Please Scroll Down to See Forums Below Def of rich is someone who is living a more than comfortable life. Making over mid to hig six figures with no credit card debt, having several thousand in the market for investments, take vacations when they want, eat at restaurants without looking at the price on th menu, nice cars that they can afford and not bitch about the monthly payment.....
Problem is when people get more money they just acquire more bills. I would say really rich would be having a 5 million dollar home paid in full, 25 million liquid.
Mackavelli said:
just one estate sir? That's not living. Flying with everyone else? Staying in hotels with other people? bahh...
25M is a shitload of money. Just not enough to tell people to fuck off entirely.
Testosterone boy
New member
Everybody has different priorities. My definition of rich is:
abundant health
solid family
great partner
paid for house with enough room to do your hobbies
beautiful view and sufficient land to have some freedom
feeling good
reasonable freedom
not having to concern oneself with bullshit legal actions
abundant health
solid family
great partner
paid for house with enough room to do your hobbies
beautiful view and sufficient land to have some freedom
feeling good
reasonable freedom
not having to concern oneself with bullshit legal actions
MattTheSkywalker said:
You could have more than one estate as most rich do. I was giving a minimum of what I would consider rich. Personally, I would fly 1st class even if I was rich. I see the timeshares or ownership etc as a waste of cash flow. Only comes in convenient for someone who flies very very often and to destinations that would otherwise require connecting flights or delays. As for hotels, the penthouse suites are living quite large...
Mackavelli said:
LOL would be nice problems to have.
If you are really cool you can actually buy hotel apartments. This mentitles you to live there a certain number of days outof the year, and the rest of the time, the hotel rents it like any other suite or penthouse.
Hmm rich? AT LEAST 5 million a year after taxes. There are, ofcourse, degrees of rich though.
EDITED TO ADD: If you have a lot of payements than 5mil is nothing, 5million after all payements are payed off would be nice. So 5million of spending money a year, that would be rich.
-sk
EDITED TO ADD: If you have a lot of payements than 5mil is nothing, 5million after all payements are payed off would be nice. So 5million of spending money a year, that would be rich.
-sk
MattTheSkywalker said:
LOL would be nice problems to have.
If you are really cool you can actually buy hotel apartments. This mentitles you to live there a certain number of days outof the year, and the rest of the time, the hotel rents it like any other suite or penthouse.
My friend just bought a hotel room in south beach for 300k. One thing I don't understand is HOW the system works. How do you know if they are renting your room or do they pool all the money together and divide it somehow?
A
anabolicmd
Guest
Technically, you are only rich if you have a perpetual source of high income without having to work, like stock dividends for example, money with a capital M. If you have to work for your money, you arent rich you are well off.
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