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For sure impressive amount for individual,if it is all profit tough:)
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You can live a pretty good lifestyle on $500k/year.
Say you want to live in a million dollar home and put down 20%. Your mortgage and taxes will be about $5500/month. Say you spent maybe $7k/month (that's not a very conservative lifestyle) on top of that (could include a pretty nice care). Pay about $170k/year in taxes. You are still saving $200k/year. |
99th percentile of US networth = 6M USD
99th percentile US yearly gross income = 1.4M USD/year 99.9th percentile US yearly gross income = 6.5M USD/year |
I'd take it
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Only the gazillionairs on this board will find it to be chump change
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it's a great income - would definately invest it to turn into millions
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only retards from vivid would find that to not be a lot of flow
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he probably gets a decent salary plus a percentage of the affiliates he manages to consider 500k chump change
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I'd say that anyone that calls 500k "chump-change" isn't the brightest.
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it's not sooo much about the amout to me as it's if the person made it self employed or not
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500k$/year is too much for one men. But if you are living noramly life , have children and wife , and going to job every day , so it's normal.
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That's great impressive money to be earned by any kind of work.
The fact that there are plenty of business owners out there that make it has nothing to do with how impressive it is. I have never done it and seriously doubt that I ever will. I will keep trying though. :) |
I like money
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Well, this is good income.
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Well, for an INDIVIDUAL, regardless whether an employee or business owner... it's an awesome income!
If it's a business owner taking out that much, *I* would be kind of impressed... I could only assume he/she takes that out because the company is doing well enough to support that with no problems, rather than assuming he/she is stupid.. (Of course, there are some stupid ones as well - but I'd assume the "healthy-wealthy company" before that.) |
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No insults meant to anyone. I was just responding to the original post in this thread directly... with no prejudice attached... I didn't even know what the question was in relation to at the time. And, in that regard, US$500k is a sizable chunk of change, I'd think... You could pay for 4 years of education at an Ivy League school 5-10 times over with it. You could fund several business ventures - like build an entire small brewery or start a production company. In a more charitable regard: You can run an entire homeless shelter for 5 years. You could feed over 2000 African families for a year. Seems it could mean a lot to a lot of people. I'd think even someone in Bill Gates' position would think 500k is a valuable asset. Without singling anyone out, anyone calling it "chump change" needs to re-evaluate their values, imho. And that's all I meant. Now whether anyone here actually did that or not is another matter entirely, and something that I have no opinion on one way or the other. :) |
D, he started this thread because of the other thread. he used a quote of mine out of context in this thread to try and make it look like i said what's in the title of his thread.
he confused arrogance with ignorance. there is quite a difference. arrogance can take you much farther than ignorance can in business. he is too ignorant to realize that so sometimes people half his age need to point it out. :2 cents: |
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500k is nice, but definitely not satisfactory.
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I wish... wouldn't that be a great feeling thinking of 500k as chump change... lol
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D,I like this quote of yours
You could fund several business ventures - like build an entire small brewery :winkwink: Guess that must be a guys dream ?:) |
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i can blow 500k in a weekend in Vegas easily
-Hookers -Blow for the club whore -Blackjack -Massages -more hookers -condoms |
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:1orglaugh |
Anyone that thinks $500k is chump change can kindly send it to me. I will put it to good use. Send it PayPal though:)
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That's good money, no doubt, but not exactly jaw-dropping impressive... in this industry alone there are probably at least 100 people that pull that in each year...
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Well...I am half way there...
Remember guys never put all your eggs in one basket. http://www.menastudios.com/stats/statsremote_cap01.jpg |
Everybody claiming 500k/year is chump change never really had to work for his money or earns like 200$ a month and needs to boost his ego.
Great stats Senator ! |
those look like seo numbers senator. true?
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I'd be doing the happy dance
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Nice chunk o change.. but still chump change to me of course :)
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stupid, very stupid...did i reply
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State Rank Median household income (2006 dollars)
=============================================== New Jersey 1 66,752 Maryland 2 63,082 Hawaii 3 61,005 Connecticut 4 60,551 New Hampshire 5 60,411 Alaska 6 57,071 Massachusetts 7 56,592 Minnesota 8 56,102 Utah 9 55,619 Virginia 10 55,368 California 11 54,385 Colorado 12 53,900 Washington 13 53,515 Delaware 14 52,676 Rhode Island 15 52,421 Vermont 16 52,174 Nevada 17 51,036 Illinois 18 49,328 Wisconsin 19 48,903 Nebraska 20 48,820 New York 21 48,472 Georgia 22 48,388 Pennsylvania 23 48,148 Iowa 24 48,075 Michigan 25 48,043 |
he may not make 500k a year at vivid but he could have other sources of income
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Mike of Vivid Cash never said it was "chump change". The other guy who started this tread used those words. Mike said what this person was claiming on TV wasn't impressive and that included the fact that he claims to have made $500,000 in 6 months. Of course the guy claimed a lot of things in the course of his interview on ABC, but none of those claims were all that impressive either. Is making $500,000 in 6 months, or even in 1 year, impressive? Perhaps to some but that wasn't the topic of the conversation. For some reason this Bad dog guy jumped on that one line and just obsessed about it over and over. By the passion and vigor in which this guy posted over and over and over again about this one subject, it seems like this guy has a hard one for Mike over at Vivid Cash but no matter what he couldn't stay focused on the subject at hand but instead kept obsessing about one line, which wasn't really that relevant to the entire conversation in the first place. And for the record, making $500,000 a year isn't impressive to everyone. To me, I would be impressed if you say you leaped tall buildings in a single bound or you from one end of the earth to the other totally buck naked. But telling me you made $500,000 doesn't mean crap to me. I'm not impressed by such things. So who cares if some other guy (in this case Mike of Vivid Cash) isn't impressed by such things either? Does that some how make him an ass or a bad guy? No. It just means he isn't impressed by some guy who CLAIMS to have made $500,000 on TV. |
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Aren't you the guy looking for people to do free work for you? Quit your lying and grow up NosMo |
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101 broke bitches
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