My definition of 'Rich'.

Oct 15, 2011 00:46

A person is rich if they have enough money to invest, and can get enough interest off that investment to reasonably meet monthly needs.  Not 'wants', needs.  As in, if you can handle $2000 a month, without actually having to work, you're richSee, the thing is, once you have enough money that you can invest it and reasonably expect to handle most ( Read more... )

life, self-reflection

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brother_dour October 15 2011, 05:11:43 UTC
There's a twofold problem with poverty, but the second aspect of it is NEVER mentioned, not by the Right or the Left.

You've kind of hit on that second, forgotten part: not only do poor people not have money, but they also have no means to make more money than they do at the time...

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ami_b October 15 2011, 15:45:25 UTC
I think you're leaving out a substantial middle ground between rich and poor, here.

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brother_dour October 15 2011, 19:57:08 UTC
There's also those people who are living beyond their means: they may be driving $40,000 cars and living in a 4000 square foot house, but technically they're living paycheck to paycheck, too.

But generally I understand what Tashiro is trying to get at, and I think it's a decent definition.

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