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Posted on 1/7/17 at 1:43 pm to volod
I had two uncles who made Millionaires in North Louisiana, they were small business owners and their wives also worked. Bought a shite load of land when it was cheap.
One claimed to have never cashed one of his wife's checks for 20 years, it all went in savings.
He drove an old beat up pickup and usually had cow crap on his pants legs/boots.
One claimed to have never cashed one of his wife's checks for 20 years, it all went in savings.
He drove an old beat up pickup and usually had cow crap on his pants legs/boots.
Posted on 1/7/17 at 1:45 pm to The Torch
The theme of this thread should be obvious: you don't get richer spending your money on shite 
Posted on 1/7/17 at 1:49 pm to volod
quote:
Is there any truth to this.
Yes.
I have a friend that fits this. If you saw the dude, you would want to give him change so he could buy some lunch. Always in t-shirts, jeans, and sneakers. Drives vehicles until the wheels fall off, and just really laid back.
What people don't know is he outright owns over 70 houses that he has owner financed to people, owns tons of land, storage units, etc and recently paid $1.8 million for an apartment complex he will flip for a hefty profit. He is also a published author on RE investing.
When he was building his personal house, we went to pay to order some vanities his wife wanted. They were like $6K each. The women at the design place scoffed at him at first when he told her he needed two. Her tune changed when she realized he was serious.
It cracks me up how people change when they realize how loaded the guy is.
Posted on 1/7/17 at 1:49 pm to BowlJackson
RPFE. Retired peon from Exxon. Neighbor growing up started working there during the depression when he was like 15. Retired in the 80's worth over a million. Built his own house changed his own oil. Mowed his own grass. Retired a supervisor at Exxon with a 5th grade education.
He was the very best exampleof uneducated doesn't have much to do with intelligence
He was the very best exampleof uneducated doesn't have much to do with intelligence
Posted on 1/7/17 at 1:59 pm to volod
A big time bank robbery lived in Grand Isle in a camp for years. We had a camp near his when he got popped.
Posted on 1/7/17 at 2:03 pm to jimbeam
quote:
uuuuuuhh you must be mistaken. My dad farms, worked all of last year and literally lost money. The insurance he has won't even put him at break even.
Farmers ain't "loaded" unless they have old family land and/or have oil
The Landry's are loaded from farming. As in Walk-on's Landry. His pops had money long before walk-ons
Posted on 1/7/17 at 2:03 pm to OhMy
quote:
There are tons of hidden millionaires.
My mother was a teacher.
She died in May with a net worth over a million dollars.
It shocked me.
Did she marry wealthy?
This post was edited on 1/7/17 at 2:06 pm
Posted on 1/7/17 at 2:05 pm to volod
Sam Walton was pretty good at it...
Dude was still driving an old Ford pickup before he died...
Dude was still driving an old Ford pickup before he died...
This post was edited on 1/7/17 at 2:08 pm
Posted on 1/7/17 at 2:10 pm to volod
Go away
Posted on 1/7/17 at 2:12 pm to volod
My father is one of thoes. You would never guess. Still lives in the same 1500 sq foot house he has been living in for 30 plus years. Finally remodeling it for the first time ever. Not even that, I didn't even know the extent to his finances until a few months ago. The only reason why I found out because he had to go on work business over seas ( his first time ever going over seas) and he needed us to know how to get in touch with his finacial advisor if something happened to him. He lives extremely simple.
Posted on 1/7/17 at 2:35 pm to volod
A million dollars isn't really all that. Not anymore. Don't get me wrong, it's a chunk of change. But with hard work, clean living, and smart investments and spending habits, even blue collar folks can be worth a mil.
Seems like it's mostly real estate, but there are so many that invent and patent things or own companies you wouldn't expect.
There are some in the music industry here as well.
Off the top of my head, the main ones would be the Anderson family (Booksamillion, TNT fireworks, Dalmatian Press, and so on). They have frick you, frick you, frick you money.
Mac Mcanally, wrote a lot of songs for Jimmy Buffet and won a lot of awards. Worth a few mil (googled him and it said 20mil).
Rick Hall of Fame Recording Studio is worth god knows what.
The Tiffin family, Tiffin Motorhomes.
Robbins, real estate, rental properties, and E.S. Robbins. I think that they hit it rich on the plastic mats you see under office chairs, other office products. And plastic food containers that they make at E.S. Robbins. They have screw you money. They're a good example of the people that invent and manufacture something you would never think of and turn it into a fortune.
There's also the Darby's who own a radio station, or did, and a shite ton of real estate, rental properties and other stuff....Garage doors maybe...? One of their daughters married a State Rep and I believe one is married to Richard Todd, who lives here too.
There's a guy that started as an electrician and opened his own shop and now he owns real estate, rental properties and has a massive fleet of trucks out working nearly commercial property that's being built in the area.
That's just the heavy hitters that everyone knows about. And I'm forgetting 10 for every one I listed.
I wouldn't even dare to guess how many people have a few mil in the bank that no one even thinks of. And if a place the size of The Shoals can have that many, no telling how many in larger cities.
Seems like it's mostly real estate, but there are so many that invent and patent things or own companies you wouldn't expect.
There are some in the music industry here as well.
Off the top of my head, the main ones would be the Anderson family (Booksamillion, TNT fireworks, Dalmatian Press, and so on). They have frick you, frick you, frick you money.
Mac Mcanally, wrote a lot of songs for Jimmy Buffet and won a lot of awards. Worth a few mil (googled him and it said 20mil).
Rick Hall of Fame Recording Studio is worth god knows what.
The Tiffin family, Tiffin Motorhomes.
Robbins, real estate, rental properties, and E.S. Robbins. I think that they hit it rich on the plastic mats you see under office chairs, other office products. And plastic food containers that they make at E.S. Robbins. They have screw you money. They're a good example of the people that invent and manufacture something you would never think of and turn it into a fortune.
There's also the Darby's who own a radio station, or did, and a shite ton of real estate, rental properties and other stuff....Garage doors maybe...? One of their daughters married a State Rep and I believe one is married to Richard Todd, who lives here too.
There's a guy that started as an electrician and opened his own shop and now he owns real estate, rental properties and has a massive fleet of trucks out working nearly commercial property that's being built in the area.
That's just the heavy hitters that everyone knows about. And I'm forgetting 10 for every one I listed.
I wouldn't even dare to guess how many people have a few mil in the bank that no one even thinks of. And if a place the size of The Shoals can have that many, no telling how many in larger cities.
This post was edited on 1/7/17 at 2:42 pm
Posted on 1/7/17 at 2:42 pm to Modern
quote:
Many plant workers can retire millionaires if they play their cards right with stocks, 401ks and pensions.
^^^^This^^^^^
I have an uncle that retired from Monsanto in Luling.
He was on the crew that built the original plant in the early '50s. After construction was done, he went to work for the plant. By the time he retired in the early '90s, his total retirement package (company stock, pension, 401k, etc) was worth about 1.5 million.
Posted on 1/7/17 at 2:42 pm to volod
(no message)
This post was edited on 10/19/21 at 11:12 pm
Posted on 1/7/17 at 2:43 pm to volod
If you can control the drug market making millions is easy in a small town
Posted on 1/7/17 at 2:44 pm to volod
The OT is exclusively millionaires so I can believe there are many more out there than you'd expect.
Posted on 1/7/17 at 2:46 pm to volod
This describes one side of my family. It started with a few small businesses and they gradually acquired a few thousand acres of farm land and lots of other real estate.
There are a lot of contractors with some money in small towns and rural areas, in addition to the lawyers, doctors, and farmers.
There are a lot of contractors with some money in small towns and rural areas, in addition to the lawyers, doctors, and farmers.
Posted on 1/7/17 at 2:49 pm to djangochained
She didn't marry wealthy. My dad was a bum actually. She took a second job to put me through Catholic High.
She scrimped and saved and spent wisely. Even up until her death at 66 she told me she didn't have money for this or that.
She scrimped and saved and spent wisely. Even up until her death at 66 she told me she didn't have money for this or that.
Posted on 1/7/17 at 2:56 pm to volod
Peoples who own land and that land was put to good use.
No one advertises which piece of earth they own.
No one advertises which piece of earth they own.
Posted on 1/7/17 at 2:59 pm to volod
Of the wealthy people in my home town: Doctors, a guy who owns a trucking company, some guys in the oil and gas business. Except for the doctors and one of the oil and gas guys, I don't think any of them have college degrees, they just worked their asses off and saved their money.
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