When you’re rich out of market shares can you actually, i mean, are you able to buy things whenever you want? or should wealthy be measured more precisely by physical goods?

Question

When you’re rich out of market shares can you actually, i mean, are you able to buy things whenever you want? or should wealthy be measured more precisely by physical goods?

In: Economics

Answer 1

No wealth should never be measured by physical goods.

If your wealth is in shares, You can sell small amounts of shares to fund your lifestyle. Many founders or high level employees with much of their wealth in shares set up regular stock sales, so they free up cash and prevent perception of insider trading. You might have 1m shares and sell 10k of them each quarter, a week after your company reports earnings.