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Im 33 with a net worth of 800k and could easily buy a 5k watch or any number of stupid gizmos and gadgets. But I didn't get to a net worth of 800k at 33 by buying stupid shit to impress people I don't know or that won't be in my life in five years' time.
5k in the market is probably 10k in seven or eight years. That's how I think about money. In terms of opportunity cost. Not in terms of what cash I have on hand, or how much stuff costs per month.