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TopicWill you make $1 million in a one-hour period in your lifetime?
red_sox_777
06/18/23 11:49:18 AM
#1:


Will you make $1 million in an one-hour period in your lifetime?


I realize that this question isn't super clear, so here are some guidepost examples:

  1. You have a stock portfolio of $10 million, and one morning from 9:30 a.m. to 10:30 a.m. the market value of your stocks goes up 10%. This counts as you making $1 million in an hour, even if you don't sell any stock.
  2. You buy a house for $1 million and sell it after 20 years for $10 million. This does not count unless there was some event in the intervening time that made the value go up by $1 million in a single hour.
  3. You win Survivor and its $1 million prize. This counts as you making $1 million in the hour during which the final votes are counted and you win.
  4. You receive an inheritance of $5 million. This does not count because inheritances and gifts are not income.
Will you make $1 million in an hour in your lifetime? Vote away!

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