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Millionaire concentration in TV

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Old 07-26-2019, 09:04 AM
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Default Millionaire concentration in TV

according to Kiplinger. Read the Part about Florida. I could not believe TV was mentioned given the huge numbers of wealthy folks in Palm Beach, Key Biscayne, Naples and so on. Millionaires in America 2019: All 50 States Ranked
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Old 07-26-2019, 09:25 AM
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An excerpt from that article:

"Florida's popularity as a retirement destination helps boost its concentration of millionaires. Indeed, an hour's drive north of Walt Disney World, you’ll find The Villages, a sprawling retirement haven with one of the highest numbers of millionaires per capita in the country."

Bodes well for the new chop house.

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Old 07-26-2019, 09:27 AM
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Originally Posted by Chi-Town View Post
An excerpt from that article:

"Florida's popularity as a retirement destination helps boost its concentration of millionaires. Indeed, an hour's drive north of Walt Disney World, you’ll find The Villages, a sprawling retirement haven with one of the highest numbers of millionaires per capita in the country."

Bodes well for the new chop house.

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Old 07-26-2019, 09:56 AM
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A million dollars ain't what it use to be.


























Hopefully, this post is helpful.
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Old 07-26-2019, 10:05 AM
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A million dollars ain't what it use to be.

But neither are we
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Old 07-26-2019, 10:20 AM
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Quote:
Originally Posted by Chi-Town View Post
An excerpt from that article:

"Florida's popularity as a retirement destination helps boost its concentration of millionaires. Indeed, an hour's drive north of Walt Disney World, you’ll find The Villages, a sprawling retirement haven with one of the highest numbers of millionaires per capita in the country."

Bodes well for the new chop house.

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Having been here with my parents and my aunt and uncle since 1992, I can categorically say TV was not made up of wealthy individuals. Actually people came here because they could afford it! Why do you suppose they wanted “free golf for life”? This was pasture and swamp and sinkholes.

There are a few very small enclaves of truly wealthy in TV. What about the rest?

I want to see the demographic income distribution of TV before I believe that we are so wealthy....

Last edited by Velvet; 07-26-2019 at 10:36 AM.
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Old 07-26-2019, 10:22 AM
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Quote:
Originally Posted by dewilson58 View Post
A million dollars ain't what it used to be.


























Hopefully, this post is helpful.
Pardon me, Sir. Is that before or after Taxes that you speak of?

I have always found your posts helpful and Funny
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Old 07-26-2019, 10:42 AM
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I don't consider real estate as being a factor in being a millionaire, same goes for jewelry, cars and collectibles--If you have more than a million in liquid assets --then you are a real millionaire--and if you have a six figure retirement, you are also a millionaire--
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Old 07-26-2019, 10:49 AM
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Originally Posted by Chatbrat View Post
I don't consider real estate as being a factor in being a millionaire, same goes for jewelry, cars and collectibles--If you have more than a million in liquid assets --then you are a real millionaire--and if you have a six figure retirement, you are also a millionaire--
Yep!
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Old 07-26-2019, 10:50 AM
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The article said the criterion for their survey as people with one million in investable assets.
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Old 07-26-2019, 10:52 AM
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Are you serious? I’d like to see the stats. One can say practically anything, it’s called “simulation” as a past researcher....and how would anybody know, for example, how much investable assets I have now, my parents had, or my aunt and uncle have? Where did they get their survey from who did they interview... cause it sure wasn’t any of us....

Last edited by Velvet; 07-26-2019 at 10:57 AM.
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Old 07-26-2019, 10:53 AM
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Quote:
Originally Posted by Chatbrat View Post
I don't consider real estate as being a factor in being a millionaire, same goes for jewelry, cars and collectibles--If you have more than a million in liquid assets --then you are a real millionaire--and if you have a six figure retirement, you are also a millionaire--



Can be investable assets.
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Old 07-26-2019, 10:58 AM
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until investible assets are turned into cash, they have zero worth, till a buyer will actually spend their $$ to acquire assets--its true--look @ the give aways @ estate sales and auctions
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Old 07-26-2019, 10:59 AM
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You know that there is no way someone would reveal that information, their invested assets, especially with as many outsiders as we have in TV.
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Old 07-26-2019, 11:44 AM
manaboutown manaboutown is offline
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Quote:
Originally Posted by Chatbrat View Post
I don't consider real estate as being a factor in being a millionaire, same goes for jewelry, cars and collectibles--If you have more than a million in liquid assets --then you are a real millionaire--and if you have a six figure retirement, you are also a millionaire--
I wonder what Jay Leno's car and motorcycle collection is worth? Ever been to a Mecum or other collector car auction?

Stamps, coins, antique furniture, fine artwork (Van Gogh anyone?) all can come into play. Not the run of the mill stuff, but truly collectible items.

As previously stated, 'A million dollars isn't what it used to be.'

So to me, today's true millionaire is someone having an income of a million dollars a year or more.
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Last edited by manaboutown; 07-26-2019 at 01:54 PM.
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