"Shot like a beggar"

Originally posted by Seitse
It varies. In one of my prior incarnations the firm classified HNWI as over €1M in liquid assets. Underline liquid.

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 josephw
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.

Sorry. That's 1 million and liquid assets are cash, stock and bonds.

Originally posted by Seitse
Sorry. That's 1 million and liquid assets are cash, stock and bonds.

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.

Originally posted by josephw
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.

It is not hard to find a lawyer who is able to do that. It all depends how
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.