Discussions
$ 1Million is enough for you?
Posted by jugsi • 2/04/09 • Subscribe to this Discussion [RSS] • Report This Topic
Topics: Cash, dollar, life, money, rich, work
Would that kind of money be enough for you to enjoy your life? Or you'd try to make more?
User Comments
-
-
-
-
I my country, Mauritius, it would be enough to buy a wonderful house, a super car and to quit your job!
-
$1 million USD is roughly equivalent to R10 million ZAR, a pretty decent nest egg.
You can buy a middle-class house here for under $100,000, pay a maid to come in daily for $200/mo, and easily feed a family of four on $100 a week...and that is buying steak a couple of times a week and strawberries in winter (it is winter here and I just bought nearly a pound of imported strawberries for the equivalent of $2.95).
So, yah...$1 million USD would be quite enough for me! -
I don't understand why people always want to spend their money when they get it? Do you know how much interest 1 million dollars will get you a year, even at a 1% interest rate? $10k a year, that's a lot of money to an average household. And interest rates are much higher, even in these troubles times you can still get 3 or 4% at a decent bank, meaning you'd get $40k a year, which translates to about $3500,- a month without having to do a damn thing.
So what would I do with 1 million? I'd put it in the bank and make it multiply. -
over what ammount of time?
In a space of a month or a year, I'd say of course.
Over a space of a lifetime i'd say no. -
-
No para mi no es suficiente.Me parece en realidad poco.Yo merezco mucho mas.Si tuviera un millon de dolares lo donaria inmediatamente a lagente pobre que no tiene ni que comer. A los niños que lloran de frio por las noches.A las madres golpeadas por maridos desalmados.A las fundaciones que protegen a los enfermos o ayudan a los pobres.Yo puedo ganar con mis manos y mi inteligencia mucho mas que un millon de dolares pero los niños pobres de mi pais tienen poca chance sin algo de ayuda.Lisarco
-
-
-
It depends on where you live.
I lived in Silicon Valley and $1M would not allow you to live comfortably without additional income.
Here in South Africa, it would be worth between R8 mil and R10 mil, respectable amounts of money that will allow you to make sufficient investments to live comfortably, if not richly, for a long time.
-
Add Your Comment
Login to leave a message.
































