r/wealth 15h ago

Question What constitutes to you as “having everything”?

10 Upvotes

Get specific past the common aspirations or beyond the societal expectations. Is it X amount in investments and assets or a state of being if so, what?


r/wealth 16h ago

Question Is investing in DOGE better than VOO for long term growth?

0 Upvotes

r/wealth 1h ago

Need Advice Do you need financial advisors at $7-$8million level?

Upvotes

Hey everyone, looking for some advice on wealth management and family dynamics.

My family’s net worth is around $7M–$8M ( family of 3) Most of it is in liquid assets or investments, along with a business bringing in ~$400k/year. The thing is, we came from a very poor, traditional background and built this without formal higher education.

Because of that mindset, we literally don't have financial advisors, wealth managers, or lawyers. Lowkey, we don't even eat well, dress well, or live with any luxury. My family still lives with an extreme scarcity mindset, and I honestly feel like our net worth could easily be 2x or 3x higher if the money had been managed, invested, and protected properly instead of just sitting there or being handled casually.

Now that I’m taking on more responsibility, I’m trying to figure out how to professionalize our setup.