make soooo much money. I mean, what do you do for a living to drive a $100,000 car, and it isn't like there are only a few. Cruise down the intercoastal and their are 1000's of 5 million dollar homes. Please, I know people with money don't like to talk about money, but please enlighten just a little.
2007-02-09 13:16:29 · 2 answers · asked by dazemanus 2 in Business & Finance ➔ Personal Finance
May I suggest you read two books.
The Millionaire Next Door and The Millionaire mind.
There are two types of millionaires, income millionaires and asset millionaires.
The majority of millionaires are in the $1 million to $5 million range.
Most of the millionaires drive used cars. Most live in older homes in established neighborhoods that have values of $300,00 or less.
Income millionaires earn $1 million or more a year, but spend it all. When their gravy train falls or stops, they are no longer millionaires.
Must of what you are seeing are lawyers and doctors. Maybe a some Wall Street types. They have to have persona of wealth, so that shallow people as ourselves think they are worth what we pay them. LOL
Good Luck
2007-02-09 13:29:01 · answer #1 · answered by A_Kansan 4 · 2⤊ 0⤋
Mostly, they are up to their asses in debt.
2007-02-09 13:21:24 · answer #2 · answered by mad_mick001 5 · 1⤊ 0⤋