Current Events > What constitutes a millionaire?

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The Popo 01/29/21 5:23:54 PM #1:	Which is it? Having $1 million in just cash available Having $1 million in just investable assets available Having $1 million in investable assets minus liabilities Having $1 million in net worth - all possessions (like a house) minus liabilities (mortgage, student loans, etc) Other Which is it? - Results (49 votes) Having $1 million in just cash available 30.61% (15 votes) 15 Having $1 million in just investable assets available 12.24% (6 votes) 6 Having $1 million in investable assets minus liabilities 16.33% (8 votes) 8 Having $1 million in net worth - all possessions (like a house) minus liabilities (mortgage, student loans, etc) 36.73% (18 votes) 18 Other 4.08% (2 votes) 2 Just curious what people would think about this. What do you think someone would need to qualify as a millionaire? --- Live action Hungry Hungry Hippos though, now that was a sport. ~Aeon Azuran <cite>The Popo posted [p:950064091] in What const... [t:79267059]...</cite> <quote> Which is it? Having $1 million in just cash available Having $1 million in just investable assets available Having $1 million in investable assets minus liabilities Having $1 million in net worth - all possessions (like a house) minus liabilities (mortgage, student loans, etc) Other Vote View Results Which is it? - Results (49 votes) Having $1 million in just cash available 30.61% (15 votes) 15 Having $1 million in just investable assets available 12.24% (6 votes) 6 Having $1 million in investable assets minus liabilities 16.33% (8 votes) 8 Having $1 million in net worth - all possessions (like a house) minus liabilities (mortgage, student loans, etc) 36.73% (18 votes) 18 Other 4.08% (2 votes) 2 Show Voting Form Just curious what people would think about this. What do you think someone would need to qualify as a millionaire? </quote> ... Copied to Clipboard!
R1masher 01/29/21 5:25:18 PM #2:	Someone that has a million heirs --- R1R1R1R1R1R1 <cite>R1masher posted [p:950064137] in What const... [t:79267059]...</cite> <quote>Someone that has a million heirs </quote> ... Copied to Clipboard!
DarkChozoGhost 01/29/21 5:30:04 PM #3:	It has to be liquid, but that's the only requirement. Most millionaires are not always millionaires --- My sister's dog bit a hole in my Super Mario Land cartridge. It still works though - Skye Reynolds 3DS FC: 3239-5612-0115 <cite>DarkChozoGhost posted [p:950064271] in What const... [t:79267059]...</cite> <quote>It has to be liquid, but that's the only requirement. Most millionaires are not always millionaires </quote> ... Copied to Clipboard!
OpenlyGator 01/29/21 5:32:55 PM #4:	Typically you're not seen as a legit millionaire if all you have is about $1,000,000.00 in assets. That would make you more of a thousandaire... --- The funny thing about telling others to take the high road is how often it's hypocritical advice. http://tryimg.com/8/2017/06/28/IdSqD.png <cite>OpenlyGator posted [p:950064369] in What const... [t:79267059]...</cite> <quote>Typically you're not seen as a legit millionaire if all you have is about $1,000,000.00 in assets. That would make you more of a thousandaire... </quote> ... Copied to Clipboard!
EndOfDiscOne 01/29/21 5:42:12 PM #5:	DarkChozoGhost posted... It has to be liquid, but that's the only requirement. Why is that? If I have a $1 million of cash, and then I put some of it into real estate or another investment that I can't readily convert to cash, am I no longer a millionaire? --- I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna *COMBINED!* <cite>EndOfDiscOne posted [p:950064678] in What const... [t:79267059]...</cite> <quote>DarkChozoGhost posted... </cite> <quote>It has to be liquid, but that's the only requirement.</quote>Why is that? If I have a $1 million of cash, and then I put some of it into real estate or another investment that I can't readily convert to cash, am I no longer a millionaire? </quote> ... Copied to Clipboard!
Sheiky-Baby 01/29/21 5:48:22 PM #6:	Million in cash, in multiple duffle bags, and a loaded handgun on top. --- https://www.youtube.com/watch?v=_1GY93EWwwY <cite>Sheiky-Baby posted [p:950064873] in What const... [t:79267059]...</cite> <quote>Million in cash, in multiple duffle bags, and a loaded handgun on top. </quote> ... Copied to Clipboard!
DarkChozoGhost 01/29/21 7:05:46 PM #7:	EndOfDiscOne posted... Why is that? If I have a $1 million of cash, and then I put some of it into real estate or another investment that I can't readily convert to cash, am I no longer a millionaire? Correct. You need to be able to spend a million to be a millionaire --- My sister's dog bit a hole in my Super Mario Land cartridge. It still works though - Skye Reynolds 3DS FC: 3239-5612-0115 <cite>DarkChozoGhost posted [p:950067282] in What const... [t:79267059]...</cite> <quote>EndOfDiscOne posted... </cite> <quote>Why is that? If I have a $1 million of cash, and then I put some of it into real estate or another investment that I can't readily convert to cash, am I no longer a millionaire?</quote>Correct. You need to be able to spend a million to be a millionaire </quote> ... Copied to Clipboard!
BilalPowell 01/29/21 7:08:22 PM #8:	Net Worth. Nobody has a million in just cash unless they're a criminal. --- Former #1 Birmingham Iron Fan. RIP AAF <cite>BilalPowell posted [p:950067370] in What const... [t:79267059]...</cite> <quote>Net Worth. Nobody has a million in just cash unless they're a criminal. </quote> ... Copied to Clipboard!
Lairen 01/29/21 7:10:29 PM #9:	Dragonairs without dragons but with millies. --- When it rains, it pours. <cite>Lairen posted [p:950067442] in What const... [t:79267059]...</cite> <quote>Dragonairs without dragons but with millies. </quote> ... Copied to Clipboard!
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Current Events > What constitutes a millionaire? (+) Yeah! (+)

Current Events > What constitutes a millionaire?