When are you a 'Millionaire'? | Page 3 | FerrariChat

When are you a 'Millionaire'?

Discussion in 'Other Off Topic Forum' started by PeterS, Jan 18, 2004.

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  1. RMV

    RMV F1 Veteran

    Apr 11, 2002
    7,371

    Let me guess, you're one of those 'gold-collar' kids, aren't ya??? :D
     
  2. CMY

    CMY F1 World Champ

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    I think you misunderstood, he meant the entire company. ;)

    C.
     
  3. RMV

    RMV F1 Veteran

    Apr 11, 2002
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    That would not be the first time I've missed the point!
     
  4. PeterS

    PeterS Four Time F1 World Champ
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    You are SO wrong! I bought Melodie her OWN scoop!
     
  5. ernie

    ernie Two Time F1 World Champ
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    I think it was Forbes magazine that said you are considered rich when your annual income is One Milleeeeon Dollar$ or more.
     
  6. ernie

    ernie Two Time F1 World Champ
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    As for being a millionaire. These days having a million bucks isn't squat. When you think that the avarage house in So Cali cost $500k, a million dollars doesn't look so big anymore.
     
  7. CMY

    CMY F1 World Champ

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    Or two.. but who's counting? ;)

    C.
     
  8. amenasce

    amenasce Three Time F1 World Champ
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    Joe Mansion
    Still a long way ...
     
  9. CMY

    CMY F1 World Champ

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    I've had the priviledge of intimately picking the brains of several self-made people worth over 100M (and not just on Sunday morning trips to their garages).. contrary to popular belief, they were all perfectly capable of flying under the radar and were just as happy tooling along in a 20 year-old Jeep as they were the latest luxury automobile.

    IMHO (and dollar figures aside) the true definition of a 'millionaire' is someone who no longer lets convention define his or her life. They won't complain about sub-par accommodations, only sub-par service. They aren't out to impress the neighbors, they are simply following their own interests. They drink Bud Light because that's what they like- the social shock value of Louis XIII is lost on them, thankfully.

    Humble but without limitations. My definition of a millionaire is two letters.. F & U.

    C.
     
  10. amenasce

    amenasce Three Time F1 World Champ
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    I always thought you were made when you didnt need a watch anymore.
     
  11. judge4re

    judge4re F1 World Champ

    Apr 26, 2003
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    Not so fast. Some of us have to be polite so that we can charge the maximum for our services.

    I like the F350 comment. My dad is still driving an eleven year old C1500 and I'm looking forward to buying it from him when he gets a newer one...
     
  12. SAFE4NOW

    SAFE4NOW F1 Veteran
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    Good point!

    S
     
  13. darth550

    darth550 Six Time F1 World Champ
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    Back up the Brinks truck....

    Pete's a Multimillionaire!!!!!!!!!
     
  14. PeterS

    PeterS Four Time F1 World Champ
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    That's why Melodie got her OWN scoop!
     
  15. darth550

    darth550 Six Time F1 World Champ
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    You will have your named published in next year's Baskin Robbins 400!
     
  16. SAFE4NOW

    SAFE4NOW F1 Veteran
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    Some of these post remind me of a letter I read a while back:

    An American businessman was at the pier of a small Belizean village when a small boat with just one fisherman docked. Inside the small boat were several large lobsters, and a slew of red and yellow snapper. The visitor complimented the Belizean on the quality of his catch and asked how long it took to bring it in.
    The Belizean replied only a little while. The American then asked why didn't he stay out longer and catch more fish and lobster?

    The Belizean fisherman said, "I get up early and watch the sun rise, then I fish a little, come home and relax, play with my children, have a big lunch and take a rest with my wife. In the evening I stroll into the village where I sip cashew wine and play music and sing with my friends. I have a full and busy life."

    The American scoffed, "I am a Harvard MBA and could help you. You should spend more time fishing and with the proceeds buy a bigger boat. With the proceeds from the bigger boat you could buy several boats, eventually you would have a fleet of fishing boats. Instead of selling your catch to a middleman you would sell directly to the processor, eventually opening your own cannery. You would control the product, processing and distribution. You would need to leave Belize and move to Mexico, then LA and eventually NYC where you will run your expanding enterprise."

    The Belizean asked, "But how much time will all of this all take?"

    To which the American replied, "15-20 years."

    "What then, Gringo?"

    The American laughed and said, "That's the best part. When the time is right you would announce an IPO and sell your company stock to the public and become very rich. You would make millions of dollars."

    "Millions? Then what?"

    The American said, "Then you would retire. Move back to a caye in Belize, where you would get up early and watch the sun rise, then fish a little, play with your grandkids, have a big lunch and take a rest with your wife. In the evenings you could stroll to the village where you could sip cashew wine and play music and sing with your friends."
     
  17. TimN88

    TimN88 F1 Veteran

    Jun 12, 2001
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    Awesome, Im a millionaire...and all thanks to my cell phone!
     
  18. Westworld

    Westworld Three Time F1 World Champ
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    According to this article,
    http://www.bloomberg.com/apps/news?...h7I8rk&refer=us, 2.5 million out of 291 million US cititzens are "millionaires". Does this mean they are "true" millionaires?

    I wonder if this rate will fall when the boomers hit the retirement line, and doesn't look like the younger generation is too smart with money? So a $5 million min. is the new "millionaire"?
     
  19. Westworld

    Westworld Three Time F1 World Champ
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    Louis XIII?
     
  20. darth550

    darth550 Six Time F1 World Champ
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    I forward emails to 14 people at a time and Mirosoft sends me $242.00 checks on a daily basis!
     
  21. SAFE4NOW

    SAFE4NOW F1 Veteran
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    ROFLMAO... I thought I was the only one who did that... lol.

    J/K

    Steve
     
  22. CMY

    CMY F1 World Champ

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  23. CMY

    CMY F1 World Champ

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    How can I get a slice of that pie? Is there a 'starter kit' I can purchase?!

    C.
     
  24. amenasce

    amenasce Three Time F1 World Champ
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    Joe Mansion

    Yeah even dumb people can become millionaire..
     
  25. UroTrash

    UroTrash Three Time F1 World Champ
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    Jan 20, 2004
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    Does a million Lira count?
     

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