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Okay as the term is thrown around more frequently on this board lately than beads at Mardi Gras, what would your definition of a millionaire be?
To me, it's someone holding 1 million in liquid assets, or having the ability to write a check for 1 million. I don't agree with any of this earning it 10 years banter that's being thrown around, if you don't have it liquid, you're not a millionaire, everyone theoretically "should" earn 1 million + in their lifetime given inflation, etc
I never thought of it as being purely liquid, as most people take into account houses, cars, stocks etc when they're saying that some is "worth millions".
But I can see your point - it's certainly easier to identify someone as a millionaire when they could write a check for one million and have that much sitting in a spendable account.
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If you can literally write a check today for $1million, you may not have your monies properly invested. But if you claim to be a millionaire, you best be able to write a check for $1million within a few days without selling the house and cars!
Toolz, bring your $ to Vegas, I will let you know if you are a millionaire.
I tend to agree with Brad. I don't think it needs to be completely liquid, but should exclude your house and car. So, if you needed a million quick, you could get your hands on it without losing everything.
Originally posted by BradShaw@Nov 12 2003, 12:04 AM If you can literally write a check today for $1million, you may not have your monies properly invested. But if you claim to be a millionaire, you best be able to write a check for $1million within a few days without selling the house and cars!
Toolz, bring your $ to Vegas, I will let you know if you are a millionaire.
By that definition I am POOR!!!
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Originally posted by Toolz@Nov 11 2003, 08:57 PM Okay as the term is thrown around more frequently on this board lately than beads at Mardi Gras, what would your definition of a millionaire be?
To me, it's someone holding 1 million in liquid assets, or having the ability to write a check for 1 million. I don't agree with any of this earning it 10 years banter that's being thrown around, if you don't have it liquid, you're not a millionaire, everyone theoretically "should" earn 1 million + in their lifetime given inflation, etc
I think that about sums up exactly what I said and have had to say a few times now.
Originally posted by SweetT@Nov 11 2003, 09:36 PM I am not sure how to define millionaire....but it is my history that those that tell you they are....aren't.
Originally posted by BradShaw@Nov 12 2003, 12:15 AM And even with $1million liquid, thats nothing these days. I am 28, figure I will live atleast 60+ more years....1,2,3,4,5 million is nothing. I am poor like MikeAI!
I am poorer than both of you put together...and have the cars to prove it!
Where is pornoman when you need him?
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Originally posted by J'springer@Nov 12 2003, 12:52 AM When will you be passing the collection plate DJ?
After the sermon...
Today's topic - "When you call someone a liar because they quote your own words back to you, and you're too stupid to remember you lied in the first place, it's polite to apologize or be confirmed as the worm that you are."
"And behold, a pale horse. And his name that sat on it was DJ. And hell followed with him.."
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Originally posted by quiet@Nov 12 2003, 07:02 AM i've got well over a million USD cash sitting in the bank. please, someone tell me where to put it (beyond my other shitty investments)...
Hire a financial advisor. I am sure you have some rich friends, find someone that comes well recommended. There are 50 places your $ could be, rather than a checking account gaining less than 1% interest. I have a lot of my money in mutual funds. Up quite a bit this year, of course the entire market is up. Thankfully none of the funds I am in are involved in the big current SEC investigation.
I'm a millionair when it comes to the pesos.. I go down to mexico and buy all the chicklets that I want..
But Million US.. no sorry =(
The term millionaire does get thrown around alot, but still most of the people using the term have alot more money than most of the people around here... Haha..
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Originally posted by quiet@Nov 12 2003, 10:02 AM i've got well over a million USD cash sitting in the bank. please, someone tell me where to put it (beyond my other shitty investments)...
put them in staggered CD's and collect interest...
100% secure, provides INCOME regardless of buisness conditions and quite liquid..
everything is so high now that I am affraid to commit to anything else
A Kosher Millionaire
You have three lifelines to help you, as follows:
1. You may call your Rabbi for his opinion.
2. You may ask the congregation for their opinion.
3. You may consider your spouse's opinion...or not.
4. Bonus lifeline! Your Mother will give you her opinion, whether you ask for it or not.
Lets play: So you wouldn't mind being a Kosher Millionaire.
For $500
Q. Who is Israel's favorite Internet provider?
A. NetanYahoo.
For $1,000
Q. What is the name of a facial lotion made for Jewish women?
A. Oil of Oy Vey.
For $2,000
Q. What is the title of the new horror film for Jewish women?
A. Debbie Does Dishes.
For $4,000
Q. What is the technical term for a divorced Jewish Woman?
A.The "Plaintiff."
For $8,000
Q. How does a Jewish kid verbally abuse his playmates?
A."Your Mother pays retail."
For $16,000
Q. In the Jewish doctrine, when does the fetus become human?
A. When it graduates from medical school.
For $32,000
Q. What does a Jewish women do to keep her hands soft and her nails long and beautiful?
A. Nothing, she does nothing at all.
For $64,000
Q. Define "Genius".
A. A "C" student with a Jewish mother.
For $125,000
Q. What do you call a bloodthirsty Jew on a rampage?
A. Genghis Cohen.
For $250,000
Q. Why did the Moyel retire?
A. He just couldn't cut it anymore.
For $500,000
Q. If Tarzan and Jane where Jewish, what would Cheetah be.
A. A fur coat.
For $1,000,000
Q. What is the difference between a Jewish Grandmother and an Italian Grandmother?
A. 10 lbs.
You need to start doing your IRAs - $8,000 tax deductible this year
You can put another $2,000 in a Roth.
I would recommend Alliance-Bernstein - just make sure you have a good investment counselor. I am sure there are many other good ones. I also have some Franklin. Bonds can also be a steady investment.
These things are a must - you will be glad you did!!
The best investment I have ever seen is Real Estate. Buying the right property, in the right place, at the right time - But sometimes it is not quickly liquid. But, with the new lline of credit loans at 4% - you can alwys get money pretty quickly, until you can liquidate.
Originally posted by LadyLaw@Nov 12 2003, 08:55 AM I couldn't resist posting this:
A Kosher Millionaire
You have three lifelines to help you, as follows:
1. You may call your Rabbi for his opinion.
2. You may ask the congregation for their opinion.
3. You may consider your spouse's opinion...or not.
4. Bonus lifeline! Your Mother will give you her opinion, whether you ask for it or not.
Lets play: So you wouldn't mind being a Kosher Millionaire.
For $500
Q. Who is Israel's favorite Internet provider?
A. NetanYahoo.
For $1,000
Q. What is the name of a facial lotion made for Jewish women?
A. Oil of Oy Vey.
For $2,000
Q. What is the title of the new horror film for Jewish women?
A. Debbie Does Dishes.
For $4,000
Q. What is the technical term for a divorced Jewish Woman?
A.The "Plaintiff."
For $8,000
Q. How does a Jewish kid verbally abuse his playmates?
A."Your Mother pays retail."
For $16,000
Q. In the Jewish doctrine, when does the fetus become human?
A. When it graduates from medical school.
For $32,000
Q. What does a Jewish women do to keep her hands soft and her nails long and beautiful?
A. Nothing, she does nothing at all.
For $64,000
Q. Define "Genius".
A. A "C" student with a Jewish mother.
For $125,000
Q. What do you call a bloodthirsty Jew on a rampage?
A. Genghis Cohen.
For $250,000
Q. Why did the Moyel retire?
A. He just couldn't cut it anymore.
For $500,000
Q. If Tarzan and Jane where Jewish, what would Cheetah be.
A. A fur coat.
For $1,000,000
Q. What is the difference between a Jewish Grandmother and an Italian Grandmother?
A. 10 lbs.
What's the difference between an Italian wife and a Jewish wife?
An Italian wife tells her husband to buy Viagara
A Jewish wife tells her husband to buy Pfizer.
Originally posted by LadyLaw@Nov 12 2003, 11:55 AM I couldn't resist posting this:
A Kosher Millionaire
You have three lifelines to help you, as follows:
1. You may call your Rabbi for his opinion.
2. You may ask the congregation for their opinion.
3. You may consider your spouse's opinion...or not.
4. Bonus lifeline! Your Mother will give you her opinion, whether you ask for it or not.
Lets play: So you wouldn't mind being a Kosher Millionaire.
For $500
Q. Who is Israel's favorite Internet provider?
A. NetanYahoo.
For $1,000
Q. What is the name of a facial lotion made for Jewish women?
A. Oil of Oy Vey.
For $2,000
Q. What is the title of the new horror film for Jewish women?
A. Debbie Does Dishes.
For $4,000
Q. What is the technical term for a divorced Jewish Woman?
A.The "Plaintiff."
For $8,000
Q. How does a Jewish kid verbally abuse his playmates?
A."Your Mother pays retail."
For $16,000
Q. In the Jewish doctrine, when does the fetus become human?
A. When it graduates from medical school.
For $32,000
Q. What does a Jewish women do to keep her hands soft and her nails long and beautiful?
A. Nothing, she does nothing at all.
For $64,000
Q. Define "Genius".
A. A "C" student with a Jewish mother.
For $125,000
Q. What do you call a bloodthirsty Jew on a rampage?
A. Genghis Cohen.
For $250,000
Q. Why did the Moyel retire?
A. He just couldn't cut it anymore.
For $500,000
Q. If Tarzan and Jane where Jewish, what would Cheetah be.
A. A fur coat.
For $1,000,000
Q. What is the difference between a Jewish Grandmother and an Italian Grandmother?
A. 10 lbs.
I am sending this to Granny!!
Good to see you on the board again!!
__________________
Make big money on your Domains! Why wait 40 days to get paid with the other guys? Parked.com pays the most for your traffic, and cuts checks twice a month!
Originally posted by Shok@Nov 12 2003, 04:02 PM Chris, scan them and email them to me.
hehehe did DJ ever see the certain pic?
Not the one where you pissed in his beer, but the other one.
I have the mpeg where he pissed in my beer.....lucky for me, I don't drink beer....I gave that one to Zimm....
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Do you have money sitting in the bank making nothing? I will give you 15% annual returns GUARANTEED by contract. Your money is returned within 90-120 days. 100k minimum investment - All slots currently filled - check back later
Originally posted by DaveAFX@Nov 12 2003, 09:12 AM Carrie, thanks.
Going to Connecticut after GA. Everything is gone there too.
Oh well then you'll get to see some pretty foliage along the way, unless you're flying. If you're going up 95 and 81 though you'll get sick of seeing it... that's one hell of a lonnnnnnng drive
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Need a kick-ass design done quickly?
I recommend Sex Creator - they absolutely ROCK.
11-11-2003
and yeah sorry shouldn't have the million in a checking account that's insane but easily liquidated.
They weren't pretty this year anyway.
h34r:
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