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anyone here a millionare?

I try to avoid it but due to inflation my odds are pretty fair...........someday.

Millionairre is no big deal these days. Creative accounting lets over leveraged people call themselves anything. get a line of credit and impress everybody. Declare bankruptcy. Do it again.........its the American way.

We have a few though. Most of them will tell you this about every other post. :chomp:
 
Back a few years ago on paper I was worth 6 million. My friends use to call me the 6 million dollar man. The money was in stock options in a software company. Needless to say the value dropped quite abit.

I only make it into the millionaire bracket because of the equity in my home and 401K money. I still have a chance to make some money if the stock does well over the next couple of years. Well see. Honestly don't really care.
 
buckwheat1 said:
I only make it into the millionaire bracket because of the equity in my home and 401K money. I still have a chance to make some money if the stock does well over the next couple of years. Well see. Honestly don't really care.

I think many are in this situation, which is great, but they are really living middle class lifestyles, just are doing good things with their money, saving, investing, buying property, etc. Unfortunately the govt tends to tax this group to death.
 
Longhorn85 said:
I think many are in this situation, which is great, but they are really living middle class lifestyles, just are doing good things with their money, saving, investing, buying property, etc. Unfortunately the govt tends to tax this group to death.



so true.

i guess I could say my pops is a millionare but if i ever said "it" to his face he would laugh at me.

too much shit going on to say it confidently I imagine.

btw he is an engineer
 
get yourself into any of these areas and you can be a millioniare within a year:

1) import/export
2) medical billing field
3) real estate holdings and investments
4) stock investments (with "other" people's money)

Millionaires become millionaires by finding people who work hard and dilligently, and use their hard work to make money.
 
Define millionaire... if it's what you're worth, lots of people are millionaires.

I think you mean makes more than a milly a year.

A guy who earns 100-150 k a year will be a millionaire in value after a while if he doesn't do anything stupid
 
Everyone here makes at least 6 figures......
and is 6'2".....
and weighs 235....
and has 7% bf....
and has a 10 inch cock....
and drives a ferrari or similar....
and is a millionnaire.....
so dont ask questions with obvious answers like this

Im a hundredaire in case you were wondering.
 
Razorguns said:
get yourself into any of these areas and you can be a millioniare within a year:

1) import/export
2) medical billing field
3) real estate holdings and investments
4) stock investments (with "other" people's money)

Millionaires become millionaires by finding people who work hard and dilligently, and use their hard work to make money.

LMAO, you always crack me up with your financial advice bor!

I would safely wager, since I'm around them all day, that less than 1% of people in those fields become millionaires in less than one year, starting from nothing.

the only exception would be a real estate investor starting out with $500,000, he could achieve a 100% return and double to a million using leverage.

the only other exception would be a financial analyst who gets one of the wall street jobs that only 1 in 5,000 stock guys will get and manages a 200k/year salary with an 800k bonus at the end of the year because the market just went nuts.

import/exporting = drug dealing?? lol

:)
 
I feel no need to make millions but I'd still like to, then I'd give that money to people who really need it. I'm serious.
 
Razorguns said:
get yourself into any of these areas and you can be a millioniare within a year:

1) import/export
2) medical billing field
3) real estate holdings and investments
4) stock investments (with "other" people's money)

Those conventional ways of making money don't necessarily guarantee high returns, unless certain rules are broken:

1) purchase narcotics in a 3rd world country (like Colombia, Afghanistan etc), transport and resell in a 1st world country, like yours.
2) medical billing? I suppose selling narcotics is a 'form' of medical billing
3) Investment fraud
4) See 3)

Follow this and in 3 years you'll either be filthy, stinking rich or...
 
Robert Jan said:
Define millionaire... if it's what you're worth, lots of people are millionaires.

I think you mean makes more than a milly a year.

A guy who earns 100-150 k a year will be a millionaire in value after a while if he doesn't do anything stupid


A millionaire would be someone with a networth of 1 million dollars. Take the assets and subtract the liabilities and what you are left with is your worth.

There are quite a few millionaires out there. If you are nearing retirement age and you are worth a million this is really not that big of a deal. If you are 30-40, then you are ahead of the game. If you are 20, then you are really doing something right.
 
The hardest part of being a millionaire is that fateful step where you're not relying on someone else for a paycheck and you're not making money for yourself.

once you do that -- the rest is way easier. People who fail are people who' don't plan properly to account fora ll variables to make sure they don't fail. They go into business more with self-egged emotion and feelings rather than solid facts and research driven by faith and desire.
 
Razorguns said:
The hardest part of being a millionaire is that fateful step where you're not relying on someone else for a paycheck and you're not making money for yourself.

once you do that -- the rest is way easier. People who fail are people who' don't plan properly to account fora ll variables to make sure they don't fail. They go into business more with self-egged emotion and feelings rather than solid facts and research driven by faith and desire.

now THAT I agree with, 100%
 
Razorguns said:
People who fail are people who' don't plan properly to account fora ll variables to make sure they don't fail. They go into business more with self-egged emotion and feelings rather than solid facts and research driven by faith and desire.

Not necessarily. There are some variables that can't be controlled or anticipated, and that leads to the failure of many businesses. I think many successful entrepeneurs will tell you that they had to fail a few times before they became a success.
 
What if you don't have 1 million in cash but you own your house outright ( no mortgage) and its worth 4.5 million?
 
OXANDRIN said:
What if you don't have 1 million in cash but you own your house outright ( no mortgage) and its worth 4.5 million?

then you're a multi-millionaire, you're just not liquid.
 
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