Author: Jay Urbanski
Date: 21:15:41 12/12/05
Go up one level in this thread
On December 13, 2005 at 00:03:18, Uri Blass wrote: >> >>$1,000,000 in the bank is not "rich" - at best it is comfortable. Assuming 10% >>return per year (an optimistic assumption), that's only $100,000 a year without >>touching the capital. Comfortable, mabye... but hardly "rich". > >It is dependent on the definition of rich and >I do not agree with your definition. > >Uri I agree, it's dependent on your of rich - and you certainly don't have to agree with my definition. However, I'd be surprised if you considered yourself rich if you had one million.
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