What is "rich"?

[Paul in NZ]

Money doesn't buy you happiness...

It does if you know where to shop....

[MSTRS:Me]

Houses of negotiable affection? Surely not...

[ellipsis]

....i heard from an American Indian that after he had wiped out Custer at Little Big Horn, Sitting Bull was mystified by why the few remaining survivors who were also carrying a box of money which was army pay for an outpost they were heading for, were more interested in crawling around on their hands and knees, scooping up the cash that was blowing away, he likened the greenbacks to 'frogskins', of no use to man nor beast, but these crazy europeans were more interested in catching the money than defending themselves....of no relevance to this thread other than I have a similar opinion to Sitting Bull....but I cant go racing without the stuff....couldn't own the house we have, the shed, have brought up the kids as we did, have the ( too many) motorcycles,in that shed...hopefully take my wife on the first real holiday we will ever have....rich is having the sense to know that what you have is what youv'e got and being happy with it...we are all just heading towards the day when we get carried out , toes up in a pine box...rich peoples look just as dead as those who are not so rich....and who remembers the rich anyway....

[Swoop]

But it does buy you a more comfortable class of unhappiness...

Or a much faster class of unhappiness!

[HenryDorsetCase]

this is interesting:

http://www.stuff.co.nz/national/poli...-rich-and-poor


its on stuff so, you know, it must be true....

[Winston001]

this is interesting:

http://www.stuff.co.nz/national/poli...-rich-and-poor


its on stuff so, you know, it must be true....

Yeah it is correct, I looked at the Dept of Statistics data a while ago. Mind you its from 2004.

The 1% owning three times as much as 50% looks alarming but then the article goes on to point out that 1% still only amounts to 16% of our nations wealth. In other words, 84% of the wealth is held by everyone else.

10% of the population have median individual wealth of $255,000 (if I'm reading correctly) which actually isn't startling or even a lot of money. Many families live in $500,000 homes and certainly won't consider themselves rich.

[Ocean1]

Yeah it is correct, I looked at the Dept of Statistics data a while ago. Mind you its from 2004.

The 1% owning three times as much as 50% looks alarming but then the article goes on to point out that 1% still only amounts to 16% of our nations wealth. In other words, 84% of the wealth is held by everyone else.

10% of the population have median individual wealth of $255,000 (if I'm reading correctly) which actually isn't startling or even a lot of money. Many families live in $500,000 homes and certainly won't consider themselves rich.

It's wonderful how scary a strategically blinkered snapshot of a bog standard bell curve can be made to appear.

[FJRider]

So, not all rich people are wealthy, and not all wealthy people are rich.Kind of what I figured. It would depend on circumstance a lot too I would imagine,Someone from Ethiopia for example may consider themselves rich earning $50 a week.

But ... both the RICH and the WEALTHY ... never worry about not being able to pay the power bill ...

[Bikemad]

well...........cant be arsed readin the whole thread..........i havent worked or had an income since april.......slippin further into the red on a daily basis...........but.....im leavin for the burt sunday morning with a bunch of like minded misfits............bills all paid .......bike sorted and legal.......pets and property safe and catered for thanks to some other like minded misfits that couldnt make it.............so yeah.........lifes pretty rich for the moment

[AllanB]

Rich?

Based on our taxes anyone earning over 40K.


Stupid shits .......

[jonbuoy]

Don't care about the slightly better off most of you are talking about. This is the 'rich' the bitching is about ;

and the sadness of have the egalitarian society stolen by the greedy

Maybe the 1%´ers worked 99% harder than the 99%érs

[Headbanger]

Lol where all the new billionaires are from
.

Yeah, they got sick of having to be as broke as the cleaning ladies.