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View Poll Results: What do you consider "Rich"
50k in the bank 1 2.22%
100k in the bank 3 6.67%
500k in the bank 4 8.89%
Over $1 million in assets 12 26.67%
Living off interest for life 17 37.78%
Other 8 17.78%
Voters: 45. You may not vote on this poll

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Old 01-19-2005, 11:48 AM   #1
davethetruth
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What do you consider "Rich"?

50k in the bank
100k in the bank
500k in the bank
Over a mill in assets?
Live off interest for life without having to lift a finger.
Other
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Old 01-19-2005, 12:12 PM   #2
davethetruth
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I consider having over $1 million in assets officially "rich", but I also think if I had $500k in the bank I'm sure I'd feel "rich".
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Old 01-19-2005, 12:13 PM   #3
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"Shaq is rich. The white man who signs his cheque...is wealthy."

Chris Rock
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Old 01-19-2005, 12:14 PM   #4
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$1mil in the bank or in assets & atleast $500k/year in salary (profit) is pretty well off. I would consider that rich.
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Old 01-19-2005, 12:14 PM   #5
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I can feel rich, but I don't think I will ever feel it is enough.
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Old 01-19-2005, 12:15 PM   #6
davethetruth
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Quote:
Originally Posted by ronaldo
"Shaq is rich. The white man who signs his cheque...is wealthy."

Chris Rock
Lol, yeah, that's a great quote.
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Old 01-19-2005, 12:15 PM   #7
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Quote:
Originally Posted by Nismo
$1mil in the bank or in assets & atleast $500k/year in salary (profit) is pretty well off. I would consider that rich.
yea id consider that pretty rich too
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Old 01-19-2005, 12:15 PM   #8
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To me rich is not having to work, and if you do work it is because you want to. It's something for personal accomplishment!!!

edit: and of course having a shit load of money without having to work!!!
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Old 01-19-2005, 12:16 PM   #9
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Enough money to get what ever you want.
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Old 01-19-2005, 12:16 PM   #10
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It has nothing to do with money for me.
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Old 01-19-2005, 12:17 PM   #11
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Someone living off interest for life is stinking rich.
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Old 01-19-2005, 12:18 PM   #12
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over 10 mil in liquid
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Old 01-19-2005, 12:20 PM   #13
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Enough so that you never have to work or worry again.

That's rich IMO
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Old 01-19-2005, 12:21 PM   #14
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In todays world $1million is like having $200K 25 years ago! it's really not that much!

If you have 1-3 million net worth you are considered middle class by todays standards!
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Old 01-19-2005, 12:22 PM   #15
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Enough money that all of relatives won´t have to work any more
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Old 01-19-2005, 12:27 PM   #16
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Being bill gates is rich
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Old 01-19-2005, 12:28 PM   #17
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Old 01-19-2005, 12:30 PM   #18
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Quote:
Originally Posted by UniversalPass Pete
In todays world $1million is like having $200K 25 years ago! it's really not that much!

If you have 1-3 million net worth you are considered middle class by todays standards!
scary to think about another 20 years from now. having a few million will make you lower middle class.
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Old 01-19-2005, 12:30 PM   #19
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Quote:
Originally Posted by Peaches
It has nothing to do with money for me.
Yup, anyhoo "wealth" is measured in family and friends!

You can have the cash folks, been there and done that, and it wrecked my life...:-)
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Old 01-19-2005, 12:31 PM   #20
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Quote:
Originally Posted by UniversalPass Pete
In todays world $1million is like having $200K 25 years ago! it's really not that much!

If you have 1-3 million net worth you are considered middle class by todays standards!
i thought you are middle class if you make like $5-15k per month
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Old 01-19-2005, 12:33 PM   #21
davethetruth
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Quote:
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Enough money that all of relatives won´t have to work any more
That's pretty generous
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Old 01-19-2005, 12:34 PM   #22
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Live off interest for life without having to lift a finger
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Old 01-19-2005, 12:34 PM   #23
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""Shaq is rich. The white man who signs his cheque...is wealthy."

Chris Rock"

hahaha, great quote. whats that from?
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Old 01-19-2005, 12:34 PM   #24
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Having a mill these days is not middle class. Be serious. When the average salary of the country is like 25k or something, you are still rich.

To me rich is when you don't work and still make enough money to support a good life.
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Old 01-19-2005, 12:38 PM   #25
davethetruth
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Quote:
Originally Posted by WankTank
""Shaq is rich. The white man who signs his cheque...is wealthy."

Chris Rock"

hahaha, great quote. whats that from?

The last stand-up special he had on HBO I think.
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Old 01-19-2005, 12:39 PM   #26
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Old 01-19-2005, 12:47 PM   #27
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To me "wealth" is when my family and I are healthy and happy.
Money is something I never considered as "wealth". Money can make things easier and better of course, but it can never make you happy or especially healthy.
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Old 01-19-2005, 12:52 PM   #28
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Quote:
Originally Posted by UniversalPass Pete
In todays world $1million is like having $200K 25 years ago! it's really not that much!

If you have 1-3 million net worth you are considered middle class by todays standards!
lol, right, middle class. Middle class is around 20-25k a year. Not 3 million. Retard
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Old 01-19-2005, 01:03 PM   #29
davethetruth
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Quote:
Originally Posted by supermann
lol, right, middle class. Middle class is around 20-25k a year. Not 3 million. Retard

Middle class according to salary.com is between $30k- 50k.

Interesting salary info here:

http://swz.salary.com/salarywizard/l...narrow_20.html
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Old 01-19-2005, 01:22 PM   #30
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I don't count "Rich" in Dollar, Yen or Euro.
People with 10 million in their bank account can be extremely poor in life. A person who has $0 in their bank account, but am able to help people in need can be extremely rich.
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Old 01-19-2005, 03:07 PM   #31
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you are rich when u dont have to worry about paying the bills to live the lifestyle you are comfortable with.
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Old 01-19-2005, 03:22 PM   #32
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Adnan Khashoggi was a client many years ago. One day I went to see him off at Heathrow Airport and watched he and King Fahd of Saudi Arabia walk onto the tarmac, each to his own private 747.

That is rich...

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Old 01-19-2005, 03:27 PM   #33
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Quote:
Originally Posted by tony404
over 10 mil in liquid
Rich, well off, financially secure--all relative terms. Relatively to who you are, what your cost of living is (what you want it to be and relative to your geographical location.)

People getting out of high school now of days will need about $3 million to retire comfortably! With inflation, the value of the dollar, and plenty of other factors this is a very realistic number.
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Old 01-19-2005, 03:28 PM   #34
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10 mil in net worth is the lower level of rich. You could have a nice house and live on the interest if you had to. But that sucks as if Ihad 10 mil I would think I was stinking rich. But at 3-5% it is about 400k a year and that goes fast if you are living large.
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Old 01-19-2005, 03:32 PM   #35
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Quote:
Originally Posted by davethetruth
Middle class according to salary.com is between $30k- 50k.

Interesting salary info here:

http://swz.salary.com/salarywizard/l...narrow_20.html
Maybe, but still not 3 million.
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