mod (Andy) note: "Blast from the past - Best of Eddie" - This one is originally from November 2010. If there's an old post from Eddie you'd like to see up again shoot me a message.
When I was in my teens and early 20's, all I could think about was being rich. I didn't care what I had to do to make the money, I just knew that I wanted to be rich. Not just wealthy, either. I wanted the private jets, the boats, the mansions, the proverbial "fuck you" money. What I didn't spend any time thinking about was what would happen if I made that kind of money and then lost it.
I was reminded of this when I read the story of the Martin family of Paso Robles, California. This is the story of a husband and wife with three kids who made $10 million after taxes from the sale of his father's company in 1998. Today all the money is gone, along with their sprawling estate, his Aston Martin, and her horses - one of which cost $173,000. He went from jet-setting and dinners at the "21" club to teaching at a community college in Kansas in just over 10 years. And it got me thinking about which was worse: to be rich and lose everything, or to have never been rich and not know what you're missing?