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Politics : Formerly About Advanced Micro Devices
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To: Ali Chen who wrote (49598)2/16/1999 4:47:00 AM
From: Amy J  Read Replies (2) of 1572947
 
Re: " <AMD Sunnyvale RENTED whitehouse>
I am curious for how much it goes to owe a shanty
like yours (behind the AMD garbage bin). Just curious
how much a "millionaire" like you can afford
in the middle of Sannyvale slum."

Ali, you seemed rather interested in the profile of a millionaire. Here are the statistics and profile on this from a NY Times Best Seller book:

- a millionaire's median home price is ~ $330k.
(Note: similar to Sunnyvale's median price range)
- 50% of millionaires spent $24,800 to purchase their car
- 63% buy new cars, 37% buy used cars. They tend to hold onto their cars.
- 61% own a Ford, Chrysler, or GM car. Only 6.4% own a Lexus.
- "there is an inverse relationship between the time spent purchasing luxury items such as cars and the time spent planning one's financial future."
- "many people who have high-status artifacts, such as expensive cars, have little wealth."
- "millionaires spend more time planning their budgets and working on their investments."
- "millionaires tend to value their family's financial well-being more than status and they tend to not trade wealth for acquiring high-status material possessions."
- "millionaires tend to make wise investments and hold on to them for a long period of time."
It appears the person you compared yourself with could possibly fit this profile.
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