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KRL

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#1

600,000 New Millionaires

06-12-2005, 01:55 AM

Merrill Lynch & Co.'s annaul World Wealth Report showed 600,000 new millionaires worldwide for 2004.

There are now 8.3 million millionaires. In 2004 their total wealth increased by 8.2% to $30.8 Trillion which represents 25% of the world's financial assets.

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chadglni

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#2

06-12-2005, 01:56 AM

Damn, didn't realize there were that many.

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angel_x3ws

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#3

06-12-2005, 01:58 AM

how i wish i am one of those millionairs

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#4

06-12-2005, 01:59 AM

And 50% of the world lives on less than 2 dollars daily ( if I remember correctly )

I don't use ICQ anymore.
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KRL

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#5

06-12-2005, 02:07 AM

Originally posted by angel_x3ws

how i wish i am one of those millionairs

All you got to do is make a penny from 100 million people

or a dime from 10 million people

or a dollar from 1 million people

or $10 from 100,000 people

or $100 from 10,000 people

or $1,000 from 1,000 people

or $10,000 from 100 people

or $100,000 from 10 people

or $1 Million from 1 deal.

That's it in a nutshell.

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#6

06-12-2005, 02:08 AM

Originally posted by polish_aristocrat

And 50% of the world lives on less than 2 dollars daily ( if I remember correctly )

... and 30% of GFY belong to this group
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#7

06-12-2005, 02:20 AM

Originally posted by polish_aristocrat

And 50% of the world lives on less than 2 dollars daily ( if I remember correctly )

$1. Many portions of Africa and Asian live on $1 or less per day.

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#8

06-12-2005, 02:32 AM

Originally posted by KRL

All you got to do is make a penny from 100 million people

or a dime from 10 million people

or a dollar from 1 million people

or $10 from 100,000 people

or $100 from 10,000 people

or $1,000 from 1,000 people

or $10,000 from 100 people

or $100,000 from 10 people

or $1 Million from 1 deal.

That's it in a nutshell.

you make it sound so simple

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#9

06-12-2005, 02:33 AM

gotta work harder.... need to be on that list...

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#10

06-12-2005, 02:43 AM

Originally posted by KRL

All you got to do is make a penny from 100 million people

or a dime from 10 million people

or a dollar from 1 million people

or $10 from 100,000 people

or $100 from 10,000 people

or $1,000 from 1,000 people

or $10,000 from 100 people

or $100,000 from 10 people

or $1 Million from 1 deal.

That's it in a nutshell.

or $10 Million from .1 people

I post on GFY so that when people ask me what I do,
I can tell them that I work with the mentally retarded.
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#11

06-12-2005, 02:50 AM

Originally posted by BRISK

or $10 Million from .1 people

I don't use ICQ anymore.
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#12

06-12-2005, 02:56 AM

Originally posted by chadglni

Damn, didn't realize there were that many.

a million USD doesn't exactly go as far as it once did -- let's not forget the effect of inflation in this -- there are a lot more billionaires (and thousandaires, for that matter), too -- doesn't necessarily mean more people are gettich "rich" -- or that ML is helping them get there --

j-

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#13

06-12-2005, 03:00 AM

Originally posted by KRL

or $10 from 100,000 people

doesnt sound so hard eh?
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#14

06-12-2005, 03:51 AM

wow thats a lot
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#15

06-12-2005, 03:53 AM

Originally posted by 2HousePlague

a million USD doesn't exactly go as far as it once did -- let's not forget the effect of inflation in this -- there are a lot more billionaires (and thousandaires, for that matter), too -- doesn't necessarily mean more people are gettich "rich" -- or that ML is helping them get there --

j-

I worded that wrong. What I meant was I didn't realize there were that many "new" millionaires in a year. That is a quite impressive number.

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#16

06-12-2005, 04:00 AM

Originally posted by KRL

All you got to do is make a penny from 100 million people

or a dime from 10 million people

or a dollar from 1 million people

or $10 from 100,000 people

or $100 from 10,000 people

or $1,000 from 1,000 people

or $10,000 from 100 people

or $100,000 from 10 people

or $1 Million from 1 deal.

That's it in a nutshell.

You forgot a quarter from 4 Million people....25 cents for a .01 cent gum ball. now that's a profit!
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#17

06-12-2005, 04:04 AM

Originally posted by a1ka1ine

doesnt sound so hard eh?

that's cuz it isn't
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#18

06-12-2005, 04:07 AM

I read a report recently that said Australia was the country with the fastest growing number of millionaires.

I post on GFY so that when people ask me what I do,
I can tell them that I work with the mentally retarded.
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#19

06-12-2005, 04:08 AM

Originally posted by polish_aristocrat

And 50% of the world lives on less than 2 dollars daily ( if I remember correctly )

Where do you think the millionaires got their money from?

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#20

06-12-2005, 04:09 AM

Originally posted by KRL

All you got to do is make a penny from 100 million people

or a dime from 10 million people

or a dollar from 1 million people

or $10 from 100,000 people

or $100 from 10,000 people

or $1,000 from 1,000 people

or $10,000 from 100 people

or $100,000 from 10 people

or $1 Million from 1 deal.

That's it in a nutshell.

This really is the best way to think about it. It's volume that's important. $100 bucks is nothing but if you can convince 10,000 people to give you $100 bucks you have a million bucks.
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#21

06-12-2005, 04:14 AM

I hope im one of them.
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#22

06-12-2005, 04:14 AM

being a millionaire doesn't mean your rich. You only need 1 million to be a millionaire and 1 million doesn't buy shit these days you still need a business or a high paying job cause each year that million dollars loses 2% of its worth.

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#23

06-12-2005, 04:18 AM

why not me
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#24

06-12-2005, 06:31 AM

heh cool, the 3 boys we went to private school with their dad owns aic insureance he has 14 billion in assests and worth 1.4 billion. i think hes #8th or somewhere on canadas rich list.

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#25

06-12-2005, 06:33 AM

Originally posted by DamageX

Where do you think the millionaires got their money from?

I'm sure some got it from real estate

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#26

06-12-2005, 06:36 AM

Originally posted by BRISK

or $10 Million from .1 people
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#27

06-12-2005, 06:43 AM

Originally posted by KRL

Merrill Lynch & Co.'s annaul World Wealth Report showed 600,000 new millionaires worldwide for 2004.

There are now 8.3 million millionaires. In 2004 their total wealth increased by 8.2% to $30.8 Trillion which represents 25% of the world's financial assets.

Trillion, dizzzam
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#28

06-12-2005, 06:51 AM

Originally posted by KRL

All you got to do is make a penny from 100 million people

or a dime from 10 million people

or a dollar from 1 million people

or $10 from 100,000 people

or $100 from 10,000 people

or $1,000 from 1,000 people

or $10,000 from 100 people

or $100,000 from 10 people

or $1 Million from 1 deal.

That's it in a nutshell.

Just have to know your product and your customers and you will be able to get to your goal. I like how you broke it down like this. Some people think oh a million i can't do that but if they think about it in steps it's a lot easier.

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DamageX

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#29

06-12-2005, 06:54 AM

Originally posted by NTSS

I'm sure some got it from real estate

No shit, really?

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cyber_ninja

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#30

06-12-2005, 06:56 AM

Originally posted by KRL

All you got to do is make a penny from 100 million people

or a dime from 10 million people

or a dollar from 1 million people

or $10 from 100,000 people

or $100 from 10,000 people

or $1,000 from 1,000 people

or $10,000 from 100 people

or $100,000 from 10 people

or $1 Million from 1 deal.

That's it in a nutshell.

ive done all of thoses,exept for the first 9
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#31

06-12-2005, 07:28 AM

Originally posted by KRL

All you got to do is make a penny from 100 million people

or a dime from 10 million people

or a dollar from 1 million people

or $10 from 100,000 people

or $100 from 10,000 people

or $1,000 from 1,000 people

or $10,000 from 100 people

or $100,000 from 10 people

or $1 Million from 1 deal.

That's it in a nutshell.

ok, first 3 is a spam , what about the rest ?
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#32

06-12-2005, 07:36 AM

$1,000,000 isn't much really. In the UK its only half a million pounds. Enough to buy a nice house, car and some clothes....maybe even a holiday!

The term millionaire is thrown around in the US.
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#33

06-12-2005, 07:37 AM

The report for here was of +400 millionaires last year...
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#34

06-12-2005, 09:47 AM

Sadly, $1mil really isn't that much anymore. 20 years ago you could have retired with 30 more years to live and $1mil would have been more than enough. With inflation, cost of heathcare, etc. there's no way you could do that now
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#35

06-12-2005, 09:50 AM

and $1,000,000.00 will get you a pretty crappy house in CA.
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#36

06-12-2005, 09:53 AM

Who the hell says you buy everything in cash?
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#37

06-12-2005, 10:06 AM

Originally posted by KRL

Merrill Lynch & Co.'s annaul World Wealth Report showed 600,000 new millionaires worldwide for 2004.

There are now 8.3 million millionaires. In 2004 their total wealth increased by 8.2% to $30.8 Trillion which represents 25% of the world's financial assets.

Ahhh well, more competitors.

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BukkakeBrown

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#38

06-12-2005, 10:08 AM

most of them are prlly the children of other millionaires... not many ppl go from livin low/mid class to millionaire like that... unless they can rap or play basketball or somethin

dunno about "upper class" ppl, i dont fuck with that...

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