{"id":46625,"date":"2022-08-11T04:15:31","date_gmt":"2022-08-11T11:15:31","guid":{"rendered":"https:\/\/lenpenzo.com\/blog\/?p=46625"},"modified":"2022-08-31T09:29:34","modified_gmt":"2022-08-31T16:29:34","slug":"grandfather-says-net-worth-and-real-value-2","status":"publish","type":"post","link":"https:\/\/lenpenzo.com\/blog\/id46625-grandfather-says-net-worth-and-real-value-2.html","title":{"rendered":"Grandfather Says: Net Worth and Real Value"},"content":{"rendered":"<div id=\"attachment_43685\" style=\"width: 385px\" class=\"wp-caption alignright\"><a href=\"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2017\/07\/grandfather.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-43685\" class=\"wp-image-43685\" src=\"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2017\/07\/grandfather-758x1024.jpg\" alt=\"\" width=\"375\" height=\"507\" srcset=\"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2017\/07\/grandfather-758x1024.jpg 758w, https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2017\/07\/grandfather-222x300.jpg 222w, https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2017\/07\/grandfather-768x1037.jpg 768w, https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2017\/07\/grandfather.jpg 1014w\" sizes=\"auto, (max-width: 375px) 100vw, 375px\" \/><\/a><p id=\"caption-attachment-43685\" class=\"wp-caption-text\">Original oil painting by: Grandfather&#8217;s wife<\/p><\/div>\n<p>Grandfather gets unhinged when the subject of his <a href=\"https:\/\/lenpenzo.com\/blog\/id4422-100-words-on-why-tracking-your-net-worth-is-so-overrated.html\" target=\"_blank\" rel=\"noopener noreferrer\">net worth<\/a> comes up, because it bears no relation to his values and enjoyment of life.<\/p>\n<p><a href=\"https:\/\/lenpenzo.com\/blog\/id1151-19-things-the-millionaire-next-door-wont-tell-you-2.html\" target=\"_blank\" rel=\"noopener noreferrer\">Is he a millionaire<\/a>? He says that depends on the <strong><em>price<\/em><\/strong> of local real estate next week, which is of no interest to him.<\/p>\n<p>His interest is in the value of his real estate and that&#8217;s priceless. He uses it to produce fuel (firewood), food, his water supply (a cistern full of soft water with primary filtration by the atmosphere) and some marketable stuff, like timber, hay and cattle (some of which go into the family larder).<\/p>\n<p>He does invest in his version of futures. They mature about nine months after his cows are bred when the calves arrive.<\/p>\n<p>Here&#8217;s something else that&#8217;s priceless:<\/p>\n<div id=\"attachment_46627\" style=\"width: 541px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2017\/12\/grandfather-net-worth.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-46627\" class=\"wp-image-46627\" src=\"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2017\/12\/grandfather-net-worth-1024x768.jpg\" alt=\"\" width=\"531\" height=\"398\" srcset=\"https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2017\/12\/grandfather-net-worth-1024x768.jpg 1024w, https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2017\/12\/grandfather-net-worth-300x225.jpg 300w, https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2017\/12\/grandfather-net-worth-768x576.jpg 768w, https:\/\/lenpenzo.com\/blog\/wp-content\/uploads\/2017\/12\/grandfather-net-worth.jpg 2048w\" sizes=\"auto, (max-width: 531px) 100vw, 531px\" \/><\/a><p id=\"caption-attachment-46627\" class=\"wp-caption-text\">The view looking west from Grandfather&#8217;s House.<\/p><\/div>\n<p>***<\/p>\n<p><em>About the Author: RD Blakeslee is an nonagenarian in West Virginia who built his net worth by only investing in that which can be enjoyed during acquisition and throughout life, as opposed to papers in a drawer, like stocks and bonds. You can read more about him <a href=\"https:\/\/lenpenzo.com\/blog\/id22017-how-i-live-on-less-than-40000-annually-ralph-from-west-virginia.html\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>. This article was originally published on 5 April 2018.<\/em><\/p>\n<p style=\"text-align: right;\"><span style=\"font-size: smaller;\">Photos: Courtesy of the Blakeslee Family<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grandfather gets unhinged when the subject of his net worth comes up, because it bears no relation to his values and enjoyment of life. Is he a millionaire? He says that depends on the price of local real estate next week, which is of no interest to him. His interest is in the value of [&hellip;]<\/p>\n","protected":false},"author":150,"featured_media":43685,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","pmpro_default_level":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[490],"tags":[],"class_list":{"0":"post-46625","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-grandfather-says","8":"pmpro-has-access","9":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Grandfather Says: Net Worth and Real Value<\/title>\n<meta name=\"description\" content=\"Is your net worth really that important? 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