When are you a Millionaire?

Galaxy · 07-22-2005, 08:21 PM

Listening to the radio tonight on my way home, they were talking about that Millionaire who killed his wife in Florida. Plus, it seems like everyone is a millionaire today (read a few weeks back that it was around 2.5 million out of 291 million people in the US are). What exactly is a millionaire? One that has the assets? Or a million to spend at will?

Plus, I've heard that a true millionaire in today's standards would be worth between $5-$10 milliob?

Cringer · 07-22-2005, 08:33 PM

If I had a million dollars, I wouldn't really call myself a millionaire. 3 million then yeah, got to have some pocket change IMO to be a true millionaire these days....

As far as how much should be cash or assets? Beats me, I would take either though...

Raiders Army · 07-22-2005, 08:37 PM

One of our old grads just donated $15 million to our school for a new indoor pool. I asked myself, how do you donate $15 million? I would guess that he's worth at least $150 million to give away that much. Maybe I should flash my ring and ask for a job...

Galaxy · 07-22-2005, 09:00 PM

Quote:

Originally Posted by Raiders Army

One of our old grads just donated $15 million to our school for a new indoor pool. I asked myself, how do you donate $15 million? I would guess that he's worth at least $150 million to give away that much. Maybe I should flash my ring and ask for a job...

$15 million for an indoor pool? Prolly worth atleast $150 million, but alot of the really-rich people donate extremely large sums when they cash in (stock, sell businesses or assets, ect).

judicial clerk · 07-23-2005, 08:35 PM

I think you need to have 1 million in cash and extremely liquid assets to be a millionaire.

Peregrine · 07-23-2005, 08:58 PM

Quote:

I think you need to have 1 million in cash and extremely liquid assets to be a millionaire

Do hundreds of cases of malt liquor in my basement count?

Maple Leafs · 07-23-2005, 09:08 PM

If I had a million dollars, we wouldn't have to eat Kraft dinner.

Galaxy · 07-23-2005, 09:28 PM

Quote:

Originally Posted by Maple Leafs

If I had a million dollars, we wouldn't have to eat Kraft dinner.

Snob.

Easy Mac · 07-23-2005, 09:30 PM

Quote:

Originally Posted by Maple Leafs

If I had a million dollars, we wouldn't have to eat Kraft dinner.

Are you kidding? Think of all the money I could invest if I ate Kraft every week for the first few years of being a millionaire. Lobster won't gain me money after I eat.

07-22-2005, 08:33 PM	#2
Cringer Grizzled Veteran Join Date: Oct 2000 Location: Edinburg,TX	If I had a million dollars, I wouldn't really call myself a millionaire. 3 million then yeah, got to have some pocket change IMO to be a true millionaire these days.... As far as how much should be cash or assets? Beats me, I would take either though... __________________ You Stole Fizzy Lifting drinks! You bumped into the ceiling which now has to be washed and steralized, so you get NOTHING! You lose!

07-23-2005, 09:08 PM	#7
Maple Leafs Coordinator Join Date: Jan 2002	If I had a million dollars, we wouldn't have to eat Kraft dinner. __________________ Down Goes Brown: Toronto Maple Leafs Humor and Analysis

07-22-2005, 08:37 PM	#3
Raiders Army Coordinator Join Date: Oct 2000 Location: The Black Hole	One of our old grads just donated $15 million to our school for a new indoor pool. I asked myself, how do you donate $15 million? I would guess that he's worth at least $150 million to give away that much. Maybe I should flash my ring and ask for a job...

07-23-2005, 08:35 PM	#5
judicial clerk College Benchwarmer Join Date: Feb 2001 Location: Portland, OR	I think you need to have 1 million in cash and extremely liquid assets to be a millionaire.

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