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In Reply to: I consider us comfortable but not rich. posted by srdavis2000 on May 7, 2021 at 10:22:19:
We are in the top 15% in our community. I selected the top 1% as being rich but somewhat objected to not being able to select the top 0.5% as being rich.It's kind of BS thinking the top 5% are rich. Or even the top 2%, and I even think the top 1% aren't really rich either.
This is not to say folks in the top 1%-25% can't build a nice nest egg but being gainfully employed and living frugal while saving isn't rich IMO. These kinds of people are fairly often wiped out by medical expenses or market fluctuations. Rich people in my opinion can afford to risk going without medical insurance and put a nephew or two thru college without the possibility of effecting their own wealth.
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Follow Ups
- Whether I am rich or not depends on how I define rich on the test - Goober58 05/7/2111:08:55 05/7/21 (22)
- RE: Whether I am rich or not depends on how I define rich on the test - Rod M 12:03:09 05/7/21 (11)
- RE: Whether I am rich or not depends on how I define rich on the test - Goober58 12:24:24 05/7/21 (10)
- RE: Whether I am rich or not depends on how I define rich on the test - Rod M 12:57:22 05/7/21 (8)
- I doubt many billionaires live modest lifestyles and keep their cash in a mattress. - Rick W 12:32:45 05/8/21 (0)
- That's the problem I have with tax the rich - Goober58 13:41:46 05/7/21 (6)
- You heard very very wrong. nt - tinear 18:24:27 05/7/21 (5)
- No I heard correctly - Goober58 19:55:50 05/7/21 (4)
- RE: No I heard correctly - rivervalley817 21:17:07 05/7/21 (3)
- I always think that maybe if I work REALLY heard. . . - Chris from Lafayette 10:45:13 05/9/21 (2)
- RE: I always think that maybe if I work REALLY heard. . . - fantja 23:41:51 05/9/21 (0)
- RE: I always think that maybe if I work REALLY heard. . . - rivervalley817 22:43:08 05/9/21 (0)
- Billionaires ? ... - reelsmith. 12:28:47 05/7/21 (0)
- RE: Whether I am rich or not depends on how I define rich on the test - srdavis2000 11:45:09 05/7/21 (9)
- Several years back I read somewhere that most millionaires drive the Ford Tauras - Goober58 12:38:23 05/7/21 (8)
- RE: Several years back I read somewhere that most millionaires drive the Ford Tauras - Rod M 14:40:52 05/7/21 (1)
- RE: Several years back I read somewhere that most millionaires drive the Ford Tauras - Inmate51 15:20:45 05/7/21 (0)
- RE: Several years back I read somewhere that most millionaires drive the Ford Tauras - srdavis2000 13:43:38 05/7/21 (5)
- RE: Several years back I read somewhere that most millionaires drive the Ford Tauras - Rod M 14:47:47 05/7/21 (1)
- RE: Several years back I read somewhere that most millionaires drive the Ford Tauras - srdavis2000 15:31:34 05/7/21 (0)
- RE: Several years back I read somewhere that most millionaires drive the Ford Tauras - Inmate51 13:57:42 05/7/21 (2)
- RE: Several years back I read somewhere that most millionaires drive the Ford Tauras - srdavis2000 14:19:27 05/7/21 (1)
- RE: Several years back I read somewhere that most millionaires drive the Ford Tauras - fantja 23:47:51 05/7/21 (0)