This time 2016, we'll all be millionaires

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Hart-floot replied

5 December 2006, 11:08
Originally posted by DimPrawn

Crack open the Lambrini Rodders.

http://news.bbc.co.uk/1/hi/business/6203964.stm

A quarter of UK households will have acquired dollar millionaire status in the next 10 years, Barclays say.
Eight million British homes will boast more than $1m (£526,900) in assets by 2016, the bank claims.

It also predicts the UK will play host to one million "super millionaires" with more than $3m in assets by 2011.

By 2011 the USD will be worth 10 pence! We will all be dollar millionaires Better stick to Renimbi's lol
Leave a comment:
expat replied

5 December 2006, 08:09
Originally posted by bobhope

FFS,

it won't matter if you have $1M if the average house costs £500k and a loaf of bread £10. Why do people thing that asset inflation is good whilst ipod and tat inflation is bad?

I suspect a few peeps here already have net assets > $1M

And you won't like it when the Wealth Tax comes along!
Leave a comment:
bobhope replied

5 December 2006, 08:04
FFS,

it won't matter if you have $1M if the average house costs £500k and a loaf of bread £10. Why do people thing that asset inflation is good whilst ipod and tat inflation is bad?

I suspect a few peeps here already have net assets > $1M
Leave a comment:
Carp3Di3m replied

5 December 2006, 07:24
cant wait till then
Leave a comment:
Lucy replied

4 December 2006, 10:42
Millionaires on paper DP !

Unless you fancy selling-off your bathroom ?
Leave a comment:
DimPrawn started a topic This time 2016, we'll all be millionaires

4 December 2006, 10:39
This time 2016, we'll all be millionaires

Crack open the Lambrini Rodders.

http://news.bbc.co.uk/1/hi/business/6203964.stm

A quarter of UK households will have acquired dollar millionaire status in the next 10 years, Barclays say.
Eight million British homes will boast more than $1m (£526,900) in assets by 2016, the bank claims.

It also predicts the UK will play host to one million "super millionaires" with more than $3m in assets by 2011.

Does this mean I can take the magnet off the electric meter now?
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