Saturday, February 22, 2014

Of Rich Men and Pretty Young Things

I don't know if the real CEO of JP Morgan really did reply to this thread or if this entire thread below is genuine, but what I sure do know is that "the reply" from a so-called CEO of JP Morgan really, really do make sense and I think it's one short reply that the entire human female population on this earth should be reading (especially -- OK, let's not offend anybody here).

Below is a question posted by a "pretty girl" who is seeking a rich husband in a forum and a reply from CEO of J.P. Morgan to her.

 A young and pretty lady posted this on a popular forum:

Title: What should I do to marry a rich guy?

I’m going to be honest of what I’m going to say here.
I’m 25 this year. I’m very pretty, have style and good taste. I wish to marry a guy with $500k annual salary or above.
You might say that I’m greedy, but an annual salary of $1M is considered only as middle class in New York.
My requirement is not high. Is there anyone in this forum who has an income of $500k annual salary? Are you all married?
I wanted to ask: what should I do to marry rich persons like you?
Among those I’ve dated, the richest is $250k annual income, and it seems that this is my upper limit.
If someone is going to move into high cost residential area on the west of New York City Garden(?), $250k annual income is not enough.
I’m here humbly to ask a few questions:

1) Where do most rich bachelors hang out? (Please list down the names and addresses of bars, restaurant, gym)
2) Which age group should I target?
3) Why most wives of the riches are only average-looking? I’ve met a few girls who don’t have looks and are not interesting, but they are able to marry rich guys.
4) How do you decide who can be your wife, and who can only be your girlfriend? (my target now is to get married)
Ms. Pretty

A philosophical reply from CEO of J.P. Morgan:

Dear Ms. Pretty,
I have read your post with great interest. Guess there are lots of girls out there who have similar questions like yours. Please allow me to analyse your situation as a professional investor.
My annual income is more than $500k, which meets your requirement, so I hope everyone believes that I’m not wasting time here.
From the standpoint of a business person, it is a bad decision to marry you. The answer is very simple, so let me explain.
Put the details aside, what you’re trying to do is an exchange of “beauty” and “money” : Person A provides beauty, and Person B pays for it, fair and square.
However, there’s a deadly problem here, your beauty will fade, but my money will not be gone without any good reason. The fact is, my income might increase from year to year, but you can’t be prettier year after year.
Hence from the viewpoint of economics, I am an appreciation asset, and you are a depreciation asset. It’s not just normal depreciation, but exponential depreciation. If that is your only asset, your value will be much worse 10 years later.
By the terms we use in Wall Street, every trading has a position, dating with you is also a “trading position”.
If the trade value dropped we will sell it and it is not a good idea to keep it for long term - same goes with the marriage that you wanted. It might be cruel to say this, but in order to make a wiser decision any assets with great depreciation value will be sold or “leased”.
Anyone with over $500k annual income is not a fool; we would only date you, but will not marry you. I would advice that you forget looking for any clues to marry a rich guy. And by the way, you could make yourself to become a rich person with $500k annual income.This has better chance than finding a rich fool.

Hope this reply helps.

J.P. Morgan CEO

Rosalyn's two cents worth:
I will be lying if I say I don't want to marry a rich man. I will be lying too if I say I don't want to marry a handsome man. Marrying a rich man will allow me to live very comfortably or live like a queen and marrying a handsome man will make him a nice arm candy and will certainly increase the percentage of being able to send my daughter for the Miss Universe pageant.

But what am I to do with a huge mansion and a Ferrari or a daughter who won Miss Universe if the person I marry doesn't genuinely care about me or love me as much as I love him? Or what if he fails to understand me in almost every way until communication has become so scarce it is almost unheard of in the marriage? I will be miserable - and a Miss Universe daughter or material/money will not be able to take that miserable-ness away.

If you told all this to a 19-year-old Rosalyn, she would have said "So what? Where is the guarantee that a poor man won't make you miserable too? Or is there a guarantee that a poor man won't cheat on you or divorce you eventually?"

Now, the 19-year-old Rosalyn isn't entirely wrong... but neither is she entirely right.

I am currently in a relationship with one special gem of a man and I've come to realize this:
If you can explain WHY you LOVE a person, it's not a great sign.
Or if you can explain WHY you WANT to marry a person, the marriage has ended even before it had begun.

There shouldn't be a REASON to love someone and neither should there be a REASON to marry someone.

You want money? MAKE your own.
You want beautiful kids? ADOPT them. (you get to choose how they look like too, yay? LOL)

My point here is that make sure you marry the person you can live with and cant live without. It sure does sound old school but this is what I've been told by quite a number of couples who have been married for years.

What would you do?


  1. Better still, you work your way to be a billionaire,,, and many handsome guys will follow you... How? join me in Nano Patch... uncle Lawrence & aunty Agnes... serious... chat with us on facebook

  2. finally found a girl (you, Tan) with a sensible and good view of choosing the right guy after a looong time. I'm glad there are at least a few of you out there, although I have never personally met any. Wish other girls like you realize this early in their teens instead of getting carried away by the crowd and 'getting' it too late ..after changing many boyfriends.

    1. I so happen to be lucky to have found him but for some girls, they'll need to kiss a few frogs before they get to kiss their prince.

      What's most important here is the 'intention'. Thanks for the compliments.