Who Wants to be a Millionaire?

This is a discussion on Who Wants to be a Millionaire? within the The Foyer forums, part of the Off the Grid category; According to this, it's not enough to retire on. Is-$1-Million-Enough-to-Retire-On: Personal Finance News from Yahoo! Finance A millionaire in GBP ...

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Old Jun 9, 2008, 2:17pm   #1
 
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Who Wants to be a Millionaire?

According to this, it's not enough to retire on.

Is-$1-Million-Enough-to-Retire-On: Personal Finance News from Yahoo! Finance

A millionaire in GBP would be OK though!
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Old Jun 9, 2008, 2:31pm   #2
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Aha.

And here's how to spot the millionaire in your friendly neighbourhood:

Click the image to open in full size.

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Old Jun 9, 2008, 2:41pm   #3
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A millionaire in GBP would be OK though!
No, it's not really unless you are older. I think there was a study that says if you really want to live a millionaire lifestyle, you need in excess of £2M and if you read "How to get Rich" by Felix Dennis, he has a table where 10M is comfortably poor.

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Old Jun 9, 2008, 4:26pm   #4
 
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Depends where you live.
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Old Jun 13, 2008, 3:17pm   #5
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Just move to Bangaladesh and you can live a life time on £1000! :P
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Old Jun 13, 2008, 3:42pm   #6
 
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Originally Posted by FXSCALPER2 View Post
Depends where you live.

Also depends how you live
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Old Jul 10, 2008, 7:24pm   #7
 
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But this is what she looks like from the front:

Click the image to open in full size.
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Old Aug 16, 2008, 6:27pm   #8
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SCARY! she's nasty

Yeah, if and when I have my first million, I'll never retire...just keep trading making $$ trading. Imagine trading hundreds of futures contracts with that money, and just stacking up huge profit from a small trade everyday.

They say back in the day the affluent showed their class by having a full and large body (well fed perhaps! LOL). I've got a rich cousin, she's quite large too.
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Old Aug 16, 2008, 7:21pm   #9
 
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Simple to work out really........

£x,xxx per week, 52 weeks a year, add say, 5% inflation a year, add that to the years ahead, work out (roughly) how many years you think you may live for. Hey presto, you have a trading goal!

I make mine about £35 mill to retire now so I have about another whole year to go
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Old Aug 18, 2008, 8:29pm   #10
 
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Judging by my day and compouning that into the week then multiplying that over year, adding inflation and living costs i should be a millionaire by 2189, will have to teach my grandchildren how to trade like me too then with that 1 million they can buy a flat between them.
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Old Aug 18, 2008, 8:49pm   #11
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LOL Shepard..
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Old Aug 18, 2008, 9:12pm   #12
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To-day was my day
I done the opposite to what i would think the market would do
I was down 39k now down 17k just by buying when i would be sell and
to day selling when i would be losing by buying when i think of green i go red
I can not belive it after 31 losing trades in a row it was the only thing i could think of
just as i would go long the market would go short
today is like playing loss the money only for the first time i am making
Just had a count £21,670 I hope this is it ( go the opposite )
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Old Aug 19, 2008, 8:43am   #13
 
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Originally Posted by doberman View Post
To-day was my day
I done the opposite to what i would think the market would do
I was down 39k now down 17k just by buying when i would be sell and
to day selling when i would be losing by buying when i think of green i go red
I can not belive it after 31 losing trades in a row it was the only thing i could think of
just as i would go long the market would go short
today is like playing loss the money only for the first time i am making
Just had a count £21,670 I hope this is it ( go the opposite )
Yo dude, you heard of commers and full stops (,.). Got there but bit of a hard read mate.

Dont want to p*ss on your fire here but it's not as simple as going the opposite way than what you think. Trading is simple but not this simple. It sounds like luck, both good and bad. Hopefully for you you will have enough luck to get your balance back up to where it was, usually luck doesn't run this long so feel free to post how you trade and someone may be able to point out a few things to help you, thats if you want it.
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Old Aug 20, 2008, 11:41am   #14
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Originally Posted by BSD View Post
Aha.

And here's how to spot the millionaire in your friendly neighbourhood:

Click the image to open in full size.

Assuming they're man and wife and he's a millionaire.......if he'd made her sign a prenup, would she still be with him Still though, we've not seen her face yet, it might look like a bulldog chewing a wasp
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Old Aug 21, 2008, 1:48pm   #15
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Quote:
Originally Posted by doberman View Post
To-day was my day
I done the opposite to what i would think the market would do
I was down 39k now down 17k just by buying when i would be sell and
to day selling when i would be losing by buying when i think of green i go red
I can not belive it after 31 losing trades in a row it was the only thing i could think of
just as i would go long the market would go short
today is like playing loss the money only for the first time i am making
Just had a count £21,670 I hope this is it ( go the opposite )
I hope the £ amounts u r discussing are virtual money and not real, as it sounds like oyu are not competent enough totrade with real £ on the line.
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