Last week Fidelity Investments released it's annual "Millionaire's Outlook." The Millionaire's Outlook surveys around 1,000 families with at least $1 million in INVESTABLE assets (this doesn't include real estate and/or retirement accounts).
The Fidelity report found that 42% of millionaires don't "feel wealthy." In order to feel wealthy, they'd need at least $7.5 million in the bank. Keep in mind, the average U.S. family in 2007 had a net worth of around $120,000 (and that number includes real estate, people!).
I'm not surprised these people feel poor (these MFers always want more don't they?), but I am surprised they have the balls to tell the rest of us that they feel poor (that just shows you how out of touch with reality they really are). Wah, go to your beach house to cry, would ya?
Who do these Richie Riches think they are? They sit and whine during $500 dinners about how damn poor they are and then go home and pay their nannies/gardeners/housekeepers/drivers 5 bucks an hour plus last years' used Prada bag that "Madame" thinks is out of style now and then complain about how much the help is making for not doing much. You're right. Taking care of your snot nosed, spoiled brats or cleaning up your pee-stained toilet and skid-marked undies or mowing your 2 acre lot with a push mower because you like how it looks when it's done that way is sooooo much easier than whatever it is you do to make your money (I'm guessing your job has something to do with a pyramid scheme designed to launder money and bilk old people out of their savings.)
Do these people have any idea how the rest of the U.S. lives? Do they know that more than 20 million U.S. children receive free or reduced-price school lunches? Lunch costs 2 bucks. There are families out there who can't pull together $2 a day to feed their kid and these people are bitching that they don't feel rich? I want to drop the F bomb so much, but I will restrain myself.
But here's what you'll hear from these people: "I worked hard for my money." Yes, I'm sure some of you did, but I bet that for every one of you who did, there are 4 who are crooked. "I give a lot to charity." I used to work for super wealthy people and I know what charities they give to - asinine ones. The Republican Party (duh, they're not going to crap where they eat), no-kill dog shelters (I'm not going to bag on puppies, but I'll choose to help a human being any day over an animal.), obscure political organizations (usually right-wing, of course) and anything to benefit a golf course and/or polo field. So many times requests for money would come across my desk and I'd send them for approval. Republican Party: $10K, Puppies: $5K, Golf Course Renovation: $10K, Shelter for Women and Children: NO - SHRED.
20 million kids. I'm sure these people can imagine what 20 million DOLLARS looks like (they dream about it every night apparently), but can they imagine 20 million hungry kids? Not the kids you see late at night on TV in far away countries, but kids here in our country - in their town, maybe even at their kid's school. Imagine those families and how little they must have compared to these wealthy complainers. Try living in those (Payless) shoes for a day and maybe learn a little about feeling poor.
Eh, I don't know why I even bother trying to tell them about these kids, because I'm sure their response would be: "Let them eat cake." Which is why my response is: "Off with their heads." And, of course, a punch in the throat.
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