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anyone here a millionare?
- Thread starter georgie24
- Start date
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Mr.X
Guest
satchboogie said:
that was my line bro! lol
I'm looking at my SSI check .... $1,400.
That X 12 .... = Ut Oh! .... Not a millionare' ...
But definitely a "Thousandare"!
That X 12 .... = Ut Oh! .... Not a millionare' ...
But definitely a "Thousandare"!
jerichohill
New member
I went to Vietnam a few years back, cashed in $100.00 dollar bill and they gave me 1.2 million Dong. I had over a million dongs in my pocket and Im not even Gay!! 
L8R, J
L8R, J
LMAO... so true. And, by the way, you forgot that 99.9% of them get laid every day by supermodels but miraculously have no digital cam or other proof of anything...superdave said:
I love america's fascination with $$$. I mean, I guess I'm part of it because I'm a med student and will prolly be rich someday, but I just want a challenge and interest at my job too while being secure that I can have a good job anywhere and won't have to worry about money. The funny thing is that studies consistently show that middle income people are the happiest because they aren't overworking and have time for family, friends etc and are happy with what they've got. I don't really think $ can buy happiness. Sure, it makes things easier and helps you buy toys, but once you have the basics (house, car, clothes, etc) then it's sorta up to you to be happy by making friends and relationships...
If I was just in it for the $$, I would've done computers or something; I'm surprised nobody mentioned that yet. Computer tech and maintainence is the field I know of (well, prolly that and real estate) where people can have the least skills and/or education and still make a relatively large income... I've seen firsthand buddies of avg or less intelligence who went to school for 1 or 2yrs and are now setting up networks/servers/etc and making 100k or more... roughly what I'll be making after spending 200k on 12yrs of college, med school, and residency lol...
Dude, you're making it sound easy or something^. An extremely small % of the population makes 100k or more each year... a smaller # still make 100k net income each year. The median american income is only 38k and median american family (4ppl) income is only 45k (median means half of pop is above that figure and half below for anyone who failed stats). Approximately 14% of american households (4ppl) and fewer than 5% of individuals make 100k or more anually, but it's not like they don't have bills too...Robert Jan said:
Assuming you work until about age 60 which is standard, the average guy with:
A HS diploma will earn about $1 mil total in his working lifetime (40yrs @ 25k/yr)...
A bachelor's degree bumps you to about $2mil total in a lifetime (35yrs @ 57k/yr)...
A professional degree (MD, PhD, DMD, JD, etc) gets you to about $4mil in your lifetime(30yrs @ 133k/yr).
That's entire lifetime earnings you're talking there above; it's not like that's savings account. Most people have trouble saving/investing even as little as 10% of their income which is the typical financial planning goal, so I seriously doubt that many people ever make it to being a millionare even on the day they retire. If someone who made avg of $100k annually for 30yrs (age 25-55) and they saved 10% (10k) each year, they'd only have saved 300k... with standard 9% growth and 3% inflation that makes about 1mil even when they hit retirement age of 55. It obviously takes more than just high income to make the 1mil mark; you have to be frugal and find good investments. The more $ you make, the more tempting new toys, private school for your kids, fancy restaurants, etc become and saving 10% is never easy.
If you want actual stats, only about 3% of the US population had a net worth of 1mil+ (remember that 5% had 100k+ income so ppl obviously can't save that 10%), and the avg millionaire is 56 years old meaning that the majority of people who do get to being a millionaire don't reach that point until right before retirement. Granted, America is a rich country, but the 30 or 40 year old millionaire we like to imagine or see on TV is definetly not very common at all. I'd be willing to bet that of most people who make it to millionaire, back at age 25, the majority were actually in sizeable debts from loans taken out to get their degree or for starting their business... spend $ to make $
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Brian123
New member
Some people think that being a millionaire means that you'll get to spend millions each year. Even if you could, beyond a certain point it wouldnt make much of a difference in your life.
Beyond a certain point, the only change in your life will be on paper ( or an electronic screen ), and kinda special warm welcoming at the bank when you decide to give them a visit ...
Yeah granted you'll get to choose between a BMW 750 and a Mercedes, or have some extra money to buy an expensive racehorse or whatever...
but beyond that point, it wouldnt make that much of a change in your life...
That point is the real financial bottleneck IMO.
Unless if you're the type that likes being flashy and would buy ten cars you'd never use. I call it stupidity.
Oh yeah and people would really change... sometimes fun but not always a good thing!
Beyond a certain point, the only change in your life will be on paper ( or an electronic screen ), and kinda special warm welcoming at the bank when you decide to give them a visit ...
Yeah granted you'll get to choose between a BMW 750 and a Mercedes, or have some extra money to buy an expensive racehorse or whatever...
but beyond that point, it wouldnt make that much of a change in your life...
That point is the real financial bottleneck IMO.
Unless if you're the type that likes being flashy and would buy ten cars you'd never use. I call it stupidity.
Oh yeah and people would really change... sometimes fun but not always a good thing!
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I plan to be one day....
silverfish
New member
I've won millions in the lottery over the past few months. Everyday I either win a lottery, get contacted by a GI who horded Saddams cash, a long lost relative, or the head of the world bank. They all want to give me money but I always refuse. Someday I'm gonna take them up on their offers. Usually I hit the phishing button.
