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Any Millionaire's at DP?

Discussion in 'General Business' started by emil2k, Nov 12, 2005.

  1. Geir

    Geir Berserker

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    #61
    Vietnam :)
     
    Geir, Nov 17, 2005 IP
    JamieC likes this.
  2. Mister Tut

    Mister Tut Guest

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    #62
    One thing I think not everyone is on the same page about is the definition of "Millionaire". Some tend to think a Mil in the bank is what it takes, but I was always taught that you need to clear a mil in annual personal income to earn that title.
     
    Mister Tut, Nov 17, 2005 IP
  3. emil2k

    emil2k Well-Known Member

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    #63
    This is a funny thread...completely off topic...but funny :D
     
    emil2k, Nov 17, 2005 IP
  4. Stin

    Stin Guest

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    #64
    More Off Topic Madness:
    I got sack lunch once I think. Thats it for my HS criminal record. I guess I'll never have much success at this webmaster stuff. :)

    But as to people quittin HS.. Id really suggest you finish it. Its not that hard to get out. Minimal effort and youve got the degree, but without it you have zero insurance for getting a real job. Even if you would shoot yourself for workin a 9 to 5.. you might think differently when you are homeless.

    Someone said they got some detention for "refusing to pass out papers". Well.. why refuse? Just play along. Do the minimal effort, there will still be plenty of time to work on your website when you get home instead of sitting there in detention. Peace
     
    Stin, Nov 17, 2005 IP
  5. emil2k

    emil2k Well-Known Member

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    #65
    Hey I never said i would drop out...

    As for the paper thing, it wasn't quite as you put it...you had to be there it was complete BS

    Anywayz I know what you are saying and Im not looking to quit HS, I will be going to college also...as you say minimal effort can get you throught it, the tough part is the time ;)
     
    emil2k, Nov 17, 2005 IP
  6. kneukm03

    kneukm03 Active Member

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    #66
    Well, the time thing will get much better in college than in high school. No one makes you go to any of your classes, and depending on your school you can usually get A's with very little effort if you get in the right classes. My tip: go find a frat guy or two to talk to about what to schedule. They are always on top of exactly what the easy A's are because of word of mouth (some of the ones where I went had giant file cabinets with old exams from teachers who repeated their tests every year).
     
    kneukm03, Nov 17, 2005 IP
  7. emil2k

    emil2k Well-Known Member

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    #67
    Nice tips :D ...
     
    emil2k, Nov 17, 2005 IP
  8. Mia

    Mia R.I.P. STEVE JOBS

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    #68
    It's all realtive. That is why I said "on paper". Assets, yes. Do I have a cool mil in the bank? No.

    I'm just an average guy trying to make his way.
     
    Mia, Nov 17, 2005 IP
  9. tangsem

    tangsem Peon

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    #69
    Would like to tell if you're asking less questions :)
     
    tangsem, Nov 17, 2005 IP
  10. stephenmunday

    stephenmunday Peon

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    #70
    I'm a Yen millioniare.

    Whoopy-doo, hey?
     
    stephenmunday, Nov 17, 2005 IP
  11. RectangleMan

    RectangleMan Notable Member

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    #71
    I was easily worth more than a million but had a couple bad deals starting with 9/11. I guess I am working my way back up. By far my biggest failure was a game magazine (actual print) that I spent well over $250k on in 2 years.
     
    RectangleMan, Nov 17, 2005 IP
  12. Delvin

    Delvin Peon

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    #72
    Huh only first two page are intersted. emil2k if u want to really know then play the "CashFlow" games. My first Roolmadel is Robert T. Kiyosaki and 2nd Shawn. :D
    They are similar in one habit that they think whats aer those idea where people really attract and they invest in ur product.
     
    Delvin, Nov 17, 2005 IP
  13. Mister Tut

    Mister Tut Guest

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    #73
    Mia, I was unclear in what I said. When I said "in the bank" I meant that metaphorically, so "in assets" would include what I was attempting to say.

    The big distinction was "you have ammased a wealth totaling $1,000,000.00 (or more)" or "you earn $1,000,000.00 (or more) yearly.

    Having a net worth of a Mil is awesome, and I would certainly be glad to be there, but I was always taught that a Millionaire is one who earns seven or more figures a year.
     
    Mister Tut, Nov 18, 2005 IP
  14. DomainMagnate

    DomainMagnate Illustrious Member

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    #74
    I've read all the thread two times, great thread really, nothing useful, but funny :)

    It seems like I'm the only one in this forum who actually finished school with excellence and got accepted to one of the world's top technical universities. Not that it will spoil my chances to become a millionaire - we will all be there at some time ;)
     
    DomainMagnate, Nov 18, 2005 IP
  15. Mia

    Mia R.I.P. STEVE JOBS

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    #75
    Understood. That is why I think there is a distinction between, wealth (assents) and "rich" (shit loads of cash). It is not hard to amass assets. The hard part is keeping them, and paying for them :) I pay $15k/yr in taxes on one of my pieces of commercial property. That HURTS..... Believe me! I've got a $2800/mo. electric bill!

    Again, it's all relative. The more you have, the more it costs. So to earn 1 million/year is not really much different than earning $10,000/yr to me. The costs involved in each income level rises exponentially. It's all the same to me. In order to classify as a millionare to me? You need to have like 40 mil minimum in the bank and relatively no liabilities. :)
     
    Mia, Nov 18, 2005 IP
  16. Mister Tut

    Mister Tut Guest

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    #76
    Ouch!!

    Still, most investment income is incremental, high taxes just make it (how to put this charitably)... moreso.:(

    BTW, one popular definition of "rich" has always been "anyone with more money than me".
     
    Mister Tut, Nov 18, 2005 IP
  17. Mia

    Mia R.I.P. STEVE JOBS

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    #77
    I define it as:

    1. Home (not a house)
    2. Wife
    3. My son
    4. My Dog
    5. My Ferrets
    6. My V-Rod
    7. My MGB
    8. My Olds (recently back from the body shop after storm damage)
    9. Two refrigerators, one for food, one for beer
    10. Direct TV

    In all seriousness, my family is what makes me RICH! The toys are nice, and so is money. But you can't take it with you. Live fast, play hard. Life is short! Enjoy it. That's all you need to be rich.
     
    Mia, Nov 18, 2005 IP
  18. WorldImpulse

    WorldImpulse Well-Known Member

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    #78
    Love the comment :) ...
     
    WorldImpulse, Nov 18, 2005 IP
  19. connoisseur

    connoisseur Peon

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    #79
    On the contrary, I think it's a great thread. It's interesting to see what people value.
     
    connoisseur, Nov 26, 2005 IP
  20. wrkalot

    wrkalot Well-Known Member

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    #80
    Well, I graduated but it wasn't for a lack of trying. Smoking a lot of pot before school makes it hard to stay awake in your first class. The teacher wasn't amused, they made threats, so I started smoking after my first class :D

    That was over 20 years ago and I'm doing quite well for myself today (not that I recommend my smoldery path). I'm sorry, what was this thread about?
     
    wrkalot, Nov 26, 2005 IP