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Forums - General - Do you think you can become a millionaire?

 

Do you think you can become a millionaire?

Yes 57 68.67%
 
No 26 31.33%
 
Total:83
Baalzamon on 01 November 2010

You say it as if you have to own a company or invent something to become a millionaire.  This isn't at all true.

Lets take the example of a Roth IRA, which means you get taxed on the money you make, but then do not get taxed on any of the earnings you make from the Roth IRA (the other instance would be an IRA where you don't get taxed beforehand but get taxed afterwards).  So if you invest $10,000 on January 1st of 2011, and go on to get 9% interest for the year, and then invest $10,000 at the beginning of every year after this, and continue to get the 9% interest, you will have over $1,000,000 by December 31, 2036 (Or after 26 full years).

So do I think I can become a millionaire?  No doubt about it, especially considering I'm going to school to be an actuary, which can easily make 150-200k after 20 years of working.

Also, I think you misrepresent what it means to be a millionaire because you are looking at billionaires as examples.  People do not just beg for millionaires money all the time.  It really isn't that difficult to lay it low as a millionaire.  Also, are you referring to $1 million in the bank, or $1 million net worth (including house minus debt if any, vehicles minus debt if any...etc.)



Money can't buy happiness. Just video games, which make me happy.

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4k1x3r on 01 November 2010

Well it's easy, I do think I can become millionnaire. The problem is that I dunno if:

- life will just let me get to that goal. (luckyz dudez)

- some foreplay are needed. (I mean studies and hardwork =D)

- I'll have to force her. (I mean GET TO THE BANK AND TAKE EVRATINGGG, or kidnap a rich fu****)



arcane_chaos on 02 November 2010

probably not, maybe if I hit the lottery or something, some guy in stamford,CT(where I live) won $5000 a week for the rest of his life!!! LUCKY BASTARD!!!



indodude on 02 November 2010
Ssenkahdavic said:

I will be, yes.


The problem is the set of circumstances that have to happen.

When my father or my grandfather die, I will become a millionaire.  This is definitely NOT the way I want to become one tho. 


Same situation here(When my grandpa dies at least)



bannedagain on 02 November 2010

yes I just bought a mega millions ticket and a powerball ticket. The guy told me it was the winning ticket, not sure which one but I will be good with either one.

Now lets all  think I'm going to win so that it effects some kind of quantum butterfly effect process.

If not i'm going to have to start a sex web site or some sh-z.

Yes at some point I should make a million dollars.

 At this point I only  got  990,000 to go, thats nothing! 

IF I sell off everything I own I should be close to 10% there.  SO WHEN I LOOK AT IT THAT F-ING GUY AT THE STORE BETTER BE RIGHT ABOUT MY TICKET!