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Open Roads Forum  >  General RVing Issues

 > Know any millionaires?

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Roy T

Dodge City, Kansas

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Posted: 05/16/08 04:28pm Link  |  Print  |  Notify Moderator

Yes we know a few. Most live just like everyone else. There are one or two that seem to have a battle about who can have the most ridiculously large house and fancy car, though. Status symbol.

ffemt1271

Louisiana

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Posted: 05/19/08 05:45pm Link  |  Print  |  Notify Moderator

the wells they are drilling here now are at a low of 5mil cubic feet/day, worth 90K a month up to 18 mil cubic feet worth 324K a month


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Scottiemom

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Posted: 05/20/08 07:00am Link  |  Print  |  Notify Moderator

My friends do.


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DWN

Nevada

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Posted: 05/20/08 10:41am Link  |  Print  |  Notify Moderator

I finally made it. Save, save, save and no debt. Our home is a 36 foot fiver and our vehicle is a 2000 f-250 diesel. My parents were poor imigrants. We are not all born with a silver spoon in our yaps like the Kennedys.

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Az.

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Posted: 06/14/08 05:05pm Link  |  Print  |  Notify Moderator

lesmore49 wrote:

My closest friend is a millionaire.
You said you wouldn't say anything about me on this site.


2005 Chev 5.3 Supercharged 395HP 425 T hp. Two wheels on front, 2 on back. one seat, tint windows. front and rear bumpers, headlights, windows. Door on each side. Heater, floor mats, junk behind seats, some dirt. Pulls so hard.

Kajtek1

CA

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Posted: 06/14/08 05:45pm Link  |  Print  |  Notify Moderator

Sea Dog wrote:

I mean real millionaires, the kind with over a million in investments and cash, not the guy who "owns" a home worth a million.
We all know how quickly that can turn around.

My point being, unless there is a sudden change, RVing as we now know it will soon be for only the wealthy.

I do happen to know a couple or three folks with spendable assets of well over a million.
The strange thing, all of them live the same lifestyle as any blue collar worker.

What's wrong with house making you a millionaire? My house "made" $200,000 net last year. I wish I got even close to that.


Pessimist sees dark tunnel, optimist sees a light at the end, realist sees lights of coming train.Engineer sees 3 idiots on the tracks.


Skid Row Joe

On the road in America

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Posted: 06/14/08 06:06pm Link  |  Print  |  Notify Moderator

Kajtek1 wrote:

Sea Dog wrote:

I mean real millionaires, the kind with over a million in investments and cash, not the guy who "owns" a home worth a million.
We all know how quickly that can turn around.

My point being, unless there is a sudden change, RVing as we now know it will soon be for only the wealthy.

I do happen to know a couple or three folks with spendable assets of well over a million.
The strange thing, all of them live the same lifestyle as any blue collar worker.

What's wrong with house making you a millionaire? My house "made" $200,000 net last year. I wish I got even close to that.
Not unless you sold it and "cashed-in," you didn't. The OP asked for "spendable assets of well over a million." You can't "spend" a home.

Houses are one of the worst appreciating personal investments out there. They are liabilities, for people to live in.


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wa8yxm

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Posted: 06/14/08 06:56pm Link  |  Print  |  Notify Moderator

I met and spoke with a couple today.. in the last 5 years SHE, has averaged 1,000,000 a year or more. And that is just HER income.. Now his.. Is in the same range or higher

How much are they worth? I have no clue but I don't think they will have any problems when they retire.

Oh.. In a manner of speaking I work for them. Just so you know.. Just met 'em today though.

My direct "Up-line" is in the 100,000/year group

NOTE: this is just "production credit" as it were (What he gets paid) has nothing to do with income from investments they have.

Any question why I'm working with these folks (So far my income is $0.00 but hey, that will change)


Nothin adds excitment like something that is none of your business
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Az.

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Posted: 06/14/08 09:12pm Link  |  Print  |  Notify Moderator

If every thing isn't paid for and five million in stock and cash your not a million. House's don't count, we all have a house or two.

* This post was edited 06/14/08 09:43pm by Supercharged *

Kajtek1

CA

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Posted: 06/14/08 09:29pm Link  |  Print  |  Notify Moderator

You've gotta be kidding?
Solid house doesn't count, but paper stock does hue.. hue.
Notice that I am not saying "home" but "house".

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