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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Oh the real test is how much money you have in LIQUID ASSETS... Stocks, Bonds, Money Market, CD's, IRA's, CASH etc
Anybody can get have a high net worth if you include the ill liquid assets ....RE, and all other hard assets...
About 7 or 8 years ago Bill Gates took 5B out of Micro Soft...and gave it to a money manager...who put it basically into the MuncipleBond Market....from which Bill collects a mere 175M a year tax free.....
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"Some Observer"
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