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Here's my honest answer: I consider myself rich.
User account number (aid): 709 Site Supporter
Posted by altamont on 2012-03-03 09:25:22

In Reply to: If you have a butler and 10+ bedrooms and drive a Rolls-Royce. posted by altamont on 2012-03-03 09:20:38

90% of my net worth is in my house, which is not worth close to seven figures. I make around $50K, and have just about enough cash to cover my mortgage and bills this week.

So few of the people around me agree that I have stopped discussing the issue you raise with my family and friends. It makes my family, my partner, and almost all of my friends extremely pissed off that I think we're all rich. But whatever, lol

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Thread:

What do people here consider rich anyways? Net worth number including residence. - blue 2012-03-02 11:32:25 (110 views)

If you have a butler and 10+ bedrooms and drive a Rolls-Royce. - altamont 2012-03-03 09:20:38 (43 views)

Here's my honest answer: I consider myself rich. - altamont 2012-03-03 09:25:22 (57 views)

You are more likely to have a happy life I think. - Earl j. Slick 2012-03-04 13:29:32 (21 views)

good answer - shikantaza 2012-03-03 13:36:21 (22 views)

Rich means you have the option of not working - Shallow Hal 2012-03-02 15:22:58 (24 views)

When you see both sides on the subject of the tragic fall of the super rich to only very wealthy. - fanofnothing 2012-03-02 15:14:58 (28 views)

I don't really understand the term "rich" any more. - Earl j. Slick 2012-03-02 14:12:18 (29 views)

I think most people believe the term applies to anyone with more money than they do - buzz 2012-03-02 14:19:10 (33 views)

I'm so rich I am Ellis Acting tenants! Fuck yeah! - gribble the mispost master 2012-03-02 14:14:32 (32 views)

You're planning on moving into the building, or attempting to sell the units off as TICs? - Carla Beefcurtain (Warriors Superfan since 1984) 2012-03-02 14:19:15 (33 views)

We live in the building already - we are discontinuing rentals - gribble the mispost master 2012-03-02 14:29:18 (55 views)

Enough $ in the bank so you can live well on the interest, say $200k per year - nomad 2012-03-02 13:24:57 (57 views)

To me, there's only really two categories of wealthy: comfortable and fuck-you. - live 2012-03-02 12:59:52 (67 views)

Not to be confused with "fuck you money." - Earl j. Slick 2012-03-02 16:44:55 (43 views)

Whatever the top 10 percent or so is - buzz 2012-03-02 11:56:22 (71 views)

Outside of stats. The question is what you consider it to be wit your value systems/experiences - blue 2012-03-02 12:11:55 (62 views)

Enough to keep living the way I'm living now. - Earl j. Slick 2012-03-02 15:12:52 (44 views)

So, a nice house and property, 2-3 horses, a Bobcat, and 7 guitars. - BackseatGM 2012-03-02 19:53:41 (24 views)

Yeah, with a few vacations and clean air. - Earl j. Slick 2012-03-03 10:04:24 (30 views)

And of course I forgot the most important things. - Earl j. Slick 2012-03-04 13:31:07 (26 views)

I don't really ask people what their net worth is, and it depends largely on context - buzz 2012-03-02 14:07:27 (56 views)

Really? It's the first thing I ask about at cocktail parties. - Earl j. Slick 2012-03-02 15:16:23 (45 views)

Yep - Hoser 2012-03-02 15:06:07 (30 views)

In the US? So many people pump their money into things - shikantaza 2012-03-02 11:54:48 (60 views)

realized I made a basic math error in here... no worries, though - shikantaza 2012-03-02 15:56:40 (34 views)

I'd peg the line at 2.5-3 million for the above scenario - blue 2012-03-02 11:40:30 (72 views)

in the current ~ zero interest rate environment - Max 2012-03-02 12:01:28 (86 views)

Being able to do what you want when you want. - Earl j. Slick 2012-03-02 14:29:06 (47 views)

agree - Max 2012-03-02 15:13:31 (29 views)

I'm eschewing the normal 250k guidelines - blue 2012-03-02 12:06:08 (62 views)

I don't think one is really "rich" until you lose the fear of being poor - Max 2012-03-02 12:18:51 (65 views)

Laughable - gribble the mispost master 2012-03-02 14:31:44 (53 views)

true... but what is your net income in that case? - Max 2012-03-02 15:11:36 (44 views)

I see rich as not having to work for your income. - gribble the mispost master 2012-03-02 15:20:19 (36 views)

I can appreciate that perspective - Max 2012-03-02 15:34:59 (41 views)

Good posts, and agree. - nomad 2012-03-02 13:32:06 (42 views)

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