Originally posted by SeitseWell, I don't know what € 1m even means. Haven't you noticed how stupid I am? 🙄
It varies. In one of my prior incarnations the firm classified HNWI as over €1M in liquid assets. Underline liquid.
The last I heard 10% of the American population controlled 90% of the wealth.
Seems lop sided to me. I think greed, and not hard work, has a lot to do with the disparity.
Originally posted by josephwSorry. That's 1 million and liquid assets are cash, stock and bonds.
Well, I don't know what € 1m even means. Haven't you noticed how stupid I am? 🙄
The last I heard 10% of the American population controlled 90% of the wealth.
Seems lop sided to me. I think greed, and not hard work, has a lot to do with the disparity.
Originally posted by SeitseWell, it's all I can do just to keep the IRS's hands off of my stash. I wish I had a lawyer that knows how to hide money. Of course I still pay my fair share of taxes. In today's economy taxes are a large share of the profits. And what are they doing with it? They sure ain't fixin' anything.
Sorry. That's 1 million and liquid assets are cash, stock and bonds.
Originally posted by josephwIt is not hard to find a lawyer who is able to do that. It all depends how
Well, it's all I can do just to keep the IRS's hands off of my stash. I wish I had a lawyer that knows how to hide money. Of course I still pay my fair share of taxes. In today's economy taxes are a large share of the profits. And what are they doing with it? They sure ain't fixin' anything.
much you wish to hide and how safe you want to be, you know? In these
matters, you get what you pay for. And if you are careless, you end up
in the Panama papers.