How much are you worth?

[learn&earn]

12k in account and a 1968 camaro.

 

[clacy]

58% over $250k and 31% over $1mm............

That's fucking comical

 

[4DTrader]

If I had over 5 million dollars, I wouldn't waste my Friday night time on ET.

Damn you liars!

 

[newguy05]

i have 100 million world of warcraft gold, does that count?

 

[loik]

Quote from HedgefunTrader2:

Well, now that I think about it, I myself have a pretty sweet ride. Some of you may have heard of it, its a Schwinn. Yeah, I may be a HUGE hedgefun manager but I ride a bike to work. It has some rainbow tassles of the handlebars to cheer me up on days like today

I`ve got a custom made Kish.

 

[PohPoh]

Amazing...32% are millionaires...
What a bunch of fucking BULLSHIT...

Reality is that 1/10th of 1% of the public are considered millionaires, I think...

..

 

[listed]

This is some fucked up shit. A few years ago, my friend got hired on at Citadel, they paid this fucker a million dollar sign on bonus. I about shit my pants when I saw this.

Note: He has 20 years experience in the industry with a very successful track record.

 

[loik]

Quote from PohPoh:

Amazing...32% are millionaires...
What a bunch of fucking BULLSHIT...

Reality is that 1/10th of 1% of the public are considered millionaires, I think...

..

Most people don`t trade/invest in the capital markets fulltime.

 

[Deadwood]

Quote from PohPoh:

Amazing...32% are millionaires...
What a bunch of fucking BULLSHIT...

Reality is that 1/10th of 1% of the public are considered millionaires, I think...

..

Im not arguing your basic point, but....

According to most published reports there are something like 9.5 million households in the US with a net worth of 1 mill or more or roughly 7% of all households.

Another report I saw recently basically stated that someone in the 40-49 age group needed 500K in Net Worth to be in the top 20% of that age bracket.

At 46 I figure I'll need at least 3 mil to retire. I'm not there yet but I don't think of 1 mil as a lot of wealth. I'm surprised so many here seem to.

 

[TraderZones]

Quote from Deadwood:


At 46 I figure I'll need at least 3 mil to retire. I'm not there yet but I don't think of 1 mil as a lot of wealth. I'm surprised so many here seem to.

Most of the people who put down their "wealth" on this poll are dreamers.

But you are correct in the need for that amount to retire well.