As the economy goes down the tubes thanks to a Fed-induced recession, anger against anybody who is perceived to have more wealth or success will go up. As a result, it’s important to practice Stealth Wealth to stay safe and happy.
I know anger has increased since the bear market began because I run a personal finance website with over 2,500 articles. Lately, there have been a lot more insulting and testy comments on new and old articles, which I won’t share.
There’s a natural tendency for some people to shout on the internet and blame strangers for their financial losses or problems. Blaming others is easier to do than blaming yourself. It may also be gratifying to call people “out of touch” or “elitist” to feel more self-righteous.
As a result, is there any wonder why some rich people want to signal that they’re middle class to the public? Nobody likes to be a part of a minority that gets constantly pelted with insults.
In this post, let’s do a case study on how one person tried to signal being average but didn’t quite succeed. The post is not meant to denigrate the person, but to help us learn how we can be better Stealth Wealth practitioners.
It takes courage to put yourself out there for public consumption, so I applaud her efforts. When you’re still aggressively building wealth and growing credibility, finding the right balance between stealth and status is hard.