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I challenge ALL millionaires to live off of what most people live off of which is <40K a year.

 
Anonymous Coward
User ID: 75676374
New Zealand
02/10/2019 06:19 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
They probably wouldn't survive ONE week without spending their entire 40K in less than a week!
 Quoting: Anonymous Coward 56945196



I challenge YOU to earn $1 million, pay taxes on it, and live like a millionaire.

Guess which challenge is harder!


.
 Quoting: Anonymous Coward 6925264


Well, If I had 1 MILLION< I would deposit it into a high yield savings account and live off the interest ALONE that it would earn.

I wouldn't even touch the million, just live off of the interest it produced.
 Quoting: Anonymous Coward 56945196


Because you're a loser with a poverty mentality. You're the equivalent of the one they speak of in the Bible, when the master went away and left talents with his servants (Matthew Chapter 25, v. 14-30).

Live off the interest alone? Try starting a business and employing people instead of being a tick on the ass of humanity, you loser. Interest produced FROM WHAT? Do you even know how interest is created? Have you looked at current interest rates and what banks yield? Didn't think so.

"Don't go hating the rich. How many poor people ever offered you a job or career?" - Me
Anonymous Coward (OP)
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02/10/2019 06:19 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.


The dude speaks the TRUTH!
Anonymous Coward (OP)
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02/10/2019 06:22 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
They probably wouldn't survive ONE week without spending their entire 40K in less than a week!
 Quoting: Anonymous Coward 56945196



I challenge YOU to earn $1 million, pay taxes on it, and live like a millionaire.

Guess which challenge is harder!


.
 Quoting: Anonymous Coward 6925264


Well, If I had 1 MILLION< I would deposit it into a high yield savings account and live off the interest ALONE that it would earn.

I wouldn't even touch the million, just live off of the interest it produced.
 Quoting: Anonymous Coward 56945196


Because you're a loser with a poverty mentality. You're the equivalent of the one they speak of in the Bible, when the master went away and left talents with his servants (Matthew Chapter 25, v. 14-30).

Live off the interest alone? Try starting a business and employing people instead of being a tick on the ass of humanity, you loser. Interest produced FROM WHAT? Do you even know how interest is created? Have you looked at current interest rates and what banks yield? Didn't think so.

"Don't go hating the rich. How many poor people ever offered you a job or career?" - Me
 Quoting: Anonymous Coward 75676374


I don't hate the rich, or envy them at all. I am just saying that in the end, money doesn't exist in the afterlife.
Anonymous Coward (OP)
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02/10/2019 06:26 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
The ultra rich should be helping less fortunate people. NOT hoarding millions and billions of dollars, because in the end, it isn't going to matter at all. I would not want to meet my maker and try to explain why I didn't help the less fortunate with BILLIONS of dollars in my bank account.
Anonymous Coward
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02/10/2019 06:26 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
...



I challenge YOU to earn $1 million, pay taxes on it, and live like a millionaire.

Guess which challenge is harder!


.
 Quoting: Anonymous Coward 6925264


Well, If I had 1 MILLION< I would deposit it into a high yield savings account and live off the interest ALONE that it would earn.

I wouldn't even touch the million, just live off of the interest it produced.
 Quoting: Anonymous Coward 56945196


Because you're a loser with a poverty mentality. You're the equivalent of the one they speak of in the Bible, when the master went away and left talents with his servants (Matthew Chapter 25, v. 14-30).

Live off the interest alone? Try starting a business and employing people instead of being a tick on the ass of humanity, you loser. Interest produced FROM WHAT? Do you even know how interest is created? Have you looked at current interest rates and what banks yield? Didn't think so.

"Don't go hating the rich. How many poor people ever offered you a job or career?" - Me
 Quoting: Anonymous Coward 75676374


I don't hate the rich, or envy them at all. I am just saying that in the end, money doesn't exist in the afterlife.
 Quoting: Anonymous Coward 56945196


What’s the afterlife have to do with any of this?
Jake

User ID: 76890717
United States
02/10/2019 06:29 PM

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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
you could take every penny from the wealthy on wall street

and it doesn't add up to that much about 12 trillion.


on the other hand the US Government takes in 4.7 trillion

per year in Taxes.


The real money is in taxation... we could tax the corporations to death but then nobody would have a job.
Anonymous Coward (OP)
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United States
02/10/2019 06:30 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
...


Well, If I had 1 MILLION< I would deposit it into a high yield savings account and live off the interest ALONE that it would earn.

I wouldn't even touch the million, just live off of the interest it produced.
 Quoting: Anonymous Coward 56945196


Because you're a loser with a poverty mentality. You're the equivalent of the one they speak of in the Bible, when the master went away and left talents with his servants (Matthew Chapter 25, v. 14-30).

Live off the interest alone? Try starting a business and employing people instead of being a tick on the ass of humanity, you loser. Interest produced FROM WHAT? Do you even know how interest is created? Have you looked at current interest rates and what banks yield? Didn't think so.

"Don't go hating the rich. How many poor people ever offered you a job or career?" - Me
 Quoting: Anonymous Coward 75676374


I don't hate the rich, or envy them at all. I am just saying that in the end, money doesn't exist in the afterlife.
 Quoting: Anonymous Coward 56945196


What’s the afterlife have to do with any of this?
 Quoting: Anonymous Coward 74457708


Ummm, we are ALL going to die one day and meet our maker and be judged. Would you want to have billions in your bank account and explain to your maker why you didn't choose to help the less fortunate? Is your billions going to get you into heaven?
Anonymous Coward (OP)
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02/10/2019 06:34 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
Ever heard of the "MONOPOLY GAME"



In end end at your death, Money doesn't really matter anymore.
Anonymous Coward
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02/10/2019 06:34 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
...


Because you're a loser with a poverty mentality. You're the equivalent of the one they speak of in the Bible, when the master went away and left talents with his servants (Matthew Chapter 25, v. 14-30).

Live off the interest alone? Try starting a business and employing people instead of being a tick on the ass of humanity, you loser. Interest produced FROM WHAT? Do you even know how interest is created? Have you looked at current interest rates and what banks yield? Didn't think so.

"Don't go hating the rich. How many poor people ever offered you a job or career?" - Me
 Quoting: Anonymous Coward 75676374


I don't hate the rich, or envy them at all. I am just saying that in the end, money doesn't exist in the afterlife.
 Quoting: Anonymous Coward 56945196


What’s the afterlife have to do with any of this?
 Quoting: Anonymous Coward 74457708


Ummm, we are ALL going to die one day and meet our maker and be judged. Would you want to have billions in your bank account and explain to your maker why you didn't choose to help the less fortunate? Is your billions going to get you into heaven?
 Quoting: Anonymous Coward 56945196


There are no billionaires in this form and most billionaires pay hundreds of millions to tens of billions to charitys over the course of their life, generally once their old and see the writing on the wall. They also employ tens of thousands of people and keep their family’s fed and cared for as a result.

You don’t become a billionaire by being stupid with money. Envy is also one of the deadly sins, might want to check that out.
TlvmmCpoft

User ID: 77347043
Spain
02/10/2019 06:38 PM

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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
People are like goldfish. We adapt to the bowl we're in.
...

owl

"Cause an owl can see things in the dark" - Some AC
Anonymous Coward
User ID: 14211636
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02/10/2019 06:38 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
Op is grasping at straws due to being a burning heart liberal. Deal with the log in your eye first.
Anonymous Coward (OP)
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02/10/2019 06:38 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
FULL movie 2:41 hours if you really want to watch it...

OU8122

User ID: 76583115
United States
02/10/2019 06:39 PM

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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
They probably wouldn't survive ONE week without spending their entire 40K in less than a week!
 Quoting: Anonymous Coward 56945196



I challenge YOU to earn $1 million, pay taxes on it, and live like a millionaire.

Guess which challenge is harder!


.
 Quoting: Anonymous Coward 6925264


Well, If I had 1 MILLION< I would deposit it into a high yield savings account and live off the interest ALONE that it would earn.

I wouldn't even touch the million, just live off of the interest it produced.
 Quoting: Anonymous Coward 56945196


High yield savings account is at 2.0 percent.

2 percent of 1 million is $20,000

So, you would be living on half of the $40,000 that you're complaining about
OU8122
Anonymous Coward (OP)
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02/10/2019 06:40 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
Op is grasping at straws due to being a burning heart liberal. Deal with the log in your eye first.
 Quoting: Anonymous Coward 14211636


HA!

I don't worry about money. In the end, it isn't going to matter anymore.
Anonymous Coward (OP)
User ID: 56945196
United States
02/10/2019 06:40 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
They probably wouldn't survive ONE week without spending their entire 40K in less than a week!
 Quoting: Anonymous Coward 56945196



I challenge YOU to earn $1 million, pay taxes on it, and live like a millionaire.

Guess which challenge is harder!


.
 Quoting: Anonymous Coward 6925264


Well, If I had 1 MILLION< I would deposit it into a high yield savings account and live off the interest ALONE that it would earn.

I wouldn't even touch the million, just live off of the interest it produced.
 Quoting: Anonymous Coward 56945196


High yield savings account is at 2.0 percent.

2 percent of 1 million is $20,000

So, you would be living on half of the $40,000 that you're complaining about
 Quoting: OU8122


I could do it if I lived in my van and had no rent to pay.
Seer777
Ride the wings of the mind

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02/10/2019 06:50 PM

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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
People are like goldfish. We adapt to the bowl we're in.
 Quoting: TlvmmCpoft


Nicely said.

Spans the spectrum.


Recommend this documentary. My ultimate take away is that money does not buy happiness.

My favorite bit, is when Ivanka is talking about how when she was around 10, her and her father were walking into Trump Tower and he pointed at a homeless man sitting close to the entrance and said..

See that man..he is richer than me.

Jaimie Johnson: Born Rich, Children Of the Insanely Wealthy

[link to www.youtube.com (secure)]

Last Edited by Seer777 on 02/10/2019 06:50 PM
Difficulties strengthen the Mind as labor does the body...
~Seneca
Anonymous Coward
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02/10/2019 06:55 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
I challenge you all to kiss my asshf
Anonymous Coward (OP)
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02/10/2019 06:57 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
Do you ultra rich millionaires and billionaires really think that you are going to take that money to the grave with you in the afterlife and continue living your rich lifestyle?

All that wealth ceases to exist in the afterlife. You leave that lifestyle behind and will have to answer questions from your creator about your lifestyle and explain why you didn't help the less fortunate with your billions.

MONEY doesn't exist anymore when you die. You can't take it to the grave with you or the afterlife. It simply ceases to exist.

When you cease to exist, your net worth become ZERO (0.00)
Anonymous Coward
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02/10/2019 07:00 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
The truth is, you could live off of the interest ALONE on 1 million dollars which would produce roughly around 50K a year at 5% interest earned.
 Quoting: Anonymous Coward 56945196


Where do you bank?
TlvmmCpoft

User ID: 77347043
Spain
02/10/2019 07:00 PM

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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
Do you ultra rich millionaires and billionaires really think that you are going to take that money to the grave with you in the afterlife and continue living your rich lifestyle?

All that wealth ceases to exist in the afterlife. You leave that lifestyle behind and will have to answer questions from your creator about your lifestyle and explain why you didn't help the less fortunate with your billions.

MONEY doesn't exist anymore when you die. You can't take it to the grave with you or the afterlife. It simply ceases to exist.

When you cease to exist, your net worth become ZERO (0.00)
 Quoting: Anonymous Coward 56945196


Maybe they're not thinking from the perspective of a selfish nihilist, as you appear to be, and instead they intend to pass it forward to their children, societies, or an island of cats with two many toes like that one...


...

owl

"Cause an owl can see things in the dark" - Some AC
Anonymous Coward (OP)
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02/10/2019 07:01 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
I challenge you all to kiss my asshf
 Quoting: Anonymous Coward 14813962


Good luck in the afterlife when your millions are suddenly worth $0.00
Anonymous Coward (OP)
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02/10/2019 07:06 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
The truth is, you could live off of the interest ALONE on 1 million dollars which would produce roughly around 50K a year at 5% interest earned.
 Quoting: Anonymous Coward 56945196


Where do you bank?
 Quoting: Anonymous Coward 72540350


[link to www.thepennyhoarder.com (secure)]
Seer777
Ride the wings of the mind

User ID: 77248197
United States
02/10/2019 07:27 PM

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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
People are like goldfish. We adapt to the bowl we're in.
 Quoting: TlvmmCpoft


Nicely said.

Spans the spectrum.


Recommend this documentary. My ultimate take away is that money does not buy happiness.

My favorite bit, is when Ivanka is talking about how when she was around 10, her and her father were walking into Trump Tower and he pointed at a homeless man sitting close to the entrance and said..

See that man..he is richer than me.

Jaimie Johnson: Born Rich, Children Of the Insanely Wealthy

[link to www.youtube.com (secure)]
 Quoting: Seer777


For example..

[link to i.imgur.com (secure)]


[link to www.youtube.com (secure)]

Beijing is shrouded under a toxic haze again, as the city enters the fourth and final day of its 'red alert'. The measures are aimed at trying to curb the city's notorious smog. More and more Chinese people are now taking precautions against the air pollution.

^^

This is real.
Difficulties strengthen the Mind as labor does the body...
~Seneca
Alhanna

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02/10/2019 07:27 PM

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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
40k is too much

most of the people I have known make less than 20k a year, closer to 12k

do that and I might be impressed

hell if I had 40k a year Id feel like a fucking millionaire.
~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
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Even if we understand not the message
Anonymous Coward
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02/10/2019 07:34 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
40k is too much

most of the people I have known make less than 20k a year, closer to 12k

do that and I might be impressed

hell if I had 40k a year Id feel like a fucking millionaire.
 Quoting: Alhanna


Uh if you work full time which is approximately 2080 hours a year then that means your friends are making $5.70 per hour as $12,000 a year. Homeless pan handlers make more then that so either your friends are all extremely lazy and don’t work or you lyin
darth

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02/10/2019 07:51 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
Do you ultra rich millionaires and billionaires really think that you are going to take that money to the grave with you in the afterlife and continue living your rich lifestyle?

All that wealth ceases to exist in the afterlife. You leave that lifestyle behind and will have to answer questions from your creator about your lifestyle and explain why you didn't help the less fortunate with your billions.

MONEY doesn't exist anymore when you die. You can't take it to the grave with you or the afterlife. It simply ceases to exist.

When you cease to exist, your net worth become ZERO (0.00)
 Quoting: Anonymous Coward 56945196


Another silly supposition.

Of course, I cannot take it with me when I die, but my wife, kids, and grandkids will be better off.

I will leave behind a company that provides a good living to a number of families as well as contributing to the economic strength of the USA.

Building a company has been the most satisfying experiences of my life outside of raising some great kids.

BTW, my net worth is north of $1M, and that is AFTER going BK 14 years ago. I just worked, saved, and built a new company.

I never worked to create wealth for my own pleasures or luxuries. I live a pretty simple life completely content without sports cars, yachts, or plastic women.

I like raising kids, raising chickens, gardening, hunting squirrels in my pasture, and drinking coffee with my beloved wife.

I have 3 rules for all expenditures:

1. Does it make me healthier?

2. Does it make me more secure/safer?

3. Does it have a good return on investment?
joeym

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02/10/2019 07:55 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
The truth is, you could live off of the interest ALONE on 1 million dollars which would produce roughly around 50K a year at 5% interest earned.
 Quoting: Anonymous Coward 56945196


Where do you bank?
 Quoting: Anonymous Coward 72540350


The truth is, you could live off of the interest ALONE on 1 million dollars which would produce roughly around 50K a year at 5% interest earned.
 Quoting: Anonymous Coward 56945196


Where do you bank?
 Quoting: Anonymous Coward 72540350


Where DO you bank? We have savings and cd's drawing in the 2.34% range.

Last Edited by joeym on 02/10/2019 08:00 PM
Anonymous Coward
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02/10/2019 07:59 PM
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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
Like it's very hard to spend day in woods eating mushrooms
Seer777
Ride the wings of the mind

User ID: 77248197
United States
02/10/2019 08:53 PM

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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
[link to imgur.com (secure)]

^^

This market..has not been cornered yet.


One could even do 'flavors'.

That 'canned air' is from Bamff, Canada.


One could offer: Oregon Coast, Aspen Colorado, Glacier, Montana, Sequoia National Park..


Or even go the dry route..desert air..

You get the idea.


Remember..something is only worth what another is willing to pay for it.


[link to www.youtube.com (secure)]
Difficulties strengthen the Mind as labor does the body...
~Seneca
Jaena

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02/10/2019 10:22 PM

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Re: I challenge ALL millionaires to live off of what most people live off of which is <40K a year.
They probably wouldn't survive ONE week without spending their entire 40K in less than a week!
 Quoting: Anonymous Coward 56945196


many of the wealthy are careful with money and investments. you won't find many of us running amok like that and spending every penny earned.
INFJ ~ protector
Be well and strong in body and spirit.
Trust the process, victory is the goal, determination gets us there.