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U.S. millionaires say $7 million not enough to be rich

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OmahaBlueDog Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-11 10:14 AM
Original message
U.S. millionaires say $7 million not enough to be rich
Reuters, via Yahoo!

U.S. millionaires say $7 million not enough to be rich

-snip-

More than four out of ten American millionaires say they do not feel rich. Indeed many would need to have at least $7.5 million in order to feel they were truly rich, according to a Fidelity Investments survey.

Some 42 percent of the more than 1,000 millionaires surveyed by Fidelity said they did not feel wealthy. Respondents had at least $1 million in investable assets, excluding any real estate or retirement accounts.


http://news.yahoo.com/s/nm/20110314/lf_nm_life/us_fidelity_survey
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KillCapitalism Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-11 10:18 AM
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1. For some, their greed knows no limits
You could probably ask if $7 billion was enough & I'm sure at least 25% would say no.
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-11 10:29 AM
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2. are all americans wrapped in insecurity? nt
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OHdem10 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-11 10:34 AM
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3. If they compare themselves to Bill Gates or Warren Buffett,
they consider themselves "poor"????? Sometimes
it appears up is down, I guess. It is enough
to make you laugh, I guess.
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grilled onions Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-11 10:44 AM
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4. They Should See What It's Like To Feel Poor!
Perhaps if they opened their kitchen cupboards to find them bare...perhaps if they needed to get to a doctor and found they couldn't afford the gas NOR the price of a doctor..perhaps if they got mail from every utility in town threatening them with being cut off heat in the winter,electricity in the summer,water--anytime etc...perhaps then and only then will they see that perhaps they are wealthier then they realize.
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jwirr Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-14-11 11:36 AM
Response to Original message
5. Being rich and feeling rich are two different things. Too bad they let
their insecurities destroy the whole world.
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