Comments on: Comments on 20921

Post number 20921

condour75 — Fri, 18 Oct 2002 16:11:29 -0800

Who's destined to be a millionaire? A little Friday night Calvinism from the people at Marketplace.

By: quadog

quadog — Fri, 18 Oct 2002 16:28:51 -0800

What kills me is if you look at the "correct" answers, #5c states that only 61% are "very satisfied with the way things are going in their life". If 4 out of 10 millionaires are not happy with their life, giving me the money may put a smile on their face. Large bills please . . .

By: Diddly

Diddly — Fri, 18 Oct 2002 16:46:25 -0800

My chances of being a millionaire are less because I am in my 20s. Had I been between 30 and 54, I had better chances of being a millionaire some day. Ok...

By: XQUZYPHYR

XQUZYPHYR — Fri, 18 Oct 2002 17:13:24 -0800

Interesting. I know this isn't scientific in any way, but I am told by this that "100% of those becomming millionaires have an annual income of $135,000 or more." Sort of adds to the "born rich, stay rich" argument, doesn't it?

By: jragon

jragon — Fri, 18 Oct 2002 17:27:50 -0800

The Millionaire Next Door covers a lot of these issues but completely contradicts these findings. The bottom line is you become a millionaire by what you spend, not what you make.

By: stbalbach

stbalbach — Fri, 18 Oct 2002 17:57:05 -0800

This is bogus. It says "%100 is the next millionaires make $135,000 a year or more". WTF? Many millionaires are owners of business who draw average salaries and make the money all at once when they sell the company or through stock options.

By: philip_buster

philip_buster — Fri, 18 Oct 2002 18:17:25 -0800

!00% of the next millionaires will be the worlds next millionaires.

By: MzB

MzB — Fri, 18 Oct 2002 20:57:54 -0800

Indeed, XQUZYPHYR, you are right. Sometimes it is called the "network effect". A possible model is presented here (pdf file).

By: chipr

chipr — Fri, 18 Oct 2002 22:38:59 -0800

Screw millionaire. I'd be happy just to have a job.

By: troutfishing

troutfishing — Sat, 19 Oct 2002 06:38:39 -0800

Indian Tribal Councils can admit non-Indians as members. Here's one get rich quick avenue: get admitted to a casino owning tribe. Or just hire some lobbyists and become your own tribe! Actual Indian lineage is helpfull but not necessarily required. Then start your own casino. History shows, by the way, that one tried and true get rich quuick avenue is through paying bribes - or bribes in the form of hefty campaign contributions - to politicians who control zoning regs., and state/local resources in general. Many cultures know this, including the Pacific Island Cargo Cultists who, during the late sixties, sent an emissary to the US with a $50,000 bribe for Lyndon Johnson. The bribe was to convince Johnson to divulge the "secrets of cargo". Johnson didn't buy this, refused the vbribe, and kept the "secrets of cargo" to himself. The cargo cultists were very close, though. They would have learned the "secrets of cargo" had they doled out the $ for lobbyists and campaign contributions to congress.

By: kindall

kindall — Sat, 19 Oct 2002 10:18:25 -0800

Why, that's Calvinism! (Someone had to say it.

By: elwoodwiles

elwoodwiles — Sat, 19 Oct 2002 13:23:02 -0800

I scored a 15! I think I'll start a Cargo Cult.

By: jalexei

jalexei — Sat, 19 Oct 2002 14:24:09 -0800

Sweet! 95 baby! Umm....OK, so like, where's all the money?