Reply to: The Minted Thread

[Bagpuss]

Oh, thats fairly tame

[n5gooner]

http://forums.contractoruk.com/threadnav15347-1-10.html

[Bagpuss]

Having just read some one having a go at NGooner for saying he's loaded I would like to add.

I am also minted.

Anyone else minted?

MF in 'Let us experienced contractors get back to the boasting' Mode.

Where is the slanging match? Thank you

[n5gooner]

Im embarassed by what I earn. My Great great great great great Grandad had to work a lifetime to earn what I get in a day.

Talking of old people. DimPrawn that Noah popped in the office the other day looking for you. He wants that shekkel back he leant yeh.

I earn in a day what it takes my GF to earn in just over a week!!! I know she is underpaid for what she does (Airport and refuling inspections) sometimes life is not fair...

[MarillionFan]

Im embarassed by what I earn. My Great great great great great Grandad had to work a lifetime to earn what I get in a day.

Talking of old people. DimPrawn that Noah popped in the office the other day looking for you. He wants that shekkel back he leant yeh.

[Diestl]

I'm not sure I'd brag about only owning a 200k house... sounds a bit permie to me

One of my houses (which cost £68k 15 years ago -and long ago paid off the mortgage) is now (ridiculously)worth over £200k, but it's a dumpsville place and only benefits from a proximity to London. I would never ever consider going back there to live.

Also 70k @ year is no big deal for a contractor but I suppose it's all relative

Notice the + sign they are minmum figures.

[Troll]

I would define minted as owning your own 200k+ house with no mortgage, own a decent 30k+ car (no loan), no major debts and a good lump sum in the bank and or some investments, also still able to pull in 70k+ a year via contracting.

I'm not sure I'd brag about only owning a 200k house... sounds a bit permie to me

One of my houses (which cost £68k 15 years ago -and long ago paid off the mortgage) is now (ridiculously)worth over £200k, but it's a dumpsville place and only benefits from a proximity to London. I would never ever consider going back there to live.

Also 70k @ year is no big deal for a contractor but I suppose it's all relative

[bobhope]

A million isn't what it used to be. I would expect a lot (most) of people here would have net assets > £1m within 10-20 years.

[andy]

My definition of minted is a million quids including all assets

[Swamp Thing]

My teeth are minted at the moment, as I am enjoying a lovely courgette and mint soup...

[Diestl]

I would define minted as owning your own 200k+ house with no mortgage, own a decent 30k+ car (no loan), no major debts and a good lump sum in the bank and or some investments, also still able to pull in 70k+ a year via contracting.

[John Galt]

Anyone who has a go at somone for being minted is just jealous - loaded and proud of it

[ChimpMaster]

Define 'minted'.
Mr Easyjet said recently that 10million sets you up very nicely for a comfortable life of 1st class, best hotels etc and that you only really need any more for the crazy yachts/islands etc.
I am worth around 300k if I liquidise all assets, that ain't minted...

£10m would be nice. I tend not to look at my financial situation in terms of net worth - I prefer cash flow. To be more specific, how much money do I make from investments without having to do too much work. Examples are property rental yields, shares/dividends, premium bonds, bank interest etc etc.

I've always thought £5k a month would be a nice residual income, but I'm no where near that and to be honest it probably isn't enough anyway!

[DimPrawn]

House prices are going up 10% every year forever. I will be minted in 15 years time.

HTH

[lukemg]

Define 'minted'.
Mr Easyjet said recently that 10million sets you up very nicely for a comfortable life of 1st class, best hotels etc and that you only really need any more for the crazy yachts/islands etc.
I am worth around 300k if I liquidise all assets, that ain't minted...