If you had 2 million in the bank, what would you do?

[GG2]

we can pretty well assume that about 2500 people have a net worth over 30 million.

Do you ever wake up feeling like you won the lottery?

 

[lenny2]

I asked, he said you were right about it being after tax $50,000. He also said you lost 2% to 3% of the value of money 'left in a bank' every year because inflation and taxes eroded the money. Seems you would have less that $400,000 left after 20 years, and nothing at all after 27. But that only an idiot leaves money in a bank.

There must be an awful lot of idiots out there. Where does he put his money - in a pillow
case on a boat?

Inflation, taxes, financial markets, the world - could all be significantly changed in 10-30 years.

Also $50,000 in 2012 has a lot more purchasing power than $50,000 in 2022, let alone 2032. You should index the money you withdraw over time.

Actually, with the tough economic times in Canada & elsewhere, you can now get a lot more bang
for your buck. From SP's & laptops, for example. And it's not only Canada & only going to get worse.
Your boy, here, is only regurgitating bank religious thought.

He also says that about $5 million is the minimum needed to live comfortably for the rest of your life (assuming you are in your 20s) unless you are working or collecting a pension.

It would be amusing to see how he details that.

$2 million can increase your standard of living, but you will need to work, collect a pension, or die soon if you want an average life style.

I need to learn about money because someday I will have be the one making investments. . Discussion is a useful tool.

Yes, it can be, as remarks from the clueless often bring out the facts from others.

 

[FatOne]

You should leave the advice about money to your husband. And I never accused you of being a gold digger.

Actually many have accused the fictional character Loki created as a gold digger. It seems to be one of the core traits of that particular fictional character.

 

[GG2]

Maybe you didn't get the memo- this person isn't real!:closed_2:

Interesting. Maybe mrsCALoki will prove that she is what she says she is.

Take a few pics of the 50 foot boat you're sailing in, with some sort of sign that says "see TERB, I'm real". With a digital cam, this will take you 2 minutes to accomplish.

 

[mrsCALoki]

Interesting. Maybe mrsCALoki will prove that she is what she says she is.

Take a few pics of the 50 foot boat you're sailing in, with some sort of sign that says "see TERB, I'm real". With a digital cam, this will take you 2 minutes to accomplish.

It is not 50 feet, and I have no intention of providing Terb as a group any information that would make it easy to track me . Send proof you exist. Post a picture of your house.

 

[mrsCALoki]

Do you ever wake up feeling like you won the lottery?

Of course I do, all the time. Or maybe the beauty pageant with the huge prizes.

 

[simon482]

It is not 50 feet, and I have no intention of providing Terb as a group any information that would make it easy to track me . Send proof you exist. Post a picture of your house.

no need. you can take a pic holding a piece of paper while on your boat. you can block out your face and any sort of name that might give you away. i will post a pic if you do.

 

[great bear]

I would much rather see photos of the old fart lugging his gold bars between his car and the BNS gold vault.

 

[GG2]

It is not 50 feet, and I have no intention of providing Terb as a group any information that would make it easy to track me . Send proof you exist. Post a picture of your house.

I'm not asking you to post a picture of your boat so that it's identifiable just as I won't post a picture of my home address, however I have on problems posting pics of sections of rooms within my home.

I'm re-doing the decor in my 'sun room' (room with big window, lots of sunlight, bright and fun). See the sign that says "TERB sucks floppy cocks"?

I very much exist and I live like a fucking king.

Two minutes, prove yourself.

 

[mrsCALoki]

Look, most Canadians won't have a net worth of $50k by the time they're supposed to be ready to retire. Enough with the wishful thinking. They really should enjoy life now because they're going to be destitute in old age.

I happen to have the 2005 numbers handy. Back then the median net worth was $148,350. I would assume it has gone up since then.

For families with the head of the family approaching 65 the mean is $407,417.

you are right most Canadians won't have $50k. They will have almost 4 times that. And .8% already have a million.

If you look at assets instead of net worth the median is of course much higher.





http://www4.hrsdc.gc.ca/.3ndic.1t.4r@-eng.jsp?iid=84

 

[simon482]

I'm not asking you to post a picture of your boat so that it's identifiable just as I won't post a picture of my home address, however I have on problems posting pics of sections of rooms within my home.

I'm re-doing the decor in my 'sun room' (room with big window, lots of sunlight, bright and fun). See the sign that says "TERB sucks floppy cocks"?


I very much exist and I live like a fucking king.

very odd looking.

 

[GG2]

simon it's incredible. Milky white rug, brown center piece, leather loveseat, large paintings.

"Look ma, I made it!!!"

The items are midrange - shit from pier1 imports, potterybarn, crate & barrel.

I really should book an interior designer from Potterybran to have a look at things though.

 

[simon482]

i was talking about the power bar in the bottom right. talk about ruining a room.

 

[mrsCALoki]

Maybe you didn't get the memo- this person isn't real!:closed_2:

Do you have any proof you exist? Do you have any proof I do not? Other than not liking a woman with a comfortable life style, why are you motivated to make such silly comments?

 

[mrsCALoki]

Actually many have accused the fictional character Loki created as a gold digger. It seems to be one of the core traits of that particular fictional character.

I thought Lord Loki was the fictional character according to Terb? I need to talk to god!

 

[GG2]

I know, it looks bad. I used to have a big ass TV there (where the outlet, powerbar, and cable is located) but I never watch TV in that room, and I never watch TV now period since I haven't had cable for over 3 months. Fuck Rogers and fuck Bell.

 

[simon482]

I know, it looks bad. I used to have a big ass TV there (where the outlet, powerbar, and cable is located) but I never watch TV in that room, and I never watch TV now period since I haven't had cable for over 3 months. Fuck Rogers and fuck Bell.

you're not one of those uppity fags that go around bragging about never watching t.v are you cuz if you are that changes my thoughts on you entirely.

 

[GG2]

I happen to have the 2005 numbers handy. Back then the median net worth was $148,350. I would assume it has gone up since then.

For families with the head of the family approaching 65 the mean is $407,417.

you are right most Canadians won't have $50k. They will have almost 4 times that. And .8% already have a million.

If you look at assets instead of net worth the median is of course much higher.





http://www4.hrsdc.gc.ca/.3ndic.1t.4r@-eng.jsp?iid=84

Well damn, I learn something new every day.

 

[simon482]

I thought Lord Loki was the fictional character according to Terb? I need to talk to god!

it's not that people think loki is fictional. they think you and the money are.

 

[Phil C. McNasty]

I'm not asking you to post a picture of your boat so that it's identifiable just as I won't post a picture of my home address, however I have on problems posting pics of sections of rooms within my home.

I'm re-doing the decor in my 'sun room' (room with big window, lots of sunlight, bright and fun). See the sign that says "TERB sucks floppy cocks"?

I very much exist and I live like a fucking king.

Two minutes, prove yourself.

Poor and cheap taste in art