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Admiral_Zero 02/18/23 8:56:41 PM #1: |
Someone with a million dollars in their bank or someone with a million dollars worth of assets? Would both of these guys be considered a millionaire?
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CE_gonna_CE 02/18/23 8:57:19 PM #2: |
$1m net worth generally gets ya there --- https://gamefaqs.gamespot.com/boards/1531-food-delivery-services-general ... Copied to Clipboard!
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AloneIBreak 02/18/23 8:58:26 PM #3: |
1M net worth I'd say. --- "The civilized man, where he cannot admire, will aim rather at understanding than at reprobating." - Bertrand Russell ... Copied to Clipboard!
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bigblu89 02/18/23 8:59:02 PM #4: |
Net worth --- It takes zero effort to be a good person. ... Copied to Clipboard!
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Gobstoppers12 02/18/23 8:59:04 PM #5: |
Usually it's done by net worth, not cash on hand, so yeah, the second one also counts. Both are millionaires. --- I write Naruto Fanfiction. But I am definitely not a furry. ... Copied to Clipboard!
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DrizztLink 02/18/23 8:59:16 PM #6: |
4 million gumballs. --- http://guidesmedia.ign.com/guides/9846/images/slowpoke.gif https://i.imgur.com/M8h2ATe.png https://i.imgur.com/6ezFwG1.png ... Copied to Clipboard!
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Lokison 02/18/23 8:59:34 PM #7: |
Either or, or a combo of both. Edit: Would someone with 1M Cash be a millionaire? I think yes. --- Word from the wise: Don't drink the under-sink-juice. ... Copied to Clipboard!
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Agonized_rufous 02/18/23 9:02:39 PM #8: |
Bank Technically net, but that takes the fun out of the truly rich when the poors can just get a mortgage and feel superior --- "All I have is my balls and my word, and I don't break them for anyone!"-Tony Montana ... Copied to Clipboard!
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HudGard 02/18/23 9:14:59 PM #9: |
I personally dont count retirement accounts or assets. $1M+ in some sort of liquid or easily liquidated form. --- You haven't set a signature for the message boards yet ... Copied to Clipboard!
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LowRyder2005 02/18/23 9:19:22 PM #10: |
Both are millionnaires, assuming they're not currently indebted. The dictionary definition is "a person whose assets are worth 1 MIL or more (in the local currency)". It doesn't need to be in your bank account; if you own a house worth 800K, a car worth 100K, and your stuff is another 100K, and do not have any outstanding debt, you'd fit the definition all the same. The "common perception" possibly revolves more around a concept like "millionnaire = someone who is anywhere in the property ladder and, that aside, has at least 1 MIL in the bank account". Technically net, but that takes the fun out of the truly rich when the poors can just get a mortgage and feel superior Bear in mind that a mortgage constitutes a liability in your balance sheet. Your net worth is the stake you repaid. E.g., house value - unpaid mortage (liability) = amount repaid (asset). ... Copied to Clipboard!
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emblem-man 02/18/23 9:19:47 PM #11: |
The second, but without the home. I'm thinking bank, retirement account, investments, etc. --- http://avatar.xboxlive.com/avatar/emblem%20boy/avatar-body.png haters gonna hate ... Copied to Clipboard!
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