Quote:
Originally Posted by Adraco
A millionaire is able to invest a minimum of 1 million at any one time.
Having normal assests, like one house and one car does not count. If you drive a second car like a Ferrari, it could possibly count, but assets like that usually lose value over time so not very stable base.
1 million minimum of available funds, that's the only real deal that counts.
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I think im with you on this, putting net millionaires aside, its the type of millionaires who have the capital there, working capital millionaires who are TRUE millionaires and the others just millionaires on paper
but what if the guy who can write then 1mil cheque has a 2mil debt? then is he still a millionaire? sure its about to come to a swift end