What constitutes wealth in 2017?

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Everyone has their own definition of "wealthy." Some say it's $1 million, others say $100 million ... But a new survey from UBS shows that most investors say "wealthy" means $5 million—with at least $1 million of that in cold, hard cash.

Read more at CNBC.com

 

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Something seems to be going on in Europe while the USA has an inexperienced President sitting in the White House.......... What is Putin up to? US 'nuclear sniffer' plane is sent to Britain as wave of deadly radioactive particles spreads across Europe The WC-135 Constant Phoenix, which is known as a nuclear 'sniffer' plane, was deployed to RAF Mildenhall, Suffolk, in Britain last week on an undisclosed mission amid high radiation levels. http://www.dailymail.co.uk/news/article-4245586/US-nuclear-sniffer-plane-Britain-nuclear-spike.html?ito=email_share_article-top 

You can just scrape through with $10m these days 

Carnation and drat..I am short by just $250 dollars...

I won't survive!!!

haha, good one!

I would not know I have never had $10m

There's still time and lotto Ann. LOL

...and a big imagination..lol...

LOL  I wish!  Would be lovely to pay all the kids mortgages for them!

Why do we just equate wealth with how much money or possesions we have, how many materially wealthy people out there are suffering from depresion and loneliness?

I am not poor, I am not wealthy, but I have a rich full life because of the  life I have built for myself and family and those few who are close to me.

You  obviously did not read my post of three days ago exPS

ex PS, I'm interested to know why you link level of wealth with depression and loneliness? Personally I dont see the connection? I suppose a higher level of wealth can allow you to be more mobile, which may have some influence on well being?

I would prefer to link deression and loneliness with health or happiness.

I became interested in hapiness from a very early age. I met a beautiful french catwalk model. We were sharing a bottle of wine one night and having a heart to heart diving into each others sole with fixated eye contact, when I asked, what is it you are looking for. Her answer nearly floored me, as she said in her heavy french accent, "happiness."

So just how old were you young man...? LOL..

Obviously a budding Casanova.... :)

Frank, I am not in fact linking wealth with anything other than having a lot of money.  I was just making the point that wealth does not quarantee  happiness.  I would also make the point that not being wealthy does not mean that you will live a miserable existance.  Life is what you make it, unless you have a dibilitating condition which prevents or restricts your efforts of course.  In which case your goals may be restricted.

I guess different people are going to read the same item and it will have different meaning to each individual.

Ann, no I did not read your post of three days ago, are you upset because I agreed with you or disagreed with you, either way I apoligise if I have offended.

I would say (as the thread is about money not health etc) a person, in retirement, would feel quite comfortable if they had a guaranteed  income of around $65,000 a year after tax and a million dollars in cash.

Frank -  The $64.000.00 question is, "Did you end up marrying her?"  I certainly married for love and happiness. We started our life  together with nothing. I was the one with all the money $76.00 in the bank.  People said it would never last because of our age difference - 14 to be exact. I think you know when it is for real. Everything felt so right. We had 2 beautiful sons and the marriage lasted for 45 years until he died. Of course we had our struggles but we always laughed at the silly little things that meant nothing in the end. 

Yes Frank...answer the question..:)

Don't Frank, do not incriminate yourself or else they'll use it against you

ex PS

Not angry, just wondered if you had read my little post on the same topic....  

Husband does Lotto each week sometimes during the middle of the week too.....I've given up I think it is a lost cause....He keeps saying we have to be in it to win it....

I keep telling him, our luck is we have found eachother and there are a lot of people far far worse off.

But he keeps plodding along although his health is not the best.

I think happiness is when we have good health, but people do not realize that till they are in bad health and pain.

It struck me in 2002 when I flew out of Perth with a back ache, I was going to join hubby in Yorkshire where he was working.   The flight was painful, my back got worse till we were an hour out of Manchester Airport and my back totally went on me. Sitting next to a doctor she said you need Morphine.  Have you got any I replied.  No she said.

After we landed I had a car waiting for me, husband had sent a car!  At this stage I was down on the concrete on the Arrivals Hall!! With people gapping at me...

Would I like to go to Manchester Hospital I was asked?  No thank you I replied, I would prefer to get into the car and lay on the back seat. The poor chauffer that came to collect me!  LOL

I remember laying there passing out every few minutes seeing bare trees on the way to York.  How I got up the stairs of the house I don't know.  I was put on morphine for three weeks. After a week I managed to use crutches.  It is amazing what you can do if you have to.

Trouble is they put me on morphine for too long and I lost the use of my left leg, which equalled a lot of physio to get it working again.

After I asked the doctor  [who visits the homes in the UK unlike Australia]  why am I not addicted to the morphine.  Reply was I needed it, people that keep taking it and don't need it do get addicted to it.

So happiness to me is being pain free and in good health.

Now in my 70 I do have health issues, but at least I am mobile.....which equals happiness, but I would be happier if husband was not so stuborn and took it easy.

Anyway I am rambling here sorry!

Poor Ann - you've been through a hell of a lot. My Sister has back issues along with her knee which keeps popping out. She needs surgery but the Doctor said she has to get fit. So now she goes to the Rehab. pool twice a week to strengthen the leg. She lives on Voltarin to get her through some nights. Thank goodness I have no mobility problems.  Take Care.

Ann..I'm in total agreement..one is wealthy when blessed with good health..

Reading your post about back pain and I certainly empathise...when I was 20 and just before my wedding in the UK...I decided to not wait for my fiance to help paint one of the rooms...I decided to tackle it by  myself...

Long story short I ended up in University College Hospital/London with a "slipped disc" to beat all slipped discs...and there I stayed for six weeks..wedding had to be postponed etc...

I still remember the pain and for years have carried a corset in my  hand luggage when travelling....just in case..

Sorry you went through all that you did..and am glad  you are getting around these days....


Interesting post Ann.

SD

THEA,   i was born in university college hospital,      small world,  

Ann, nothing wrong with rambling, it gives people a true perspective on peoples nature.  Looking back at your posts I feel that there is nothing there that would put us at odds.

The last time I visited England I came back and complained to all that would listen about the bout of gout I suffered on the way home.  Your story makes mine seem that I am just a whinger, nothing like hearing about the misfortunes of others to put your own perceived problems into perspective.

Nice to see that you have maintained a posative outlook.

Thank you Hola, Shaggy Dog and ex PS.

When my neice introduced me to her fiancee she was looking at me on crutches, I had broken my left ankle back 23 years ago.   She laughed and said my aunt doesn't even play sport!  Up till then I was reasonably healthy apart from the jolly left knee at approx 30 that I tore the liagments and cartledge. Doctor said I am not going to send you to a specialist they will operate!  I want to see if we can fix it by binding up up. So he got a bandage and put my left in a bend, like a boomarang!  I had to keep it like that for 3 weeks! LOL 

Back then I was also on Voltarin, now I am on Mobic.   But there is no point in crying over spilt milk we just get on with life.  We can always find someone worse off.

Talking of wealth!  Having been a person that thinks actors are paid too much together with sports stars.....I am just thinking how many mouths could be fed on these cents!!

Price of vanity: The eye-watering sums stars blow on make-up for one night on the red carpet (and men spend the most)

Eye-watering sums stars blow on make-up for red carpet<img src="http://i.dailymail.co.uk/i/pix/2017/02/25/02/article-4258150-3DA2327200000578-30_636x382.jpg" height="382" width="636" alt="Eye-watering sums stars blow on make-up for red carpet" />

From Cate Blanchett's £574 look to Keira Knightley's £510 spurge on Chanel, the Daily Mail reveals the whopping amounts celebs spent to look good on the red carpet. Pictured left to right: Cate Blanchett goes for a peachy princess-look, Keira Knightley wears exclusively Chanel, Sienna Miller is all about Burberry, Claire Foy has make-up fit for a Queen, Dakota Johnson goes for a 'natural look', Adele flirts with feline flicks, JK Rowling looks glowing and Jon Hamm, who spent a huge £667 on his look.

Yes Ann, the amount of money spent on such things are absurd.  But in a posative light when rich people spend money it has the effect of putting money into the economy that my employ others, million dollar boats, mansions, custom built cars etc. all have to be made by someone.  Even the people who provide grooming services for these so called celebrities need to eat.

But on the whole I agree, this sort of money spent on services that are not really needed make me shudder.

In another vein, the public have an expectation that these people look perfect, are we not in some way fueling the fire by having such expectations.

Jon Hamm - he is delicious.  Whatever he has had done to himself, it has paid off.  Maybe it is all undercover, a little tummy tuck here, and a little extension there,or maybe breast enlargement,( I bet you all thought I was going to say something else.)

Thanks Thea,

Sorry to hear about your wedding plans!

Slipped discs are now called herniated discs.

The disc in question was just up above my waist, I forget which number.  I had some years earlier herniated two at the bottom of my spine.  It was then they said  'You have an extra vertebrae' LOL hey I may have been a mermaid in an earlier life!!

My problem before that flight was I was cleaning out my late father shed and lifted a large piece of concrete. Stupid Stupid me!  I certainly paid for it.   The earlier discs were damaged with running a boat building business,  picking up rolled chopped strand mat, like 30kgs each and drums of catlyst.

Today I not only have to take the Mobic, but strong Calcium with additives, Vit D3, and I find silica is very good too.  It is the building block of our bodies.  I started taking it for the ligament damage to my ankle and knee!

I wish I had learnt to levitate!

Yes long rest is good, but I found I could not sit on my computer chair, I had to get some dense rubber mat and then I could not sit for more than 20 minutes at a time.  Today when I have made a stupid choice when gardening and suffer.  I find laying for 40 minutes, walking for 40 minutes and sitting for 20 minutes is the way to go.  Laying down all the time just doesn't do much for me.

To me wealth is what I did today. Spending the day with children and grandchildren, listening to what they did over the last  week and playing cricket in the yard.

 

Did any of yours manage to break a window Banjo?...Luckily it was only the shed, but if the fellas are too lazy to walk down the road to the beach.....!!! Lolol

There goes a bit more of their wealth....:)

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