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re: How wealthy are you?
Posted on 8/25/14 at 7:25 pm to Hawkeye95
Posted on 8/25/14 at 7:25 pm to Hawkeye95
quote:
seriously, that is pretty impressive. I can't even imagine saving enough money in my lifetime to get to this level
You can't. Wealth isn't built by saving, it's built by creativity (and/or luck).
I'm not trying to be a smart arse at all, but to get top 1-3% net worth, you can't have a 150k/yr job and save 10%. You've got to get out of the box.
1
Posted on 8/25/14 at 7:41 pm to Ole War Skule
quote:
You can't. Wealth isn't built by saving, it's built by creativity (and/or luck).
I'm not trying to be a smart arse at all, but to get top 1-3% net worth, you can't have a 150k/yr job and save 10%. You've got to get out of the box.
even then, to have level of savings you are probably needing to have $5m+, if not closer to $10M. i know ppl who sold their companies to fortune 500 that don't have $10M. I think its pretty much unachieveable without family money or starting a business that IPOs or sold to a very high bidder.
This post was edited on 8/25/14 at 7:42 pm
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