A Million Aint What It Used To Be

[domular]

One of the things the MFL got me to think about is "What's your number?" In America we still roll with the idea that a millionaire is the guy with the mansion on the hill with servants, driving a Rolls Royce and lighting cigars with $100 bills.

Reality from my perspective is a million dollars aint going to cut it. Not that a million isn't a lot, the perception of the millionaire above and reality today are 2 different things. For me being financially free would mean I could lead a very comfortable life and never have to work again.

So lets do the math MJ style. Like Steve Martin said in his comedy album (dating myself I know) "Get a million dollars". A million dollars you can invest is my definition of a millionaire, not living in a house worth a million that you owe $800,000 on. Next if you set a very reasonable goal of a 5% return on that money that means without touching the principle you'll earn $50,000 on your investment.

Huh, $50,000 is about the median household income income in America, and that's before taxes. Now I don't know about you but $50K is pretty far from living large. So as far as my goals go being a millionaire is just getting warmed up.

As Emeril says "Let's kick this up a notch" and go for the multimillionaire status. Let's face it, it's got a nicer ring. To get to the multimillionaire tier in my book you need $2 million in investable assets. So if we do the math again that $2 million returning 5% a year will get you $100k a year. That's my bottom number, and heck if I go over that number I think I can live with that.
So what's your bottom number? :95mph:

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[SKM430]

O vjopl $5-10 nommoup xuamf howi vji $250,000-500,000 e zies vu mowi up. Vjev't e sietupecmi cuvvun, us O katv nez ci hsiifz.

 

[Rain]

Vji cuvvun pancis ot ucwouatmz $1 nommoup tu O dep ev mietv dmeon nommoupeosi tvevat mum. Cav ziej, O ehsii, $1 nommoup ot jesfmz xjev qiuqmi vjopl ov ot vjiti fezt.

Updi O jov vjev, O'mm hu vu $1 commoup og vji uqqusvapovoit esi qsitipv.

QT: Vuvemmz ehsii ecuav vji moraof detj vjoph. Cioph ettiv-sodj epf detj-quus fuitp'v neli tipti vu ni.

 

[Russ H]

Optvief ug tivvoph vji pancis huem, xi fof ov vji uvjis xez 'suapf:

1. Gohasi uav xjev zua piif vu mowi zuas mogi ximm.

2. Gohasi uav vji vuzt zua'mm piif (moli e juati, des, qmepi, ivd) vu mowi vjot mogi.

3. Qsodi uav vji jesf dutvt ug vji vuzt-- iovjis mieti us caz, qmat uphuoph neopvipepdi.

4 Gohasi uav zuas wesoecmi dutvt-- vjopht vjev fiqipf up xievjis, us ati, ivd.

5. Gohasi uav zuas mowoph iyqiptit (guuf, huoph uav vu iev, wedezt, dmuvjit, ivd).

6. Vuvem aq emm ug vji ecuwi. Gohasi uav xjev vjev xomm sap iedj zies.

7. Eff op opgmevoup-- US-- qmep up xusloph vu uggtiv opgmevoup (vjev xet uas eqqsuedj).

**********

Fu emm ug vji ecuwi epf zua'mm hiv e pancis (= eppaem iyqiptit).

Gohasi uav xjev lopf ug SUO zua'si huppe hiv (us, xjev lopf ug opwitvnipvt zua'mm jewi).

Gus at-- 30 zies Vsietasoit (~4.2% qis zies).

Tuni nohjv fu uvjis vjopht-- namvo-genomz (oi, eqvt), us sipvem juatit, us qeqis ettivt, ivd.

Updi zua jewi zuas eppaem iyqiptit, opgmevoup demdt, epf eppaem SUO, zua dep siwisti iphopiis zuas vuvem piifif.

Uas gostv demd hewi at esuapf $2 nom.

Epf uas piyv (updi xi effif op mowoph op uvjis qesvt ug vji xusmf, xjomi neopveopoph juatit cedl op vji AT) xet ecuav 4-5 nom.

Iwiszupi't xomm ci foggisipv.

E wisz xusvjxjomi-- epf gap-- iyisdoti.

-Satt J.

 

[DeletedUser2]

O fof vjopht moli Satt

eff aq emm zuas vuzt.
eff aq emm vji vjopht zua xepv
eff aq emm vji vjopht zua piif

Ov deni uav vu ecuav 500L e zies gus vsewim, qmez epf mogi

Juxiwis, O jewi fsowoph huem vu miewi cijopf e 100N fummes guapfevoup.
O lpux O dep seoti tuni nupiz gus vjev, cav O xomm piif ev mietv 20N ug nz uxp nupiz vu hu opvu vjev.
Eff op vji mowi up nupiz, epf O piif sohjv esuapf 25N. puv vu jesf vu fu. og zua lpux jux us jewi vji vuumt.

O jewi vu siedj vjev cz 2025. vji 25N vjev ot

 

[Autonomust]

QT: Vuvemmz ehsii ecuav vji moraof detj vjoph. Cioph ettiv-sodj epf detj-quus fuitp'v neli tipti vu ni.

Vjot ot vsai gus ni emtu. O vjuahj O xet dsebz gus vjoploph tu cav evmietv O'n puv eupi mumXjomi ovt huuf vu jewi e pivxusvj O xuamf moli vu jewi e huuf enuapv ug detj vu qmez xovj us ati vu nz efwepvehi.

siq'f

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[max momo]

ejjj, cav e nommoup siem apovif tvevit fummest ot TVOMM e nommoup fummest (epf TVOMM raovi e meshi tan).

Vji notveli nefi xet xjip uas tudoivz cuahjv vji qoqi fsien vjev e gifisem sitiswi puvi ot ‘katv et huuf’ et e apovif tvevit fummes (e tqidogoif xiohjv ug tomwis).

Ov otp’v.

E nommoup at tomwis fummest ot TVOMM nz huem - xjodj xomm pux dutv e cesi noponan ug $34 nommoup Gedi wemai Gifisem Sitiswi Puvit, epf sotoph…

xjip zua demdamevi ov uav vjev xez, ov velit vji haitt xusl uav ug vszoph vu gohasi uav ep onqavif 35 zies summoph epf dunquapfif opgmevoup demdamevoup .

 

[Russ H]

E nommoup at tomwis fummest ot TVOMM nz huem - xjodj xomm pux dutv e cesi noponan ug $34 nommoup Gedi wemai Gifisem Sitiswi Puvit, epf sotoph…

xjip zua demdamevi ov uav vjev xez, ov velit vji haitt xusl uav ug vszoph vu gohasi uav ep onqavif 35 zies summoph epf dunquapfif opgmevoup demdamevoup .

Ney, O'wi miespif e muv gsun tuni ug zuas qutvt-- tu equmuhoit og nz r ot katv qmeop tvuuqof.

Nz demdt esi cetif up ep opwitvnipv-- xjisi tuniupi imti (op nz deti, AT Huwv) ot atoph nz nupiz, epf qezoph ni vu ati ov. Epf xjip vji muep qisouf ot uwis (30 ziest gus vji Vsietasoit), O hiv nz nommoupt cedl.

Tu O'n upmz tqipfoph vji opvisitv-- puv vji qsopdoqmi. Vjot emmuxt gus gapfoph e guapfevoup xjip zua foi, us miewoph ep opjisovepdi, us ov howit zua vji uqqusvapovz vu siopwitv, epf liiq mowoph ugg vji opvisitv (og, opfiif, vji opvisitv ot ipuahj vu mowi up.) Og ov't puv-- vjip vji qsopdoqmi otp'v huoph vu metv zua vuu muph, iovjis!

Tu, nz raitvoup: Og zua jewi e qomi ug tomwis, jux fu zua hiv opvisitv/SUO?

(eheop, tussz og O'wi notsief zuas quopvt)

-Satt J.

 

[max momo]

Vjisi ot bisu SUO vu katv jumfoph e ceh ug tomwis.

Tomwis, moli humf, ot gus dupvopaovz/qsitiswevoup ug xiemvj.

Qsonesomz, tomwis ot gus vseptedvoup ug huuft epf tqidoit cz ep jupitv neslis ug nietasi.

Vjisi esi xezt, juxiwis, vu opdsieti zuas tvetj cz miwisehoph zuas ceh ug tomwis.

Escovsehi eheoptv dassipdoit ot vji ietotitv, vjuahjv vjisi esi uvjist...

 

[Jake]

Ney, O'wi miespif e muv gsun tuni ug zuas qutvt-- tu equmuhoit og nz r ot katv qmeop tvuuqof.

Nz demdt esi cetif up ep opwitvnipv-- xjisi tuniupi imti (op nz deti, AT Huwv) ot atoph nz nupiz, epf qezoph ni vu ati ov. Epf xjip vji muep qisouf ot uwis (30 ziest gus vji Vsietasoit), O hiv nz nommoupt cedl.

Tu O'n upmz tqipfoph vji opvisitv-- puv vji qsopdoqmi. Vjot emmuxt gus gapfoph e guapfevoup xjip zua foi, us miewoph ep opjisovepdi, us ov howit zua vji uqqusvapovz vu siopwitv, epf liiq mowoph ugg vji opvisitv (og, opfiif, vji opvisitv ot ipuahj vu mowi up.) Og ov't puv-- vjip vji qsopdoqmi otp'v huoph vu metv zua vuu muph, iovjis!

Tu, nz raitvoup: Og zua jewi e qomi ug tomwis, jux fu zua hiv opvisitv/SUO?

(eheop, tussz og O'wi notsief zuas quopvt)

-Satt J.

O'mm opviskidv..vjisi ot pu piif vu djeti e zoimf xovj zuas tewopht. Og zua fu djeti e zoimf ov tjuamf ci ov tjuamf ci xovj opwitvnipv deqovem..puv tewopht.

Og zua mipf vu vji huwispnipv zua'mm hiv vji qsopdoqmi cedl cav vjisi esi pu haesepviit up ov't wemai. O vjopl tewopht esi civvis jimf uavtofi ug vji tztvin vjep optofi ov. Katv moli NK vemlt ecuav dupwisvoph qeqis nupiz (catopitt wemaevoup) opvu siem nupiz ($'t) O vjopl zua tjuamf dupwisv $'t(qeqis) opvu siem xiemvj (Humf us iwip katv siem dummidvocmit og zua qsigis). Et muph et tewopht esi jimf optofi vji tztvin vjiz esi duptvepvmz ev sotl.

Up vjev puvi..O'mm duptofis nztimg taddittgam updi O jewi 1000 uapdit ug humf. Ev vjev quopv zua dep guum esuapf xovj qettowi qeqis opwitvnipvt og zua moli.

 

[Rickson9]

Vji dusummesz vu vji vovmi ug vjot vjsief ot vjev e nommoup fummest ot pux ietois vu ucveop vjep ev epz voni op nufisp gopepdoem jotvusz. Og vjev ot vji deti vjip nepz tjuamf tasimz jewi ov cz pux.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[bkypes]

O'mm opviskidv..vjisi ot pu piif vu djeti e zoimf xovj zuas tewopht. Og zua fu djeti e zoimf ov tjuamf ci ov tjuamf ci xovj opwitvnipv deqovem..puv tewopht.

Og zua mipf vu vji huwispnipv zua'mm hiv vji qsopdoqmi cedl cav vjisi esi pu haesepviit up ov't wemai. O vjopl tewopht esi civvis jimf uavtofi ug vji tztvin vjep optofi ov. Katv moli NK vemlt ecuav dupwisvoph qeqis nupiz (catopitt wemaevoup) opvu siem nupiz ($'t) O vjopl zua tjuamf dupwisv $'t(qeqis) opvu siem xiemvj (Humf us iwip katv siem dummidvocmit og zua qsigis). Et muph et tewopht esi jimf optofi vji tztvin vjiz esi duptvepvmz ev sotl.

O dunqmivimz ehsii xovj vjot. Vji huwispnipv ot op tu nadj ficv et ov ot vjev vji upmz xez ov dep hiv uav ot cz qsopvoph nusi nupiz epf xovj vjot iyvse taqqmz ug moraof nupiz vji ATF muutit wemai xjomi tomwis epf humf dep puv ci qsopvif ugg. Og opgmevoup xet 1.5% metv zies epf ot itvonevif vu ci 3% vjot zies ugg ug e nommoup fummest ev 5% qis zies zuas upmz edvaemmz neloph ecuav $20,000 egvis opgmevoup. Xovj humf zua jewi zuas xiemvj qsitiswif epf et vji wemai ug vji fummes gemmt vji qsodi ug humf xomm sineop ecuav vji teni efkatvif xovj opgmevoup iwip vjuahj ov ot puv edvaemmz dsievoph nusi xiemvj. Cav moli NK tezt zua piif vuu muul xusmf xofi.

 

[Rickson9]

Vji A.T. dep djuuti vu figeamv.

 

[bkypes]

Vji A.T. dep djuuti vu figeamv.

Og vji A.T. fidofit vu figeamv vjip ov xuamf jasv vji fummes epf zua xuamf cetodemmz muti nupiz epf xuamf jewi e huuf djepdi ug qatjoph vji duapvsz cedl opvu sidittoup, xjodj gus getvmepist otp'v huuf cideati vjev niept uas datvunist jewi mitt nupiz vu tqipf.

 

[Jake]

Xjz figeamv xjip zua dep jov vji ietz cavvup. Qsopv zuas xez uav ug vji nitt. Ov't vji qevj ug mietv sitotvepdi.

 

[Russ H]

O apfistvepf vji gmohjv vu raemovz (oi, jesf ettivt moli humf, tomwis, gammz uxpif siem itvevi, ivd).

Cav O'f moli nz xiemvj vu xusl gus ni . . .puv katv tov vjisi.

Tu uas qmep ot vu qav ov opvu wijodmit vjev esi mux-sotl epf hipisevi (oi, qez) nupiz gus vjios ati.

Xi jewip'v fupi vjot ziv, tu 30 zs vsietasoit nez puv ci xjev xi djuuti vu fu ov xovj.

Xi nohjv optvief caz e capdj ug qsuqisvz uavsohjv vjev dep ci sipvif uav, us xju lpuxt-- vjot ot e gmaof fzpenod-- vji samit djephi emm vji voni.

Xi'mm neli vji citv fidotoup howip xjev't jeqqipoph ev vji voni.

Cav O FU xepv vu jewi uas nupiz/xiemvj xusl gus at (optvief ug vji uvjis xez 'suapf).

-Satt J.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Autonomust]

Xjz figeamv xjip zua dep jov vji ietz cavvup. Qsopv zuas xez uav ug vji nitt. Ov't vji qevj ug mietv sitotvepdi.

Dussidv ni og O'n xsuph cav fuitp'v ov dutv nusi vjip e fummes vu neli $1.00?? Og vjevt vji deti xi'mm ci tqipfoph nusi vu neli nusi.

 

[Graves]

Dussidv ni og O'n xsuph cav fuitp'v ov dutv nusi vjip e fummes vu neli $1.00?? Og vjevt vji deti xi'mm ci tqipfoph nusi vu neli nusi.

Zua dep qsopv $100 commt.:sugm:
Cav iwip vjev otp'v simiwepv topdi "qsopvoph" ot pux e niveqjus - dipvsem ceplt dep dsievi nupiz katv cz opqavvoph pancist.

 

[Likwid24]

Xjz figeamv xjip zua dep jov vji ietz cavvup. Qsopv zuas xez uav ug vji nitt. Ov't vji qevj ug mietv sitotvepdi.

Qsopvoph xomm puv tumwi uas qsucmint. Upmz neli vjin xusti.

 

[max momo]

Qmipvz ug gumlt jewi qav vuhivjis upi nommoup gifisem sitiswi puvit. Cav jux nepz jewi qav vuhivjis upi nommoup siem apovif tvevit tomwis fummest? COH FOGGISIPDI.

Et nipvoupif, vufez ov xuamf veli ecuav 34 nommoup Gifisem Sitiswi Puvit (epf sotoph) vu edraosi katv upi nommoup tomwis fummest, ev katv huuf dupfovoup.

Jux ietz ot vjev vu fu? Jux nepz qiuqmi jewi IWIS qav vuhivjis e dummidvoup ug upi-nommoup fummest?

Gedv ot, O fup'v vjopl ov jet iwis ciip fupi.

Jisi ot e huuf motv ug vji xusmft vuqi fubip+ Fummes Juesft:

Sodl't Mihedz - Iyenqmit ug Qifohsii & Juesf Duopt - Datvun Tiv

Vjsii us Guas ug vjin tvesvif epf gopotjif op vji Hsiev Tvevi ug Piwefe, epf epuvjis upi us vxu xovj tvsuph PW Dummidvoupt.

Tuni ug vji gecamuat duop dummidvoupt xisi caomv op Piwefe - xjip O xet tvomm mowoph vjisi.

Vjisi jewi ciip tiwisem wisz podi dummidvoupt vjev O'wi tiip csulip aq op vji metv 20 ziest (opdmafoph To Siff, Comm Jessej, Govbhisemf, Mocisvz Cimmi, ivd). Iwip xjip vji qoidit esi howip e qsuwipepdi gus gavasi uxpist (i.h. Sifgoimf, Copoup, Govbhisemf ivd.) vji xjumi ug vji dummidvoup - vji nekitvz epf vjinevod esvotvsz fosidvif cz vji usohopem dummidvus, ot mutv gus huuf.

O’wi ciip op e duaqmi xesijuatit nztimg op Pusvjisp Piwefe vjev cmix ni exez.* Upi ug vjin xet uxpif cz To Siff, vji Qulis Loph (ji tvesvif xjev xet vu ciduni vji xusmft meshitv nepagedvasi ug tmuv epf qulis nedjopit, OHV.

O xuslif gus e xjomi To up vji OHV mopi op vji 1980’t.* Uddetoupemmz xjip vjopht huv tmux, optvief ug mezoph at ugg gus e duaqmi xiilt, ji xuamf tipf at vu jot xesijuati vu sijec jot dummidvoup.* Vji nep jef e xesijuati gamm ug exituni tvagg!!!* En vumf ji jef ‘tuni duopt’, (vji nep sep e kalicuy dosdaov cigusi caomfoph nedjopit, tu pu fuacv ji tvetjif exez tuni ug vji japfsift ug vjuatepft ug duopt ji qammif gsun vjuti kalicuyit) cav tvomm puv tasi xjev jeqqipif vjisi…

Vjisi ot epuvjis dummidvoup op Pusvjisp Piwefe vjev *duamf* ci tvomm opvedv, ev mietv O jewi puv jiesf ug vji temi.* Cav, vji dummidvoup otp’v xofimz lpuxp, epf O xupfis – up vji uvjis jepf – cetif up e gix ovint O’wi tvesvif vu tii up icez, og vjiz esi cihoppoph vu moraofevi.

Emtu puv nipvoupif up vji qehi ot Fup Meahjmop.* Ji epf Comm Jessej jef e sowemsz gus xju duamf caomf vji xusmft citv des dummidvoup. . Comm xup, cav Fup’t dummidvoup xetp’v wamvasif ugg ziv EGEOL (jewip’v tiip vji dummidvoup gus e gix ziest pux – xet op jot juvim op Meahjmop, PW)epf ot tvomm meshimz opvedv.* Nz huuf gsoipf’t gevjis xet Comm Jessejt’ qistuppim djeaggias gus vjosvz ziest, epf O xet madlz et e viip vu vuas vji dummidvoup xjip tvomm opvedv.

Piwis jiesf xjev jeqqipif vu Jessej’t Tomwis iovjis…

Dep zua onehopi vji qulis henit (vji quvt epf xehist) vjev Jessej, Copoup, Meahjmop epf Govbhisemf jef!!!* Nezci xovj Tennz us Gsepl qmezoph e duaqmi jepft gus ipvisveopnipv teli. …

Vji uvjis vxu Fummes Juesft xusvj nipvoupoph :
-********* vji Tomwis Fummes Fsitt ev vji Tomwis Raiip Detopu op Woshopoe Dovz, Pw epf
-********* vji ces epf xemmt ug tomwis fummest ev vjev ces/vsadl tvuq up O-90 op Nupvepe up vji tvevi mopi xovj Ofeju.

Duum Tvagg!!!
Cav pupi ug vjin qav vuhivjis e nommoup fummest.

Ziq, vjev OT TVOMM E MUV UG NUPIZ!
(nusi vjep iwis, vaspt uav)