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Reload this Page Do you think that there's ever been a millionaire on City Data?
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View Poll Results: Do you think that there's ever been a millionaire on City Data?
Yes, of course! 175 89.74%
Nope, they're busy making their money! 4 2.05%
Probably 11 5.64%
Probably not 5 2.56%
Voters: 195. You may not vote on this poll

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Old 01-14-2015, 08:01 AM
 
Location: CasaMo
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Quote:
Originally Posted by oldtrader View Post
A million dollars is not really that much money any more.
Everyone I know in real life that says that is broke.
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Old 01-14-2015, 01:49 PM
 
Location: East Coast of the United States
27,555 posts, read 28,636,675 times
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Quote:
Originally Posted by MoNative34 View Post
Everyone I know in real life that says that is broke.
Haha, pretty true. If someone has a $1 million net worth, then most likely they own a nice paid-off home and are well on their way to financial security - provided they know how to manage their finances.

Outside of the U.S. and other high COL countries, $1 million is a pretty big deal and you can easily live the rest of your life on it.
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Old 01-18-2015, 10:19 PM
 
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Quote:
Originally Posted by RecentGrad1 View Post
Interesting question. My guess is a billionaire would have visited the site (there's a lot of cool data), but most likely never posted on the forums.
A better one would be 10-millionaire (what is the proper term for this?)
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Old 01-18-2015, 10:36 PM
 
2,151 posts, read 1,354,672 times
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A millionaire? Sure. A 10-millionaire? Most likely - think of people near retirement who haven't tapped their savings yet.
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