anybody here wealthy? or know someone who is wealthy?
Question by mookie123: anybody here wealthy? or know someone who is wealthy?
The “wealthy” I am using in this question is finanically wealthy.
I define wealthy as 500k in liquid assets/cash.
So is anyone here wealthy (by my definition) or know someone who is?
If so, what is your main source of passive income?
*I am asking this question because I am a curious guy…*
Best answer:
Answer by J-Pizzle
My father was worth over around a million dollars around 1987.
He got his money through the stock market, and flipping houses, and earnign money through real-estate. He was a real-estate agent, and owned his own construction company, so he could fix/flip a house, and sell it, and keep all the commission.
The stock market crash of the late 80’s changed all that though.
What do you think? Answer below!