There are some rich folks out there...

SixPapaCharlie

SixPapaCharlie

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But I'm not one of them.

Wifey says "Hey its been a few years and we should go get some family portraits done.
Cool. We do this. Get some pics, pick the ones we like, sling a few onto a canvas, throw them on the walls.

Mrs. 6PC found a new photog just an hour and a half drive away. She purchased a sitting fee and $250 towards photos at a non profit auction.

We drive out dressed to kill with the kids in tow.
Get out to this great place and spend all morning taking photos.
Grab lunch and meet them back at their studio to review our awesomely beautiful photos

They look great so let's discuss which we like for a largish canvas over the mantle type photo.

We pick one and she starts rattling off the perfect dimensions and she said she could cut us a deal if we buy a package and we get the large one for "Thirty nine ninety nine" Time slowed down as I almost blurted out "Dang, that's a sweet deal" but then thought about how she and I were thinking of the decimal in 2 different locations.

$4000 for a photo????

How much for the next size down?
"$1999"

What about a 5X7 with no frame that I can just tape to my computer monitor?
"$200"

Our vision isn't that good and we are not that pretty. No way....

I am not mad at these folks at all. Good for them. They are the Mercedes of photography studios and I am looking for the kia level photos.

So I am guessing that there are folks out there that will go drop 10 grand on family photos or something. I had no idea that this level of portrait photography even existed.

We usually hire someone to snap a bunch of photos for $200 and they give us a CD for us to do as we please.

I wonder what other services exist that have a mind blowingly expensive route for a different class of people. Are there like $2000 car washes or special notaries that folks like me would have to finance it? Again, no hate for the photog. Great for him that he has this ability but would be good to make a note on your website that this is white glove service or something so I know I am not going to make an awkward scene when it comes time to pay.

In the end, we didn't buy anything so we wasted their time and ours because we had no indication that this was special.
 
chances are they will call you back in a few weeks and drop the prices. But yea, those are ridiculous prices! How much is a wallet photo? LOL
 
flhrci said:
chances are they will call you back in a few weeks and drop the prices. But yea, those are ridiculous prices! How much is a wallet photo? LOL
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That is the wallet photo. After they clean your wallet out, there will be room there to put the full size photo.
 
We have a few large canvas photos on our walls that probably set us back $100-$200 a piece.
I could even see 400-500 for a large one but they should have just looked at the car I drove up in and said "I think there must have been some sort of mistake"
 
SixPapaCharlie said:
I wonder what other services exist that have a mind blowingly expensive route for a different class of people.
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Concierge Medical - $25'000 per person/year.

(No insurance would pay for that - you can do HSA, but that's limited to $3400/year).
 
For that kind of money you could buy a really nice DSLR camera and a tripod. Take your own picture using the timer function, go into one of the many retail stores like Target, Wal-Mart, Walgreens, etc that will print a photo with your SD card and print whatever you want for probably less than $20. And you have a really nice camera in the end.

I really wonder sometimes if there are lot of inexplicably wealth people out there who have no idea what things are actually worth.
 
This is why they gladly give away sitting fees at non-profit stuff. It's the razor theory: give away the razors and charge a lot for the blades.
 
If they call back, they might offer you the digital rights to say one image for $200 or something. If it's really nice, take it and then go to one of the many online canvas photo places and buy what you want. I got a package from, I think "canvas factory" of one big, two medium and several smaller canvases for like $200 total. They came out really nice.
 
There are $1 billion buck private yachts that cost $30m a year to run.
Jeweler Lam Sai-Wing of Hong Kong has a $3.5m bathroom with gilded walls and toilet paper.
You can blow $300m on a Paul Gaugin painting “When Will You Marry” that cost $20 bucks when he first created it.
A one-half interest, or 400 hours of flight time, costs $4.4 million in NetJets. Does not include fuel, pilot, landing or management fees.
A single share of Berkshire Hathaway BRK.A is 250,553.44 USD.
Lunch with Warren Buffet costs $2.6m
Stuart Hughes, a British jeweler will sell you a gold plated iPhone for $16,764,000
Rent a disabled person to cut lines at Disneyland for $400/hr. http://nypost.com/2013/05/14/rich-m...guides-so-kids-can-cut-lines-at-disney-world/
Professional picture hangers cost $160/hr https://www.proreferral.com/services/picture-hanging/
The rich are building ERs in their mansions because they don't want to go to an emergency room where the "public" go.
The Billionaire Boys Club has a limited 4-piece-only backpack for $1,650.
Elvis Presley´s barber Homer Gill Gilleland sells locks of his hair at auction for $115k
Gläce Luxury Ice Co make hand-carved and completely clear bag of 50 ice cubes $325
The town of Bridgeville, California, was sold for $1.77m in an eBay auction
You can get a diamond covered PC mouse for $34k
Gigis London makes a cocktail: 1990 Vintage Cristal, 1888 Samalens Vieille Relique brandy, topped with Angostura Bitters gold leaf for $14,500 per.
A piece of rock that fell on Earth from Mars was sold for $450k
A an original hand-written letter by Albert Einstein was sold in an auction for $3m plus
A gold plated Monopoly set is $3m
The most expensive hotel room in Las Vegas is $55k a night but that includes a butler and a car.
 
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There are a lot of photographers who charge really insane amounts, and what you saw is a typical business model. I wonder how many they actually sell at that price.

One problem is that a lot of people who call themselves photographers really are very bad. Their work is crap, they just have a DSLR but don't know how to compose a picture or edit it in Photoshop to make it worthwhile. Our engagement photos were terrible from one such person. What's hard is to find someone who does good work AND has prices that are reasonable. It's as much of a waste of time and money to use someone who does crappy work as it is to use someone who does great work.
 
jbrinker said:
If they call back, they might offer you the digital rights to say one image for $200 or something. If it's really nice, take it and then go to one of the many online canvas photo places and buy what you want. I got a package from, I think "canvas factory" of one big, two medium and several smaller canvases for like $200 total. They came out really nice.
Click to expand...

I don't want to play that game. When I walk out of a car dealership it is never in hopes that they will call me with a better deal. Its because I'm no longer interested in that particular path.
We are going to re-hire a friend we have used in the past. This just seemed like a deal until it wasn't.
 
The fact that prices like these exist has always tempted me to go into consulting, but I can't wrap my head around the idea that someone would be willing to pay me $10,000 a week to point their debits and credits in the right place.

Btw, can I have a 5x7 of that pic for my desk?
 
Found our wedding photographer on craigslist. They get started on there usualy then their prices go up with experience. We paid $1K and our photos are pretty awesome.

Family pics? Dude, set up a tripod and print them at CVS - a 5x7 is 2.29. I am a bit cheap though, i get the 4x6 prints for $0.10 each.
 
That is a fun picture. I might have to copy that. Sorry.
 
When they were first born we decided to get professional pictures taken at some point I go we never just sit around and do nothing take a photo of us having fun. So I hold the kids upside down. Now I've got this whole folder every vacation every photoshoot we've ever gone to we have the kids upside down photo. they're starting to get heavy
 
eman1200 said:
nice smudge job on ur kids faces.

uh, that IS a smudge job, right??????
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either that or you just got back from a filming of Pink Floyd The Wall Part II

happiest-days7.jpg
 
eman1200 said:
I didn't think a mil but aren't the like a hundid grand or so?
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Yeah, Berkshire Hathaway A, is currently trading at 250,476.44/share. Now you're talking BIG money!

That's the highest US stock that I'm aware of.
 
citizen5000 said:
There are $1 billion buck private yachts that cost $30m a year to run.
Jeweler Lam Sai-Wing of Hong Kong has a $3.5m bathroom with gilded walls and toilet paper.
You can blow $300m on a Paul Gaugin painting “When Will You Marry” that cost $20 bucks when he first created it.
A one-half interest, or 400 hours of flight time, costs $4.4 million in NetJets. Does not include fuel, pilot, landing or management fees.
A single share of Berkshire Hathaway (Buffet's Company) is $1,097,500.00.
Lunch with Warren Buffet costs $2.6m
Stuart Hughes, a British jeweler will sell you a gold plated iPhone for $16,764,000
Rent a disabled person to cut lines at Disneyland for $400/hr. http://nypost.com/2013/05/14/rich-m...guides-so-kids-can-cut-lines-at-disney-world/
Professional picture hangers cost $160/hr https://www.proreferral.com/services/picture-hanging/
The rich are building ERs in their mansions because they don't want to go to an emergency room where the "public" go.
The Billionaire Boys Club has a limited 4-piece-only backpack for $1,650.
Elvis Presley´s barber Homer Gill Gilleland sells locks of his hair at auction for $115k
Gläce Luxury Ice Co make hand-carved and completely clear bag of 50 ice cubes $325
The town of Bridgeville, California, was sold for $1.77m in an eBay auction
You can get a diamond covered PC mouse for $34k
Gigis London makes a cocktail: 1990 Vintage Cristal, 1888 Samalens Vieille Relique brandy, topped with Angostura Bitters gold leaf for $14,500 per.
A piece of rock that fell on Earth from Mars was sold for $450k
A an original hand-written letter by Albert Einstein was sold in an auction for $3m plus
A gold plated Monopoly set is $3m
The most expensive hotel room in Las Vegas is $55k a night but that includes a butler and a car.
Click to expand...

Wish I had been born rich instead of so darned handsome.....
 
Ryanb said:
Yeah, Berkshire Hathaway A, is currently trading at 250,476.44/share. Now you're talking BIG money!

That's the highest US stock that I'm aware of.
Click to expand...

Warren Buffet doesn't believe in splitting the stock, which is why it remains so high. Most stocks split when they get to a certain point so you get double the shares but they're worth half as much.
 
Ted DuPuis said:
Warren Buffet doesn't believe in splitting the stock, which is why it remains so high. Most stocks split when they get to a certain point so you get double the shares but they're worth half as much.
Click to expand...
That is correct. Needs to happen to Amazon and Alphabet (Google), a 3 for 1 split would be appropriate.
 
Get a nice photo, have it enlarged, take it to Michaels for framing. They do a fantastic job.;)
 
I couldn't find my original source for the Berkshire price. So I revised it to the A-share current market price BRK.A is 250,553.44 USD (with 30 mins left in market trading today).
 
SixPapaCharlie said:
When they were first born we decided to get professional pictures taken at some point I go we never just sit around and do nothing take a photo of us having fun. So I hold the kids upside down. Now I've got this whole folder every vacation every photoshoot we've ever gone to we have the kids upside down photo. they're starting to get heavy
Click to expand...

In 10 years, it will be you and the missus who is being held upside down for the photo...
 
Ted DuPuis said:
Warren Buffet doesn't believe in splitting the stock, which is why it remains so high. Most stocks split when they get to a certain point so you get double the shares but they're worth half as much.
Click to expand...
That is probably a reason to lower the stock volatility by not having retail traders move in and out all day long.
 
Couple of years ago I got a call from the son of a lifelong friend, and he asked if he could come see me at my office. I said sure. It turned out he was selling high end cutlery. Once I figured out what was going on, I thought ok, we've got a niece getting married in a few months; this would make a nice wedding gift. Then when he was done with his presentation I asked how much? I was expecting $200-300. Nope. Over $3k. They were obviously a higher quality that what we have, lifetime guarantee, balanced bone handle, etc, but not worth $3k to me. I knew we needed a new vegetable peeler, so I bought my wife one for $39. She does love it.
 
midcap said:
That is probably a reason to lower the stock volatility by not having retail traders move in and out all day long.
Click to expand...
The trading volume was only 319 today. Honestly, the only ones who can afford to trade it are investment firms and bancorps and those 319 trades moved the stock nearly $1,000 in one session. Tells you something. :eek:
 
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