![]() |
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 |
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".
|
"Shaq is rich. The white man who signs his cheque...is wealthy."
Chris Rock |
$1mil in the bank or in assets & atleast $500k/year in salary (profit) is pretty well off. I would consider that rich.
|
I can feel rich, but I don't think I will ever feel it is enough.
|
Quote:
|
Quote:
|
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!!! :thumbsup
edit: and of course having a shit load of money without having to work!!! :pimp |
Enough money to get what ever you want.
|
It has nothing to do with money for me.
|
Someone living off interest for life is stinking rich.
|
over 10 mil in liquid
|
Enough so that you never have to work or worry again.
That's rich IMO |
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! :2 cents: |
Enough money that all of relatives won´t have to work any more :winkwink:
|
Being bill gates is rich
|
over 1 million in cash
|
Quote:
|
Quote:
You can have the cash folks, been there and done that, and it wrecked my life...:-) |
Quote:
|
Quote:
|
Live off interest for life without having to lift a finger
|
""Shaq is rich. The white man who signs his cheque...is wealthy."
Chris Rock" hahaha, great quote. whats that from? |
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. |
Quote:
The last stand-up special he had on HBO I think. |
over 10 mill in liq
|
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. |
Quote:
|
Quote:
Middle class according to salary.com is between $30k- 50k. Interesting salary info here: http://swz.salary.com/salarywizard/l...narrow_20.html |
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. |
you are rich when u dont have to worry about paying the bills to live the lifestyle you are comfortable with.
|
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... |
Quote:
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. |
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.
|
Quote:
|
| All times are GMT -7. The time now is 04:40 PM. |
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2025, vBulletin Solutions, Inc.
©2000-, AI Media Network Inc123