Millionaire

investment

Can someone help define the term millionaire in the current economic climate

Is a person with a million in assets considered a millionaire, or does that person need to have a million in cash to be considered a millionaire??

FreudianSlippers

Millionaire? lol how quaint.

D

Definitions of millionaire on the Web:

* a person whose material wealth is valued at more than a million dollars
wordnetweb.princeton.edu/perl/webwn

* A millionaire (originally and sometimes still millionnaire) is an individual whose net worth or wealth exceeds one million units of currency. It can also be a person who owns one million units of currency in a bank account or savings account. ...
en.wikipedia.org/wiki/Millionaire

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squod

investment wrote: »

Can someone help define the term milllionaire in the current economic climate

Is a person with a million in assets considered a millionaire, or does that person need to have a million in cash to be considered a millionaire??

Cash! Hah, gold or silver only. Those little bits of paper are for us poor wage slaves

stovelid

What kind of a bloody name in investment? Good Lord.

It makes me want to grow my hair immediately.

TanG411

To me, a person with a bank balance of at least €1,000,000.

If you can write a cheque for a million, and get it cashed in three days, then you're a millionaire.

investment

stovelid wrote: »

What kind of a bloody name in investment? Good Lord.

It makes me want to grow my hair immediately.

My name comes from my love of investing and making money.

the groutch

the million shouldnt include your house, otherwise half of D4 would be millionaires

AlmightyCushion

It's actually incredibly easy to become a millionaire in this day and age. Why I'm a millionaire myself.

http://www.xe.com/ucc/convert.cgi?Amount=50&From=EUR&To=VND

Fol20

Rosicky7 wrote: »

To me, a bank balance will have to have at least €1,000,000 to be considered a millionaire.

So what your saying is that if i owned every house on shrewsberry lane but didnt have a euro to my name,i wouldnt be a millionaire.. being a millionaire means that if you sold all your assets right now at current market values,you would have over a million

Badgermonkey

investment wrote: »

My name comes from my love of investing and making money.

Where the hell does my name come from then?

TanG411

Fol20 wrote: »

So what your saying is that if i owned every house on shrewsberry lane but didnt have a euro to my name,i wouldnt be a millionaire.. being a millionaire means that if you sold all your assets right now at current market values,you would have over a million

I know what Millionaire means, I just don't agree with it. It's why I said ''To me'' at the start of my post. It's my opinion.

thenutflush

I remember reading in 2007 that Ireland was home to over 30,000 millionaires. But by that stage I'm sure there were loads of people in possession of property portfolios worth over 1 million euro in total, even though their bank balances might have "only" been 200,000 or whatever.

Badgermonkey

AlmightyCushion wrote: »

It's actually incredibly easy to become a millionaire in this day and age. Why I'm a millionaire myself.

http://www.xe.com/ucc/convert.cgi?Amount=50&From=EUR&To=VND

And to experience the joys of some hefty dong in your pants.

AnonoBoy

Millionaire.

Some manner of rapper isn't he?

citizen_p

if ya cant role around on a bed of 200,000 €5 euro notes your not a millionaire...

investment

I've looked at the poll, and from what I can see I'm a millionaire, it's a pitty it's all tied up in Assets, but how cares the euro will come and go but i'll always have my assets

whooooooooo!!

jd007

investment wrote: »

Can someone help define the term millionaire in the current economic climate

Is a person with a million in assets considered a millionaire, or does that person need to have a million in cash to be considered a millionaire??

Did the prince of nigeria email you to?

Badgermonkey

investment wrote: »

I've looked at the poll, and from what I can see I'm a millionaire, it's a pitty it's all tied up in Assets, but how cares the euro will come and go but i'll always have my assets

whooooooooo!!

From this post on, you're gonna be quite unpopular

Think you've also misinterpreted your own polling

RichieC

Unusual for someone with money to brag about it online.

davetherave

Pffffttt a million, , sure thats only walking around money.


To me a millionaire is someone who could walk into their bank and walk out with with 1,000,000 in cash. Of course thry could well be a bank robber but they would still be a millionaire

PapaQuebec

A couple of months ago while my OH was here she mistakenly opened my bank statement instead of her own ( we have accts at the same branch of the same bank and they often arrive together).
She red-facedly handed me the statement with an apology, then switched on her laptop and began surfing, only to announce to me shortly afterwards that I'm a millionaire....


.... a ruble millionaire.

She's Russian!!

FreudianSlippers

Luis Fat Mimicry wrote: »

Unless you had a million punts or Euro equivalent you aren't a millionaire. A million euro is only worth about 787401.57 real moneys. Or $30 us dollars.

€1,000,000 = US$1,335,944.93

chucken1

investment wrote: »

I've looked at the poll, and from what I can see I'm a millionaire, it's a pitty it's all tied up in Assets, but how cares the euro will come and go but i'll always have my assets

whooooooooo!!

Fcek..I hate when that happens..All those assets just sitting there annoying you!!

But you're right..you'll always have them! (famous last words)