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Are you a 1 percenter?

Discussion in 'Living Room' started by Peter_Tersteeg, 16th Oct, 2015.

?

Are you in the top 1% of the wealthiest citizens?

  1. Yes

    31 vote(s)
    55.4%
  2. No

    25 vote(s)
    44.6%
  1. Peter_Tersteeg

    Peter_Tersteeg Finance broker and strategist Business Member

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    Interesting article about wealth distribution

    http://www.theage.com.au/business/t...the-worlds-wealth-report-20151015-gkaide.html

    * US $759,900 = AUD $1,041,887
     
    Terry_w and larrylarry like this.
  2. D.T.

    D.T. Adelaide Property Manager Business Member

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    Can't say, might get arrested by that guy in the article's photo
     
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  3. Bayview

    Bayview Well-Known Member

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    * US $759,900 = AUD $1,041,887

    I was.

    But now I'm a millionaire in experience....:p:eek:
     
    Last edited: 16th Oct, 2015
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  4. WattleIdo

    WattleIdo renovating Premium Member

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    i.e. more than 1 million in equity, not debts, right?
     
  5. Chilliblue

    Chilliblue Well-Known Member

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    Right


    Great article @Peter_Tersteeg.
     
  6. Mombius Hibachi

    Mombius Hibachi Well-Known Member

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    Although I've always had a fascination with Outlaw Motorcycle Clubs, I'm not inclined to join.

    You are basically expected to give up your life entirely to the club. Not my scene, man.

    So, although I'd like to be a 1%er, I'll never be one.
     
    proper_noobie and bob shovel like this.
  7. The Y-man

    The Y-man Moderator Staff Member

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    Per person I assume, not household.

    The Y-man
     
  8. Chrispy

    Chrispy Well-Known Member Premium Member

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    But if you are the only person in the household :)
     
  9. mrdobalina

    mrdobalina Well-Known Member

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    Wonder what is the threshold for 1% for just Australia?
     
  10. Ace in the Hole

    Ace in the Hole Well-Known Member Premium Member

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    Where's China from Somersoft?
    He was always quoting some stat like that.
    Think it was something like 3 mil net.
     
  11. EN710

    EN710 Well-Known Member

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    Nope!

    Hasn't got there yet!
     
  12. EN710

    EN710 Well-Known Member

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    5 mil net
     
  13. skyfall

    skyfall Well-Known Member

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    Yep I think you need close to $6m net to be in the top 1%. Much easier to be top 1% in the world when billions have a net worth of less than $5,000.
     
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  14. MTR

    MTR Well-Known Member Premium Member

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    Perth, Melbourne, USA
  15. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    Yes for worldwide, no for Australia. ;)
     
  16. Bran

    Bran Well-Known Member

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    Nope, not even close.
     
  17. THX

    THX Well-Known Member

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  18. Ace in the Hole

    Ace in the Hole Well-Known Member Premium Member

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  19. THX

    THX Well-Known Member

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    *shrugs* probably no more accurate than any other measure. I think any of these comparisons are just mildly interesting.
     
  20. Ace in the Hole

    Ace in the Hole Well-Known Member Premium Member

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    If you earn $40/week in income, you're better off than 1/2 the worlds population.
    If you have $6000, you're better off than 1/2 the worlds population.
     
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