Want to buy or sell something? Check the classifieds
  • The Fedora Lounge is supported in part by commission earning affiliate links sitewide. Please support us by using them. You may learn more here.

Who here is a millionaire?

Paul Roerich

"A List" Customer
Messages
435
Location
New York City
Who says millionaires like to spend tons of money indiscriminately. They like a deal just like everyone else. How do you think they got that much money? Certainly not by being spend thrifts. lol lol


Ah, but even the highest-selling vintage suits are a deal when compared to modern suits of equal quality.
 

PrettySquareGal

I'll Lock Up
Messages
4,003
Location
New England
But one way or another, they'll make you pay for those gifts.

That would make it a transaction and not a gift.

I think it's just so sad that some people can't appreciate the joy of giving. I think they should start now. PSG's Finishing School Specializing in Generosity. Yes, that's it. No tuition fees, just give me expensive gifts!
 

Stanley Doble

Call Me a Cab
Messages
2,808
Location
Cobourg
A million isn't what it used to be. Let me prove it.

If you take a million dollars to the bank and ask to invest it do you know what you get? About 2 1/2 % on a GIC or CD.

Do you know what 2 1/2% of a million dollars is? $25,000 a year.

When you see someone who makes $500 a week do you say "that person has a millionaire's income"? Because that is what it is.

PS I have a million dollar net worth and it's a struggle to get by, no kidding.
 

1961MJS

My Mail is Forwarded Here
Messages
3,370
Location
Norman Oklahoma
A million isn't what it used to be. Let me prove it.

If you take a million dollars to the bank and ask to invest it do you know what you get? About 2 1/2 % on a GIC or CD.

Do you know what 2 1/2% of a million dollars is? $25,000 a year.

When you see someone who makes $500 a week do you say "that person has a millionaire's income"? Because that is what it is.

PS I have a million dollar net worth and it's a struggle to get by, no kidding.

Hi

Actually, my Mom will pretty much kill for 2.5%. I'm refinancing my house for 2.75%. Our CD's are at 0.75%. That's 7500 a year or 625 a month.

Don't pay to be rich anymore.

later
 

Noirblack

One of the Regulars
Messages
199
Location
Toronto
If I was in Zimbabwe I would definitely qualify as a "billionaire." :p

zimbabwe-currency-4.jpg


ZW$362,000 = US$1.00

You might not be a billionaire, but you are on your way:

$100,000,000,000,000/$362,000= $276,243,093.92
 

dr greg

One Too Many
Millionaires and their spending: I was talking to a bloke who ran a bottle shop in a VERY flash area north of here, and asked him how much Grange he sold (a very expensive Australian wine)....none he said, the bigger the car the cheaper the wine, basically the people in S-class Benzes took home the cheapest wine they could find in the remainder bin for their own consumption...in a restaurant they'd pay many times over the odds for a bottle so other people could see them drinking it, but guzzle rotgut at home where no-one can see, me; I'm the reverse I'll order the cheapest on the list knowing the house has a 500% markup, and drink the good stuff at home...that's why i'm not a millionaire...
 
Last edited:

filfoster

One Too Many
It is a trite curiosity often seen in my world (trust banking), that many who live large lack the means and many who live modestly, are quite well off. Some of that owes to the peculiar demographics of our city.
The one shared characteristic is that they recognize that it is seldom in their best interest to admit their true means.
 

Stanley Doble

Call Me a Cab
Messages
2,808
Location
Cobourg
Millionaires and their spending: I was talking to a bloke who ran a bottle shop in a VERY flash area north of here, and asked him how much Grange he sold (a very expensive Australian wine)....none he said, the bigger the car the cheaper the wine, basically the people in S-class Benzes took home the cheapest wine they could find in the remainder bin for their own consumption...in a restaurant they'd pay many times over the odds for a bottle so other people could see them drinking it, but guzzle rotgut at home where no-one can see, me; I'm the reverse I'll order the cheapest on the list knowing the house has a 500% markup, and drink the good stuff at home...that's why i'm not a millionaire...

Maybe it's because what they buy in the shop comes out of their pockets but what they buy in a restaurant goes on the firm's expense account.
 
Millionaires and their spending: I was talking to a bloke who ran a bottle shop in a VERY flash area north of here, and asked him how much Grange he sold (a very expensive Australian wine)....none he said, the bigger the car the cheaper the wine, basically the people in S-class Benzes took home the cheapest wine they could find in the remainder bin for their own consumption...in a restaurant they'd pay many times over the odds for a bottle so other people could see them drinking it, but guzzle rotgut at home where no-one can see, me; I'm the reverse I'll order the cheapest on the list knowing the house has a 500% markup, and drink the good stuff at home...that's why i'm not a millionaire...

That buys into the conspicuous consumtion thing I have noticed as well. The rich many want their friends to see them living high on the hog but in private they are cheapskates. Who cares what you eat or drink at home---they say. I have know several of them that had tons of money and spent it thus. Cars and other items that you can see were paraded around while they ate like misers and lived like paupers inside fashionable addresses. It was hilarious. lol lol
 
Messages
1,184
Location
NJ/phila
A Million dollars is not what it use to be.

It is more important to have the ability to earn a Million dollars then to have a million dollars. That being said, No I am not a millionare
however my Grandchildren are millionaires.

Best regards
CCJ
 

Maj.Nick Danger

I'll Lock Up
Messages
4,469
Location
Behind the 8 ball,..
That buys into the conspicuous consumtion thing I have noticed as well. The rich many want their friends to see them living high on the hog but in private they are cheapskates. Who cares what you eat or drink at home---they say. I have know several of them that had tons of money and spent it thus. Cars and other items that you can see were paraded around while they ate like misers and lived like paupers inside fashionable addresses. It was hilarious. lol lol
I would take the opposite tack. Play it down in public and indulge at home. Parading around in expensive clothes and Rolex watches and driving to upscale department stores in a new Mercedes draws too much attention. May as well wear a big sign that says, "ROB ME."
 

Forum statistics

Threads
109,096
Messages
3,074,060
Members
54,091
Latest member
toptvsspala
Top