How to marry a guy with $500k annual income

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 is only average-looking? I've
met a few girls who doesn'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


Here's a reply from a Wall Street Financial guy:

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 worried 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. If you are interested in "leasing" services, do
contact me…

signed,
J.P. Morgan

Is the worst really over?

Last Week, I sold part of my Apple shares and its options to buy some other Financial stock options and most of my financial stock options are in negative! I bought at the wrong timing. If you ask me, " is the worst really over?" Answer: "I doubt it."
Crude oil price is trading above $125 and AIG missed earnings and lower its guidance. The above trades are only simulation.

Profit taking from Apple and Call options

I have decided to take some profit from Apple and also the call options to release some buying power to buy other options next week. There are a few options that I am watching: Goldman Sachs (NYSE: GS) Call option, Citigroup (NYSE:C) Call Option, Microsoft (NASDAQ:MSFT) Call Option, Yahoo (NASDAQ:YHOO) Put Option and Bank Of America (NYSE:BAC) Call Option. Research in Motion (NASDAQ: RIMM) is also in my watch list as it has very good momentum comparing with Apple (NASDAQ: AAPL). But what I do not like is RIMM has only a single of line of product - Blackberry while Apple has multiple lines of products - IPhone , IPod, ITunes, Mac and more which make me think that Apple is more attractive.

Profit from Apple on May 2, 2008: 40.77% or $5,240.00


Profits from Options on May 2, 2008: 101.13 % or $41,210.00

Merck (NYSE:MRK) is doing well, it is just the matter of time for it to trade above $40.

The reasons I choose the Call and Put options stated above.
The Deal between Microsoft and Yahoo is Off! So, that is the reason I have placed order to buy Call Options for Microsoft and Put Options for Yahoo. Goldman Sachs is trading above $200, to me it is a buy opportunity as long as it is trading above $200. If the worst is over, I guess some good fundamental financial Stocks might be attractive. So, I am placing order for Citigroup and Bank of America which have been killed since October, 2007.

Disclaimer: The above trades are not in Real money

Profits from Apple and Call options on May 1, 2008

Today the USA market was pretty strong. S&P 500 Index was able to close above the Major support of 1400. Last time 500 Index closed above 1400 was on 10 January. I believe that market will trading above this level for some time and will continue to go higher. I guess "The Worst is Over!" is sticking in the minds of the majority investors.

Apple has broken through the resistance at $175 and 180. Well, it is not unusual as the market was so strong, DOW was up 1.48% and NASDAQ was up 2.81%. Any strong NASDAQ stocks could easier up 3% today, Google was up 3.27%, Research in Motion was up 5.24% and Apple was up 3.48%.

The below is my profit from Apple shares: 40.03% or $5,146.00

Now, I will take half of the profit if it is trading below $175 and let the other half goes.

My profit from options: 92.18 % or $37,565.00
I just bought 2 new call options which the mother share is MERCK (NYSE:MRK). Merck is a Drug company. I bought the call options because Merck was recommended by Jim Cramer. As per Jim Cramer, Merck has better growth than Pfizer(NYSE:PZE), although both companies are Dow Components. I see the Daily chart for Merck, its share price is trading at half of what it was on January. It was getting killed and it sounds like another Apple or Google. The investors were just over react for the last couple of months. It is a steal at this price!


Now the market is getting stronger and I think that it is the buy opportunity for the stocks which have good fundamental but were killed because of the over reactions from investors and may be because of the fear of the Recession.