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Oct 8, 2024
10:06
:39
am
Q-grr
All-American
Yep, billionaires are the new millionaires.
Growing up a few million was a lot of denaro.
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Q-grr
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Q-grr
Joined
Dec 1, 2001
Last login
Oct 8, 2024
Total posts
22,281 (60 FO)
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Messages
Author
Time
POLL: What is a millionaire?
Ham
9:52am
Million in assets after liabilities
SBB
9:53am
In other words... net worth?
Ham
9:54am
Meh, sitting on a paid off $1M home with $5k in the bank and no retirement savings isn’t a millionaire in my book.
Joe Banks
9:58am
It’s not ideal but it is- technically they could sell and move and have that $
SBB
10:00am
By definition it is. But you're right in the sense they aren't liquid
Yes
10:01am
You should get a second opinion Joe
DiamondMo
10:02am
It is it may not mean they are rich of in a good position but that is not the
johnnybyu
10:29am
At 35 yrs old it feels pretty good though
DodgerCoug
10:31am
For some reason I thought you had to make at least a million a year to be a
CaliforniaCougar22
9:57am
A millionaire sure isn't what it used to be if it's just net worth
fulano
9:58am
Why? Most will never make 200 a year
SBB
10:03am
same
PabloSanchezz
10:07am
Just "net worth?" It doesn't matter how much money you make if you're broke.
Plantagenet
10:15am
Millionaires are a dime a dozen these days.
HighHorse
9:58am
According to the stats that’s not true.
SBB
10:02am
18% of American households are millionaires
Buffalo
11:13am
Yep, billionaires are the new millionaires.
Q-grr
10:06am
true but the data on 401k amounts is SHOCKING. Utah is one of the worst states
Mayor of Cougartown
10:45am
Can’t be both.
SBB
10:49am
I think that's because we have such a young population by comparison
Spine
11:29am
Hey, today I learned I'm a millionaire! Still living the middle-class life, tho
bleedsblue
9:59am
My definition- liquid assets outside of equity in a primary residence.
blackandblue
10:00am
Interesting.
Ham
10:07am
I like this one. Maybe add back in the purchase price?
AggieWeekendCougar
10:08am
RE: POLL: What is a millionaire?
acougfan
10:01am
This is a question for Matt Walsh.
gangbusters
10:05am
This might make for a good follow-up documentary, actually.
AggieWeekendCougar
10:12am
Doesn’t exactly respond to your question, but I’ve always liked these definitions: wealthy is somebody that
cheezedawg
10:07am
A decamillionaire
roseyscenario
10:21am
The definition is literally - Net worth of $1 million. People's opinions or
BYUFootballisBack
10:53am
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