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View Full Version : Money So, I am a millionaire. What do I have to show for it?


TinyEvel
07-16-2009, 01:15 AM
Do you get that Social Security "Lifetime Earnings Summary" thing in the mail?
Basically, it shows your SS earnings for your lifetime and estimates what you'd get back if you retired in XXXX year, etc.

Well, I got out the calculator and, God Bless me, I've earned a million U.S. dollars in my lifetime.

Now, you'd think I would be sitting in the back of a Rolls Royce limo with a tophat and tails and suhweet mustache like that Monopoly game guy, right? Because the seven figures is your ticket to riches and bathing in mother's milk with rose petals.

NO!

I have....
a VW Camper van (needs new front end)
About 20 percent of a decent home.
10,000 in Evel Knievel collectibles
An iPhone
Some decent threads and my wife has about 10 feet of closet stuff
Timex Ironman watch
Converse shoes
A Dolce and Gabana Belt
A really big TV and a PS3
A decent road bike
...

...

uh, some other stuff......

WTF? right?


I feel lliek the cobbler who has no shoes.


case in point...
SAVE YOUR MONEY

it is WAY better than watching your kid open the fifth Wii game on holiday morning. One friggen Wii game is enough!

rant over

Ari Chi3fs
07-16-2009, 01:31 AM
Right... I think the trick is to make that 1 million in one year. That is my goal. Not this 1 million every 15 years crap. heh.

Valiant
07-16-2009, 01:42 AM
How long have you been working for Sony?? I am a third of that and I have not even started a career yet..

Kyle DeLexus
07-16-2009, 01:51 AM
Sounds like you need to be more ****ARDLY (rhymes with wiggardly)

–adjective
1. reluctant to give or spend; stingy; miserly.

Deberg_1990
07-16-2009, 02:00 AM
Save your money and dont buy a PS3!! :)

ChiefJustice
07-16-2009, 02:15 AM
Face it man,.....you wasted your money on the Evel Knievel collection.

The real money can be found in the Dane McCloud action figures and neighborhood play-sets.

Any sound investment manager would have told you the same thing.

Guru
07-16-2009, 02:18 AM
Do you get that Social Security "Lifetime Earnings Summary" thing in the mail?
Basically, it shows your SS earnings for your lifetime and estimates what you'd get back if you retired in XXXX year, etc.

Well, I got out the calculator and, God Bless me, I've earned a million U.S. dollars in my lifetime.

Now, you'd think I would be sitting in the back of a Rolls Royce limo with a tophat and tails and suhweet mustache like that Monopoly game guy, right? Because the seven figures is your ticket to riches and bathing in mother's milk with rose petals.

NO!

I have....
a VW Camper van (needs new front end)
About 20 percent of a decent home.
10,000 in Evel Knievel collectibles
An iPhone
Some decent threads and my wife has about 10 feet of closet stuff
Timex Ironman watch
Converse shoes
A Dolce and Gabana Belt
A really big TV and a PS3
A decent road bike
...

...

uh, some other stuff......

WTF? right?


I feel lliek the cobbler who has no shoes.


case in point...
SAVE YOUR MONEY

it is WAY better than watching your kid open the fifth Wii game on holiday morning. One friggen Wii game is enough!

rant over

Welcome to the ways of the Guru.

TinyEvel
07-16-2009, 02:26 AM
I don't even have a crystal plunger. :cuss:

Ari Chi3fs
07-16-2009, 02:37 AM
I don't even have a crystal plunger. :cuss:

well Joe's must have made at least 2 million.

J Diddy
07-16-2009, 03:04 AM
http://bmac20.files.wordpress.com/2008/04/stuartsmalley.jpg

Me and this dude thinks you make kick butt commercials.

joesomebody
07-16-2009, 05:33 AM
http://bmac20.files.wordpress.com/2008/04/stuartsmalley.jpg

Me and this dude thinks you make kick butt commercials.Isn't he a senator now. Senator smiley?

Bacon Cheeseburger
07-16-2009, 06:18 AM
The problem is you live where that million dollars is only worth 42 cents.

Simplex3
07-16-2009, 06:25 AM
Good. We're going to need a bunch more evil rich people to tax the fuck out of.

Braincase
07-16-2009, 07:25 AM
Which martial art do you study to get the Dolce & Gabana belt? I've heard of Brazilian Jiujitsu, maybe there' a Rodeo Drive Go Ji Ryu?

ChiTown
07-16-2009, 07:25 AM
I'm in my 40's.

Up until November of this past year, I was set to "retire" at age 50. I had done many of the right things, worked hard to build my business, worked my ass off and spent a lot of money on a recent project that just took off in June 08. Then, the world economy crashes, manufacturing stops, the markets all but collapse, and the investments into my business have about a grand total current value of zip.

Shit happens. Some of it we can control, some of it we have absolutely no control over. I just have to re-adjust my goals on "retirement", realize that I have to adapt to the changes, and keep doing the right things. I guess my comment to you TinyE is that if you don't plan and take control, you'll never get there. My plans have changed, and like you, I just need to be more aggressive as to how I'm going to get there.

Good luck.

PS - I know you are not alone, TinyE. Survey's say that the vast majority of American's don't save like they should be.

Rain Man
07-16-2009, 07:57 AM
Bleah. I'm depressed. My whole life, I've made responsible decisions only to get the chair kicked out from under me. The defense industry bust, the tech bubble, this latest econo-saster...I may as well have just spent it as fast as I made it. Some Wall Street mogul has a lot of my life savings, which he probably used to buy a $500,000 waste basket/desk blotter combo for his office.

ChiefGator
07-16-2009, 08:14 AM
Sounds like you need to be more ****ARDLY (rhymes with wiggardly)

RACIST!!






(someone had to do it)

Fish
07-16-2009, 09:04 AM
A wise man once said... "After a time, you may find that having is not so pleasing a thing, after all, as wanting. It is not logical, but it is often true."

ChiefGator
07-16-2009, 09:46 AM
A wise man once said... "After a time, you may find that having is not so pleasing a thing, after all, as wanting. It is not logical, but it is often true."

I often think of that quote actually... wise old pointy-ear guy.

88TG88
07-16-2009, 10:27 AM
How much you want for that D&G belt ?

I'll trade you a pair or slightly used Vittoria tires for it ?

Halfcan
07-16-2009, 11:06 AM
I have a bunch of steroid era baseball cards for sale.

That is My retirement.

Slainte
07-16-2009, 11:10 AM
A wise man once said... "After a time, you may find that having is not so pleasing a thing, after all, as wanting. It is not logical, but it is often true."

Duh. He was talking about pussy. Not money.

Anyone who thinks having cash is not as good as wanting cash, PM me your bank account info...I'll make all your destitution dreams come true...

Stewie
07-16-2009, 11:13 AM
$5 million is the new $1 million.

TinyEvel
07-16-2009, 11:31 AM
How much you want for that D&G belt ?

I'll trade you a pair or slightly used Vittoria tires for it ?

rofl. I bought that belt in 2004 and wear it almost every single day. In terms of value/usage I got a great deal. I spent 135 on some Diesel jeans like 8 years ago and they finally wore out a few months ago. I wore them probably twice a week.

Jenson71
07-16-2009, 11:36 AM
If you give me $10,000, you will be able to show people some Rep points from me.

ChiTown
07-16-2009, 11:46 AM
$5 million is the new $1 million.

That used to be the truth, but not with the way our economy is (and now projected to be) over the next decade.

DaneMcCloud
07-16-2009, 03:58 PM
That used to be the truth, but not with the way our economy is (and now projected to be) over the next decade.

So $1 million is the new $1 million?

TinyEvel
07-16-2009, 08:03 PM
So $1 million is the new $1 million?

I think that a sweet laptop and bikes are the new $1 million

Rain Man
07-16-2009, 09:32 PM
$5 million is the new $1 million.

It's the opposite in my IRA.

Bowser
07-16-2009, 09:38 PM
Pffft. Get back to us when you need a crane to put your 10 ton A/C unit on your roof.

:D

jidar
07-16-2009, 09:50 PM
All this is really doing is pointing out how $1million isn't really that much money.

Guru
07-16-2009, 09:51 PM
$5 million is the new $1 million.More like $20 million.

googlegoogle
07-16-2009, 10:52 PM
Where you're money went.

http://abcnews.go.com/Blotter/story?id=8084663&page=1

88TG88
07-16-2009, 11:03 PM
lol @ decent home

it's a friggin palace

Sure-Oz
07-16-2009, 11:35 PM
i'll take my chances making a mill in my lifetime

DaneMcCloud
07-17-2009, 12:21 AM
i'll take my chances making a mill in my lifetime

It's only $50k per year for 20 years. It's not like it's unattainable.

Guru
07-17-2009, 01:04 AM
It's only $50k per year for 20 years. It's not like it's unattainable.See, for me, being a millionaire means actually having a million in the bank. Not earning a million over my lifetime.:thumb:

DaneMcCloud
07-17-2009, 01:06 AM
See, for me, being a millionaire means actually having a million in the bank. Not earning a million over my lifetime.:thumb:

Being a "millionaire" to me means earning at least one million per year or more.

Having assets of one million dollars doesn't really mean much because if you cash those assets in, you have no assets.

Guru
07-17-2009, 01:08 AM
Being a "millionaire" to me means earning at least one million per year or more.

Having assets of one million dollars doesn't really mean much because if you cash those assets in, you have no assets.Well, in that case, I guess I will never be a millionaire.:shake::(

As long as we can comfortably support ourselves post retirement, including traveling, I will be very happy.

greg63
07-17-2009, 01:10 AM
Closest my family will be to millionaire status is if I die. Then the insurance only pays 100K.

Guru
07-17-2009, 01:11 AM
Closest my family will be to millionaire status is if I die. Then the insurance only pays 100K.I'm worth twice as much as you.:evil:

Rausch
07-17-2009, 01:11 AM
Well, in that case, I guess I will never be a millionaire.:shake::(

As long as we can comfortably support ourselves post retirement, including traveling, I will be very happy.

I must be getting old 'cause that's how I feel.

Doing $#it and going places I enjoy is now more important that buying/owning $3it...

greg63
07-17-2009, 01:13 AM
I'm worth twice as much as you.:evil:

Danged amazon.com insurance!

DaneMcCloud
07-17-2009, 01:14 AM
Well, in that case, I guess I will never be a millionaire.:shake::(

As long as we can comfortably support ourselves post retirement, including traveling, I will be very happy.

Nothing wrong with that.

And if you don't show up on my doorstep, suitcase in hand for an extended stay, I'll be pissed! :D

But that is the true definition of a millionaire: earning in excess of one million dollars per year.

Not many can pull that off.

Guru
07-17-2009, 01:25 AM
Nothing wrong with that.

And if you don't show up on my doorstep, suitcase in hand for an extended stay, I'll be pissed! :D

But that is the true definition of a millionaire: earning in excess of one million dollars per year.

Not many can pull that off.How's next June sound. Too soon? :evil:

Sure-Oz
07-17-2009, 08:32 AM
It's only $50k per year for 20 years. It's not like it's unattainable.

What guru said ;) id just like a mill in the bank hehe

Rain Man
07-17-2009, 05:36 PM
Being a "millionaire" to me means earning at least one million per year or more.

Having assets of one million dollars doesn't really mean much because if you cash those assets in, you have no assets.


Other than a million dollars in cash. That's an asset.

I always thought traditionally that being a millionaire means having a million dollars in assets, but you can't retire on a million dollars in assets unless you're more than 95 years old.