Board 8 > Will you make $1 million in a one-hour period in your lifetime?

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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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masterplum
06/18/23 11:51:01 AM
#2:


What? No

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red_sox_777
06/18/23 11:51:34 AM
#3:


And obviously, this is measured in nominal dollars. No inflation adjustments.

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Cavedweller2000
06/18/23 12:45:32 PM
#4:


red_sox_777 posted...
And obviously, this is measured in nominal dollars. No inflation adjustments.
Oh, then no

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Xuxon
06/18/23 1:40:06 PM
#5:


Glad you gave the Survivor example, because I'm planning on doing that and wouldn't have thought of it that way. That's more than a month of work.

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Mewtwo59
06/18/23 1:43:10 PM
#6:


red_sox_777 posted...
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.

I don't think this counts, because I've been told that it's only 600 grand by the time Obama takes it.

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scarletspeed7
06/18/23 7:44:01 PM
#7:


If we kill someone in order to make our inheritance and get away with the crime, is that earned?

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Raka_Putra
06/18/23 9:09:46 PM
#8:


I have a better chance of making a cake in one hour.

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Uglyface2
06/18/23 10:02:35 PM
#9:


Raka_Putra posted...
I have a better chance of making a cake in one hour.

A cake would probably make you happier, anyway.
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armitage999
06/19/23 12:34:15 PM
#10:


I'd love to make a million in an hour but it would need insane luck. I don't even have normal luck.
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