Is there a definition of wealth? | FerrariChat

Is there a definition of wealth?

Discussion in 'United Kingdom' started by 512Tea Are, Dec 9, 2007.

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  1. 512Tea Are

    512Tea Are F1 Rookie

    Apr 22, 2004
    2,742
    Dear Comrades,

    So what is wealth and how is it defined by the members of this illustrious Forum?

    With kind regards,

    512 Tea Are
     
  2. Hud

    Hud F1 Veteran
    Lifetime Rossa

    Jan 26, 2005
    6,416
    UK
    Full Name:
    Rob
    children are a poor mans riches. Are you wealthy RB?

    your thread answered on other..
     
  3. thepinkumbrella

    thepinkumbrella F1 Veteran

    Feb 26, 2006
    6,047
    United Kingdom
    Being comfortable and content with what you are and what you have
     
  4. Hud

    Hud F1 Veteran
    Lifetime Rossa

    Jan 26, 2005
    6,416
    UK
    Full Name:
    Rob
    As a second answer can i state that wealth is also when you have plenty ££££££'s :)
     
  5. Tarek K.

    Tarek K. F1 World Champ

    Sep 7, 2006
    10,784
    Cairo - Egypt
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    Tarek K.
    I would combine all the above in one reply.
     
  6. Hud

    Hud F1 Veteran
    Lifetime Rossa

    Jan 26, 2005
    6,416
    UK
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    Rob
    Come on then........... :D
     
  7. Hazy

    Hazy F1 Rookie
    BANNED

    Mar 12, 2005
    4,047
    England
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    Adam
    I have a wealth of experience in my field....does that count ;)
     
  8. Tarek K.

    Tarek K. F1 World Champ

    Sep 7, 2006
    10,784
    Cairo - Egypt
    Full Name:
    Tarek K.
    Wealth=kids, comfort, happiness and security
     
  9. DriveAfterDark

    DriveAfterDark F1 Veteran

    Jan 1, 2007
    9,148
    Norway
    When you stop thinking "I have to make it"...?
     
  10. Hazy

    Hazy F1 Rookie
    BANNED

    Mar 12, 2005
    4,047
    England
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    Adam
    Thats nice.































    A few million in my bank would help too :D:D:D
     
  11. francisn

    francisn Formula 3

    Apr 18, 2004
    1,942
    Berks, UK
    Full Name:
    francis newman
    :)
     
  12. Tarek K.

    Tarek K. F1 World Champ

    Sep 7, 2006
    10,784
    Cairo - Egypt
    Full Name:
    Tarek K.

    That's the "security".
     
  13. BANANA

    BANANA Formula Junior

    Apr 21, 2007
    349
    When you don't have to ask ''how much?''
     
  14. TDI-PLC

    TDI-PLC Formula Junior

    Oct 7, 2007
    276
    Essex, UK
    Full Name:
    Mark Catchpole
    I don't think you get in the Sunday Times top 1000 with less than £30m.
     
  15. 512Tea Are

    512Tea Are F1 Rookie

    Apr 22, 2004
    2,742
    Dear Comrade TDI-PLC,

    I believe that it has jumped from thirty million to sixty million. Is this the figure that wealth starts do you think? Or is it much less, or very much more?

    With kind regards,

    512 Tea Are
     
  16. TDI-PLC

    TDI-PLC Formula Junior

    Oct 7, 2007
    276
    Essex, UK
    Full Name:
    Mark Catchpole
    Is that right? WOW! - thank you for sharing.

    I think that wealth is a relative concept. Being born into poverty myself, every £5 is a prized possession :). A friend of mine is the son of an Oligarch who earns $100k per day in interest, plus the income from his companies.

    I would say that regardless of the individual personal circumstances, if someone can live confortably on the interest from the interest on their capital (interest on interest), then they are truely sufficiently wealthy.
     
  17. 900ssDuke

    900ssDuke Karting

    Sep 12, 2007
    214
    UK
    What is wealth, is probably best described as having more than can be spent. If your needs are simple, you can be wealthy on far less cash than the extravagent.

    "A succesful husband is one who earns more than his wife can spend. A successful wife is one who can find such a husband.

    Think I should venture out into the street and hunt for my wifes xmas pressie, or blow some more time on fchat, its warmer in here.
     
  18. Radders

    Radders Formula Junior

    Jul 19, 2005
    421
    UK
    Full Name:
    Mark
    "if health was a thing that money could buy, the rich would live and the poor would die"

    my great uncle Albert used to say that every time we saw him.

    health is the greatest asset any one of us can have.
     
  19. Paintshield

    Paintshield Formula Junior

    Dec 23, 2004
    372
    Grantham UK
    Full Name:
    Tom Wakeford

    The thing is that we move much closer to THAT reality every day, great Quote BTW


    Cheers


    Tom
     
  20. 900ssDuke

    900ssDuke Karting

    Sep 12, 2007
    214
    UK
    +1

    Your Great Uncle Albert was dead right.
     
  21. 360trev

    360trev F1 Rookie
    Project Master

    Oct 29, 2005
    4,252
    Gibraltar
    Full Name:
    360trev
    Wealth is an absolutely relative concept..

    All of this kind of reminds me of the film with Eddie Murphy, "Coming to America'. When the guy is telling Eddie (playing a poor guy but actually a Prince with untold wealth) that with hard work he could be a manager in a fast food restuarant and wouldn't that be something... Eddies smile says it all. :)
     
  22. francisn

    francisn Formula 3

    Apr 18, 2004
    1,942
    Berks, UK
    Full Name:
    francis newman
    That's a good film.
     
  23. GuyIncognito

    GuyIncognito Nine Time F1 World Champ
    Silver Subscribed

    Jun 30, 2007
    91,912
    The richest man in the world is the one who stops counting.
     
  24. LadyLush

    LadyLush Rookie

    Nov 30, 2006
    40
    He could also be just plain lazy or innumerate though ;)
     

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