I’m not a child rapist or murderer, Rarely Right Walter.When a future Democratic President decides to deport you, and have you killed in a foreign country, you will have no right to a court hearing first.
You claim that, but it really does not matter. We have established that the president has an absolute power to declare anyone an illegal immigrant. It cannot be challenged in court.Nor am I an illegal immigrant…nothing for me to worry about.
Are you really willing to take that chance?There may never be a future Democratic president.
Did Heels Up Harris get the majority of the popular vote…the electoral vote, Rarely Right Walter?Are you really willing to take that chance?
trump has never been able to get the majority of the popular vote, and now that things are falling apart... There may never be another Republican president.
So tell us about your suffering.Heels
Beware, Rarely Right Walter, I do not suffer fools gladly.So tell us about your suffering.
It must be hard to suffer yourself.I do not suffer fools gladly.
Why would you want America to suffer, if you are happily retired, and dependent on America?I an happily retired
While on Sundays, not so much, on weekdays, the computers are still processing the markets at 5:00pm. I usually show up to work around 7:00pm. But I have not had to work much since I officially became a consultant. I get paid a fee whether I work or not, so it has been a great deal for me.and you, with “your great wealth” that you have accumulated, are still reporting to work…at 5 PM on a Sunday afternoon.
Sure, Rarely Right Walter.It must be hard to suffer yourself.
Why would you want America to suffer, if you are happily retired, and dependent on America?
While on Sundays, not so much, on weekdays, the computers are still processing the markets at 5:00pm. I usually show up to work around 7:00pm. But I have not had to work much since I officially became a consultant. I get paid a fee whether I work or not, so it has been a great deal for me.
I would not say "great wealth", but I do have enough to retire. That being said, I could always use more, especially in the horrible times to come.With your “great wealth:” why are you still working…on a Sunday afternoon at 5PM?
You said that you made a whole lot of money, Rarely Right Walter.I would not say "great wealth", but I do have enough to retire. That being said, I could always use more, especially in the horrible times to come.
This is not a good time to be retired.
My Roth is quite healthy. Many of my investments outside my Roth are hard to evaluate.You said that you made a whole lot of money
Yet again, I am happy with my wealth management. I just made quite a bit of money in speculating that trump was an idiot. trump may actually be quite profitable for me.Poor wealth management?
I only want the far left Democratic Socialist loons to suffer, Rarely Right Walter.My Roth is quite healthy. Many of my investments outside my Roth are hard to evaluate.
I can say that I am happy with my situation, and do not want to make Americans suffer for it.
So why do you want to make Americans suffer Earl?
Yet again, I am happy with my wealth management. I just made quite a bit of money in speculating that trump was an idiot. trump may actually be quite profitable for me.
Once again, tell us how you have been suffering.As they made all Americans suffer.
I am 54, which depending on how you look at it is not "nearly 60."Still working at nearly 60, on a Sunday afternoon at 5PM.
So, you admit to poor wealth management, Rarely Right Walter.Once again, tell us how you have been suffering.
I am 54, which depending on how you look at it is not "nearly 60."
You are really locked into this whole thing about needing to be working Sunday nights to keep the financial plumbing working. And it is nights, not 5:00pm in the afternoon, usually like 7:00 to 6:00. I try not to work 12 hours at a time anymore, I am not that young. When I was younger, I would work 24+ hours straight. It was fun.
Again, none of this seems like suffering to me. Maybe you can tell us how you suffered?
No, I really did not.So, you admit to poor wealth management
The people I have met who might be considered wealthy usually do not use the word "wealth." From my understanding, a HNWI starts at one million in investments (outside your house and stuff), and goes to 30 million. Above 30 million is UHNWI territory.The guys at my club say that about 3 mil is the beginning of wealth, what say you?.
No, I really did not.
The people I have met who might be considered wealthy usually do not use the word "wealth." From my understanding, a HNWI starts at one million in investments (outside your house and stuff), and goes to 30 million. Above 30 million is UHNWI territory.
I find a lot of real estate people shade the truth with that by claiming a net worth that ignores loans. Usually the investments have to be liquid, so it becomes difficult to value privately held companies.https://support.google.com/websearch?p=ai_overviews&hl=en
You used Google to find the simplified explanation. In the real world, it is a bit more complex than that.“In finance, "HNWI" stands for High-Net-Worth Individual, typically defined as someone with liquid assets of at least $1 million, excluding their primary residence.“
When I was younger, there was a guy in real estate competing with me for my future wife, and he thought he was wealthy because he had a Lamborghini, and about $10 million in real estate. As it turned out, he also had more than $10 million in mortgages on that real estate, and had a negative net worth. You may say that happens to a lot of people during the Great Recession, but this was before the Great Recession.Again, is 3 mil about right to consider a person to be wealthy?
Very interesting, Rarely Right Walter.You used Google to find the simplified explanation. In the real world, it is a bit more complex than that.
When I was younger, there was a guy in real estate competing with me for my future wife, and he thought he was wealthy because he had a Lamborghini, and about $10 million in real estate. As it turned out, he also had more than $10 million in mortgages on that real estate, and had a negative net worth. You may say that happens to a lot of people during the Great Recession, but this was before the Great Recession.
He had a 10 year loan on the Lamborghini. How do you get a 10 year loan on a car? I had a Saturn. I miss that Saturn. Now, I have a Yaris.
At 2% after taxes, you will have $60k a year with $3 million. Is $60k a year enough to make you feel wealthy?
A billionaire once told me, "I would rather owe a billion than have a million." The idea being that just being around that much cash flow makes you wealthy, and the net worth does not matter.True net worth is what I was speaking of and you failed, once again, to say if true net worth of 3 mil is the beginning of wealth.
Uhm... I did not say return... You are having trouble understanding simple wealth management terminology. You want to take out well below your returns, to handle ups and downs, to adjust for inflation, and to cover for taxes.I see why you have to work, 2%, after tax, is a pitiful return.
You are trying to live on 14% of your retirement assets after taxes? Can you see how that would be a disaster?Multiply that by 7 or 8 and I would be interested.