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Porsche-O-Phile Porsche-O-Phile is offline
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Join Date: Feb 2004
Location: A Rock Surrounded by a Whole lot of Water
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I think in this day and age, anyone who actually manages to have a positive net worth (in other words, they have more equity in their home than they owe, they have more in the bank than they owe on credit cards, student loans, car payments, etc.) is "rich". They're ahead of 99% of the people out there.

Basically, anyone that is not owned by someone else - a bank, a credit card company, etc. is "rich". Someone who can sustain themselves indefinitely against the onslaught of taxation is "wealthy".

It all comes down to sustainability. Someone who can be self-sufficient, I consider "rich". Someone who actually has a system in place where they take in more each year than they have stolen from them by the tax man - and can sustain it indefinitely, I would argue is either "wealthy" or well on the road to becoming wealthy.
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Black Cars Matter
Old 04-21-2008, 07:27 AM
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