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To: goldstategop

According to the book "The Millionaire Next Door", you sound like a candidate (or already may be) a millionaire (accumulated wealth, not income). What you describe as how you would live if you had a million is the way most average millionaires live: frugally and unostentatiously. The book showed how one didn't have to have a huge yearly income to become a millionaire. Wise investment and frugal/careful living are far more important than having a high income. In fact most millionaires in the book didn't have annual incomes exceeding one hundred thousand . Many made appreciably less than that. They just knew what to do with what they made.


80 posted on 07/05/2005 4:42:02 AM PDT by driftless ( For life-long happiness, learn how to play the accordion.)
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To: driftless

IMO if your investment earnings aren't equal to your annual earnings by the time you are 40-45, you have made some poor investment choices. Who wants to work until they are 65 or 70?


107 posted on 07/07/2005 1:30:53 AM PDT by B4Ranch ( Report every illegal alien that you meet. Call 866-347-2423, Employers use 888-464-4218)
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