Author: Tord Romstad
Date: 07:28:24 12/13/05
Go up one level in this thread
On December 12, 2005 at 23:48:30, Jay Urbanski 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". Really? Depends a lot on where you are living, I suppose. In my eyes, having $1,000,000 in the bank is not just being rich, but *copiously* rich. I don't think I've ever met anybody who had half that amount of money. Even $100,000 in the bank would qualify as "rich", in my opinion. Of course, I am living in what most Americans would describe as a socialist country, and we don't have a lot of really rich (nor really poor) people. Tord
This page took 0 seconds to execute
Last modified: Thu, 15 Apr 21 08:11:13 -0700
Current Computer Chess Club Forums at Talkchess. This site by Sean Mintz.