Does Money Really Buy Happiness?

As $Tesla Motors(TSLA)$ 21% yesterday, Elon Musk’s personal wealth surged by $33.5 billion in a single day, further solidifying his position as the world’s richest person. Some people say that money can solve 90% of the world’s problems. For most people, earning enough money is an important life goal. But there are also many wealthy individuals who experience a higher threshold for happiness after achieving financial freedom, sometimes leading to depression. What do you think about the relationship between money and happiness? Has Musk’s wealth made his life less stressful?

avatarTiger_comments
10-25

Musk’s Wealth Soars 14%! Does Money Equal Happiness?

As $Tesla Motors(TSLA)$ 21% yesterday, Elon Musk’s personal wealth surged by $33.5 billion in a single day, further solidifying his position as the world’s richest person. Musk's net worth now totals $270.3 billion, followed by Larrt Ellison from $Oracle(ORCL)$, Jeff Bezos from $Amazon.com(AMZN)$, and Mark Zuckerberg from $Meta Platforms, Inc.(META)$.What do you think about the relationship between money and happiness? Has Musk’s wealth made his life less stressful?Some people say that money can solve 90% of the world’s problems. For most people, earning enough money is an important life goal. But there are also many wea
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Musk’s Wealth Soars 14%! Does Money Equal Happiness?
avatarChris Luk
10-25

Musk’s Wealth Soars 14%! Does Money Equal Happiness? 💸😮

Big news—$Tesla Motors(TSLA)$ rocketed 🚀 21% yesterday, sending Elon Musk's wealth up by a casual $33.5 billion. With this, he's firmly secured his title as the world's richest person, stacking up $270.3 billion in net worth 💰. Chasing him on the leaderboard? Names like Larry Ellison, Jeff Bezos, and Mark Zuckerberg, but they’re all playing catch-up. But, let’s cut to the chase: does Musk’s massive wealth bring him happiness? Here’s where it gets interesting. 🤔 1. Happiness: No One-Size-Fits-All 🧩 Happiness is one of those tricky concepts—it’s totally personal. No two people are going to have the exact same definition of it. For one person, happiness might mean freedom from a stressful job or just having enough to pay rent and get by without worry 🏠💼. For another, it’s creative freedom 🎨 o
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Musk’s Wealth Soars 14%! Does Money Equal Happiness? 💸😮
avatarBull Huang
10-29
Does Money Really Buy Happiness? Let’s Talk About It Hey everyone, We’re all here because, in one way or another, we’re chasing financial success. The markets, the trades, the adrenaline rush of a well-timed investment—it’s intoxicating. But amidst the tickers and charts, I find myself pondering a question that’s as old as money itself: Does money really buy happiness? At first glance, the answer seems straightforward. Money provides security, freedom, and opportunities. It can buy comfort, education, and experiences that enrich our lives. For many, escaping debt or poverty would indeed alleviate significant stress and hardship. But we can dive deeper. The Hedonic Treadmill Psychologists talk about the “hedonic treadmill,” the idea that people quickly return to a baseline level of happines
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avatarSpiders
10-26
The question "Does money really buy happiness?" has been the subject of much debate, and the answer is complex. Money can indeed contribute to happiness, but it depends heavily on context, personal values, and the way it is used. On the one hand, money can bring happiness when it addresses essential needs and provides a sense of security. For individuals or families who are financially struggling, money can improve quality of life in concrete ways: covering basic needs like housing, food, healthcare, and education. In these situations, money directly contributes to happiness by alleviating stress and enabling access to opportunities. Furthermore, having financial stability can give individuals a greater sense of freedom and control over their lives, which is often associated with higher le
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avatarSpiders
10-28
Can money buy happiness? Money has the potential to bring happiness, but this effect is often temporary and depends on various factors. For instance, when my family won the lottery through Toto, they felt an immediate rush of joy and excitement. They eagerly shared the news with relatives, who also celebrated, sharing in the happiness. However, after a few months, this initial euphoria started to fade, and the happiness that came with the winnings became less intense. Similarly, I experienced a feeling of happiness when I sold shares in First Foundation and HomeStreet for over a 100% profit on Webull. The accomplishment felt gratifying, and I enjoyed seeing my net worth grow, feeling secure in the knowledge that I was building up savings. There is a sense of comfort in financial security,
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avatarEmotional Investor
10-26
Since I joined tiger about 7 months ago I've turned just over $5000 usd into over $12000 usd. Does that make me happy? Heck yes. Faced with a total investment portfolio of about $35000 and less than 11 years til retirement, my predominately dividend based Portfolio is realistically not going to give me a comfortable retirement. So I felt better to burn out than fade away. I either take much greater risk and loose it all, or make a fortune. Hence I joined tiger to learn options trading. Granted, I've only deployed 5 of the 35k I have into options on high growth potential stocks but it's going rather well so far. And as options trades go in the money I do redeploy some of the profits excising the options for less risky stock, and also increase positions in more predictable dividend stocks to
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avatarkoolgal
10-27

Does Money Buy Happiness?

🌟🌟🌟Happiness can be defined as the experience of joy, contentment or positive well being combined with a sense that life is good and worthwhile.    Happiness is the secret sauce that can help us do our best.  It is not surprising that happy people are more successful.  If I am happy, I tend to perform well and then money will flow easily into my life.  To be happy means spending more time doing what I love like travelling and experiencing various cultures, customs and meeting new people.  Money to me is just a means to having more time to doing things that I love.  Money buys freedom and saves me the time on things I don't like doing like household chores.    Our time on earth is finite.  So to me, Time is more precious than money.&nbs
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Does Money Buy Happiness?
avatarMickey082024
10-27

Happy Sunday, DOES MONEY BUY HAPPINESS?

Money and resources can buy happiness, but only to a certain extent. This is because a person perception of his social standing compared to others is more important to increasing happiness than the actual amount of money he has. This means that earning more money may not be enough to quell a person unhappiness, as long as he believes that he has less resources than those around him. Even if people today are earning higher wages or attaining higher education levels than their parents or compared to 10 years ago, there is going to be a limited impact on their happiness if they are not doing… as well as or better than others at the present Overall, we should not discount how much economic conditions, even perceptions that come from these conditions, contribute to happiness, satisfaction, and
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Happy Sunday, DOES MONEY BUY HAPPINESS?
avatarShyon
10-26
I believe there’s a strong connection between money and happiness. Sufficient financial resources can alleviate everyday stresses, allowing me to focus on what truly matters. With enough money, I can cover my needs, pursue interests, and enjoy time with loved ones without the worry of financial instability. While wealth can help, it doesn't guarantee happiness. Many rich individuals still face challenges that money can’t solve, like loneliness or existential concerns. Given the choice between traveling into an adventure novel or achieving financial freedom, I’d choose financial freedom. It provides peace of mind and the opportunity to create my own adventures, whether through travel or hobbies. Ultimately, happiness comes from a balance—having enough money to reduce stress while seeking me
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avatarDiAngel
10-26
To each their own.To me, money not equal to happiness.Since the age of 15 y o,I kept asking myself “What is the true meaning of true happiness?”.I thought by owning my first piece of branded goods,I would have attained it.Unfortunately,nope.Next thought will be doing donation.Again, nope. It was in 2021 that I found the answer to my long searching question.It is not money but be the light for your family members.I was with my brother before and after his brain surgery.This incident happened during Covid period.He was very happy to see that I honoured my word - I will be the first family member that he sees when he opened his eyes.The joy of seeing him out of OT safely was the best birthday present of my life.The ops took place on my birthday eve. To others,hospital is the most dangerous
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avatarnomadic_m
11-04
money buys choices, therefore happy 😊 no money, no choice, no happy 😭
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avatarAqa
10-29
Clearly money can solve 90% of problems, but there is the remaining 10% problems that cannot be solved by money. How a person view his unsolvable problems is important to determine whether he would be happy living with his unsolvable problems. Suggest leaving the unsolvable problems in its corner and live life fully and happily.[Happy][Happy][Happy]
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avatarMrzorro
10-26
For Elon musk I don't think money will be the main point of happiness to him, since he already so rich. For the time management master, I don't think he is stress[LOL]  [Facepalm]  He always got extra Time to do some project that blow your mind! Or Unexpected move. But for me , money do buy happiness cause it can settle most of my problems.  
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avataricycrystal
10-26
[USD] [USD] [USD] sure is important as it means surviving... however, must not overlook happiness, health, etc... @LMSunshine @Universe宇宙 @GoodLife99 @rL @HelenJanet @koolgal @Shyon @Aqa @SPACE ROCKET @TigerGPT Which would you choose? Do y
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avatarSPOT_ON
10-26
Money can buy happiness definitely... as without money there will never be true stress free life as we will always be worried about our finances,  as bills are endless to pay . Elon musk being the richest man , money is no longer any issue to him but being the CEO of so many companies,  it is a mind wrecking job until he give up all his positions to retire peacefully ... 
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avatarandrew123
10-26
yes money can make one happy only if you don't have enough to survive for your basic needs. Once you have enough money, health is more impt cos with the extra money which you have is no use if you can't spend it.
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avatarhighhand
10-26
investing makes me happy but money does not equate to happiness. Why? Well, happiness happens when you do things you like, spend time with people you love and feel free to make choices in life.
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avatarAN88
10-27
Nah money only able to buy happiness to a certain extend thereafter quality time with family is important 
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avatarAN88
10-27
money don't equal happiness. only to certain extend then spending quality time with family is important
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avatarljcurlyfries
10-28
This is a class post and I love stock market!! u/stocksmoneynow
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