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Found out my husband is secret millionaire and still charges me $500 rent every month

I am NOT OP. Original post by u/throwawayhdjw in trueoffmychest
 
Found out my husband is secret millionaire and still charges me $500 rent every month - 3 November 2022
Throwaway account I(26f) met my now husband(25m) 4 years ago online. He was a student at university and I was working full time as a medical tech. He was very hard working, ambitious, goal-oriented person these are some of qualities that was attractive to me, he’s an immigrant and I knew his family’s financial struggles. I was impressed by how far he’s come, I would supporting him in his goals. Soon after we started dating and 2 years ago we got married.
He graduated from college and found a job at a tech company and he would work from home while I’d work 12 hour days on-site. I’d ask about his salary and he would tell me it’s $60k. I didn’t think of it much and continued with life. I only made $20/hr and I have lots of loans that I usually pay.
Fast forward one year, he moved to a new city and while I was struggling to find job in new city so I stayed back for 3 months. After 3 months, he surprises me with a house that is on his name only. He would never talk to me about his finances, he got loan for 400k house on 60k salary. I still didn’t pay attention and Since our marriage he’s the one talking care of finances and taxes etc.
I wanted to purchase house for my mother and sister. I found the perfect house and my bank requested me for Tax returns of last 3 years. I requested my husband to send it to me but he would insist that he’d like to talk to bank or he would handle the situation and would try to convince me that his bank is better than mine but I had already locked down on this deal and I wasn’t going to budge. So finally, after a lot of argument he sent me the tax returns. And, the tax return income for last year was a whopping $1.8M and my contribution was $38K.
All this time, he would fight with me for small and little expenses. He bought 2007 beater Toyota with MY money and he still charges me $500 every month. I don’t understand HOW he got so much money and Why he tried to hide it from me.
Since I found out, he told me his bank is empty, he spent it all, sent it back home to his parents etc. I am lost and I have a lot of questions.
Update:
I couldn’t read all the comments. But, I can answer few questions before I go to work. I will post more update later.
I said, I made 38K last year doesn’t mean I make the same now. I make around $50K and I wanted buy one small house for my mother and 6 yr old sister in a LCOL area.
Yes, i bought him his first and only car 3 years ago and he hasn’t returned me any money yet.
 
Secret Millionaire Update - 4 November 2022
Since last post gained lots of traction, here an update.
First of all, I’d like to thank you all for encouraging me to speak up of my right. Since then we had some discussion, and we’ve come to an alignment.
As I had mentioned earlier, we both love and care for each other. So, I’d have hard time leaving him. I know people asked to get divorce and lawyer up etc etc but I didn’t want to make it messy.
He was very vague about the source of the money but pointed out that he owned an LLC that was acquired or merger?! Anyway, important thing here is he agreed to fund 50% of the house that I was planning to buy for my mother and promised me a new G wagon, I know I’m gonna lot of hate for this, but I think communication works most of the time. Also, he’s got potential to go great things 5-10 years down the lane, I wouldn’t want to leave him high and dry.
I feel like I am worth way more than 900K, I provided him with the right energy and homely atmosphere hence he was able to do what he does. So, me being with him is only going to help him in future.
 
Reminder - I am not the original poster.
submitted by toohottooheavy to BestofRedditorUpdates [link] [comments]

Canada tax agency reveals secret study linking home prices to millionaire migration, five years after freedom-of-information request

Canada tax agency reveals secret study linking home prices to millionaire migration, five years after freedom-of-information request submitted by radio705 to canada [link] [comments]

Found out my husband is secret millionaire and still charges me $500 rent every month

NEW UPDATE ON MY PROFILE: https://www.reddit.com/usethrowawayhdjw/comments/ylzs0z/secret_millionaire_update/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
Throwaway account I(26f) met my now husband(25m) 4 years ago online. He was a student at university and I was working full time as a medical tech. He was very hard working, ambitious, goal-oriented person these are some of qualities that was attractive to me, he’s an immigrant and I knew his family’s financial struggles. I was impressed by how far he’s come, I would supporting him in his goals. Soon after we started dating and 2 years ago we got married.
He graduated from college and found a job at a tech company and he would work from home while I’d work 12 hour days on-site. I’d ask about his salary and he would tell me it’s $60k. I didn’t think of it much and continued with life. I only made $20/hr and I have lots of loans that I usually pay.
Fast forward one year, he moved to a new city and while I was struggling to find job in new city so I stayed back for 3 months. After 3 months, he surprises me with a house that is on his name only. He would never talk to me about his finances, he got loan for 400k house on 60k salary. I still didn’t pay attention and Since our marriage he’s the one talking care of finances and taxes etc.
I wanted to purchase house for my mother and sister. I found the perfect house and my bank requested me for Tax returns of last 3 years. I requested my husband to send it to me but he would insist that he’d like to talk to bank or he would handle the situation and would try to convince me that his bank is better than mine but I had already locked down on this deal and I wasn’t going to budge. So finally, after a lot of argument he sent me the tax returns. And, the tax return income for last year was a whopping $1.8M and my contribution was $38K.
All this time, he would fight with me for small and little expenses. He bought 2007 beater Toyota with MY money and he still charges me $500 every month. I don’t understand HOW he got so much money and Why he tried to hide it from me.
Since I found out, he told me his bank is empty, he spent it all, sent it back home to his parents etc. I am lost and I have a lot of questions.
Update: I couldn’t read all the comments. But, I can answer few questions before I go to work. I will post more update later.
I said, I made 38K last year doesn’t mean I make the same now. I make around $50K and I wanted buy one small house for my mother and 6 yr old sister in a LCOL area.
Yes, i bought him his first and only car 3 years ago and he hasn’t returned me any money yet.
submitted by throwawayhdjw to TrueOffMyChest [link] [comments]

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This is like the Coca Cola town of secret millionaires, except version 2.0 - Bigger, Better, and Worldwide

This is like the Coca Cola town of secret millionaires, except version 2.0 - Bigger, Better, and Worldwide
I know OG apes have seen this multiple times but for newbies or for those who have never heard of this or doubt MOASS can happen, think about this amazing story about this town that believed their DD, invested what they could, never gave up, and many became generational millionaires.
TLDR: During the Great Depression, a banker convinced struggling families in Quincy, Florida, to buy Coca-Cola shares that traded at $19. Later, the town became the single wealthiest town per capita in the US, with at least 67 millionaires.
(I literally just copy pasted this 2013 article but you can look up "coca cola millionaires".

https://preview.redd.it/wxaeb6swata91.jpg?width=3200&format=pjpg&auto=webp&s=2880464e39fc5003f98947341331d27707d03f0f

How Quincy, Florida Became a Town of Secret Coca-Cola Millionaires
In the 1920s and 1930s, a banker named Pat Munroe in the small town of Quincy, Florida noticed that even during the depths of the Great Depression, otherwise impoverished people would spend their last nickel to buy a glass of Coca-Cola. With good returns on capital, and a once-in-a-century valuation so low that the business was trading for less than the cash in the bank, “Mr. Pat”, as he was called, encouraged everyone he knew to buy an ownership stake in the firm. He would even underwrite bank loans, backed by Coca-Cola stock, for his responsible depositors to encourage people to acquire equity.
Coca-Cola Stock SharesCoca-Cola had gone public at $40 per share but a conflict with the sugar industry and its bottlers resulted in a 50% crash shortly thereafter, when it reached $19 per share. Focusing on the bottom-line profits, and the power of the brand, Pat Munroe kept buying. And he kept telling everyone else to buy, too.
That one observation, and Mr. Pat’s business skills in convincing others to buy assets that produced cash irrespective of short-term market fluctuations, not only changed lives, it saved the farm town during the Great Depression as the local economy was supported by Coca-Cola dividends. It has also supported the town in “every recession since”, according to the man who now runs the trust department in the bank that was once headed by Munroe.
When crops fail, it was the Coca-Cola cash that kept people employed. When the national economy collapsed, it was the Coca-Cola cash that allowed people to stay in their homes. When times were good, and Coke was cheap, more shares were purchased.
Quincy became the richest town per capita in the entire United States at the time. At least 67 appropriately dubbed “Coca-Cola millionaires” amassed significant fortunes before passing those fortunes on to their children and grandchildren, in some cases through outright gifts and in other cases through the use of trust funds. The bank where it all started has Coca-Cola on display and, as of four years ago, a staggering 65% of the trust assets under management are still invested in Coke stock. (Coke has had a nice run since then as profits increased and the world recovered from the crash in 2009, so I’d imagine it is even greater today, all else being equal.)

A single share with dividends reinvested is worth $10,000,000 in 2013. It would be gushing $270,000 in pre-tax cash dividends to the owner by sending a check for $67,500 or so in March, June, September, and November of each year.

One share. One. Had great-grandma and great-grandpa picked up a round lot of 100 shares for $1,900 to $4,000 depending on the purchase price, they’d be sitting on a billion dollars, excluding the effects of estate taxes. (To see those kinds of returns, take a look at the old Sun Trust Bank annual reports. The bank received $100,000 in Coca-Cola shares during the IPO for its part of the underwriting deal and kept the stock in the vault for generations. It grew into billions upon billions of dollars, gushing out tens of millions of dollars a year in dividends that supported the bank’s balance sheet.)
Quincy, Florida, and Pat Munroe, are one of my favorite case studies. It was a group of people who decided to ignore the stock market entirely and focus on the one metric that matters: The profit generated by the business, and to a lesser extent, the percentage of that profit that was received each year in the form of dividends.
submitted by GMEstockboy to Superstonk [link] [comments]

Secret Millionaire Update

Since last post gained lots of traction, here an update.
First of all, I’d like to thank you all for encouraging me to speak up of my right. Since then we had some discussion, and we’ve come to an alignment.
As I had mentioned earlier, we both love and care for each other. So, I’d have hard time leaving him. I know people asked to get divorce and lawyer up etc etc but I didn’t want to make it messy.
He was very vague about the source of the money but pointed out that he owned an LLC that was acquired or merger?! Anyway, important thing here is he agreed to fund 50% of the house that I was planning to buy for my mother and promised me a new G wagon, I know I’m gonna lot of hate for this, but I think communication works most of the time. Also, he’s got potential to go great things 5-10 years down the lane, I wouldn’t want to leave him high and dry.
I feel like I am worth way more than 900K, I provided him with the right energy and homely atmosphere hence he was able to do what he does. So, me being with him is only going to help him in future.
submitted by throwawayhdjw to u/throwawayhdjw [link] [comments]

[Download] Udemy - Forex Trading Secrets of the Pros With Amazon's AWS - Cent Course

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Millionaires of Reddit, was it just luck or what's your secret to wealth?

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