YoungSaver
Recycles dryer sheets
- Joined
- Mar 5, 2012
- Messages
- 203
No
Am I in the 1%? You can learn a lot from Caddy Shack.
Judge Smails: Ty, what did you shoot today?
Ty: Oh, Judge, I don't keep score.
Judge Smails: Then how do you measure yourself with other golfers?
Ty: By height.
Keep in mind that 50% of the people on this planet don't own a pair of shoes.
Keep in mind that 50% of the people on this planet don't own a pair of shoes.
Source?
We were on a well and the filter had to be replaced every third day. So pretty expensive. We had the water tested and removed the filter, using bottled water instead.Large areas of Alaska have poor tap water, due to deep well water being rich in iron and manganese. It is yellowish or cloudy, and often has a sulfurous smell (rotten egg) from sulfur. It may be drinkable, but not too appetizing. And even for washing clothes, it may turn cotton yellow.
I don't think a home filtering or water treatment system would cost Alaskans $1K/month. I could be wrong.
Am I in the 1%? You can learn a lot from Caddy Shack.
Judge Smails: Ty, what did you shoot today?
Ty: Oh, Judge, I don't keep score.
Judge Smails: Then how do you measure yourself with other golfers?
Ty: By height.
What if the richest people gave all their money to all the "poor" people. Wild guess, you'd have a bunch of "poor" people with a bunch of news stuff who would be poor again the next month.
The "rich" guy would no longer employ anyone, so you might actually end up with more poor people.
I have often thought of this concept when the 1% (or whatever fashionable word or phrase is being used to describe the "rich" - whatever that is.) "What if?" What if the richest people gave all their money to all the "poor" people. Wild guess, you'd have a bunch of "poor" people with a bunch of news stuff who would be poor again the next month. The "rich" guy would no longer employ anyone, so you might actually end up with more poor people. I know it's a thought experiment since most rich folks never give all their money away. I think this would make an excellent graduate level thesis in an economics school but YMMV.
I can believe it. There are billions of very poor folks in this world, though few of them ever post on this site or have much of a retirement account.top 1% world wide
This tool does it all:
Global Rich List
Here is a great website that gives a glimpse into the economic life of families across the globe. https://www.gapminder.org/dollar-street/matrix
The Bourguinat family lives in Paris, France. Anne is 40 years old and is a psychologist. She lives with her husband and 2 kids. Together the family works for 85 hours/week and earns around 3 000 Euros per month, which is approximately 3 764 USD/month (adjusted to purchasing power parity). The family lives in a rented two-bedroom house and pays 2100 Euros (2616 USD) per month in rent... The Bourguinat family purchases all their food supplies from the local market and spends around 30% of their income on it...
Says according to Credit Suisse Research to make the top 1% world wide, you need net worth north of $871,320.
I guess if you live in San Francisco or New York, you need $3M-$5M at least. In the Southern State, you can retire fine with that $875,000.
If you retire in the Philippines or Thailand, you're gonna live like a king with $875,000 US. But better to live in cities outside of Manila and Bangkok.
I've also been to Kathmandu, Nepal, and you can live even cheaper. Hotel was $7-$8 a day and food was like $1 a day. But that was years ago.