I think you can count yourself as truly rich when you can start treating money as mainly a flow. The stock-like aspect becomes more a way to keep score in wealth competitions. Hmm. Competitive Wealthing as an Olympic sport.
You misunderstood. I meant a net worth of 50k is not sufficient, not that having liquid 50k does not count as net worth. That 50k will behave differently depending on how much more non-liquid net worth backs it up.
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Ok, so then $1mil assets with $50k liquid seems reasonable. Although once again if you really wanna speak your mind, $10mil would be advisable.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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