Multi-millionaire next door...  

redmustang91 57M  
8804 posts
3/23/2006 12:46 pm
Multi-millionaire next door...


A while ago there was a book about your neighborhood millionaire. With the rise in home values, many have a net worth over $1 million. Well that number is out of date. Many are into several million now given the resurging stock market and collectibles market. We have a neighbor couple that has a business and owns a number of properties. They live modestly, but are worth around $20 Million I estimate.

I have seen my retirement account surge 100% in the last 20 months! And while home appreciation is slowing in So. Cal., we still have over a $1 million in equity. My point being the winners of the lottery of life are doing quite well, while the ones at the bottom of the heap are struggling!

I do not feel guilty about succeeding, but wish the system took better care of those who are less fortunate. The US should provide universal health care and fix the Katrina disaster rather than waste money on the damn Iraq war. Eliminate pollution, and fix the highways, bridges and schools too!

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