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#7059987 - 05/09/13 12:47 PM Toronto home to 118,000 millionaires
Choco 'Nuck Offline
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http://www.thestar.com/news/gta/2013/05/09/toronto_has_118000_millionaires.html

Hope to join their ranks sometime.

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#7060005 - 05/09/13 12:52 PM Re: Torotno home to 118,000 millionaires [Re: Choco 'Nuck]
Screamin' Type-R Offline
The R stands for exactly what you think it does.
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ummm, most of us are there already, durrr. /csi

yeah and i bet most (but by no means all) of them... 1. didn't make their money here or 2. aren't originally from here (just have one of many homes here). the others are most likely the settled ones in the affluent t.o. neighborhoods.
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#7060102 - 05/09/13 01:42 PM Re: Torotno home to 118,000 millionaires [Re: Screamin' Type-R]
spnx Offline
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Not to sound like a jerk, but millionaire doesn't seem like that big a deal anymore.

My grandfather bought land in Rosedale and sat on it for a few decades before selling. He used to grow lettuce and radishes there.

He did ok with that - good eye for investment.
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#7060193 - 05/09/13 02:31 PM Re: Torotno home to 118,000 millionaires [Re: spnx]
Choco 'Nuck Offline
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^^ It is until you become one.
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#7060223 - 05/09/13 02:49 PM Re: Torotno home to 118,000 millionaires [Re: Choco 'Nuck]
Risky Business Offline
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Skimmed the article, but it said you need 30 million in net assets to be considered one (not including primary home).

Good luck with that rat race.

I don't even give a sh!t about being a millionaire, I could probably become one fairly quickly if I really pushed myself but my goals and expectations out of life have changed significantly from when I was 18 and wanted to be the CEO of ABC CO.

wat dat old age do?

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#7060228 - 05/09/13 02:52 PM Re: Torotno home to 118,000 millionaires [Re: Risky Business]
Euphoricuck Offline
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Registered: 11/05/03
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next yr baby
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#7060233 - 05/09/13 02:55 PM Re: Torotno home to 118,000 millionaires [Re: Euphoricuck]
titty sprinkles Online   pandAr
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Registered: 08/22/05
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sell house with M postal code...become millionare.

Edited by Flexin5 (05/09/13 02:55 PM)
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#7060393 - 05/09/13 04:30 PM Re: Torotno home to 118,000 millionaires [Re: Risky Business]
Choco 'Nuck Offline
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 Originally Posted By: Risky & Son
Skimmed the article, but it said you need 30 million in net assets to be considered one (not including primary home).

Good luck with that rat race.

I don't even give a sh!t about being a millionaire, I could probably become one fairly quickly if I really pushed myself but my goals and expectations out of life have changed significantly from when I was 18 and wanted to be the CEO of ABC CO.

wat dat old age do?

Says the guy who isn't even 30 yet
I just want one mill excluding primary residence. I don't need to be a multi millionaire

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#7060558 - 05/09/13 05:58 PM Re: Torotno home to 118,000 millionaires [Re: Choco 'Nuck]
JEFFOS Offline
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Registered: 01/27/00
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Being a millionaire fairly quickly is a bold statement playa.
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#7060611 - 05/09/13 06:22 PM Re: Torotno home to 118,000 millionaires [Re: JEFFOS]
Eddie_82 Offline
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I'd rather be a hundred-thousand-aire in Guyana.
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#7060643 - 05/09/13 06:37 PM Re: Torotno home to 118,000 millionaires [Re: Eddie_82]
Screamin' Type-R Offline
The R stands for exactly what you think it does.
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well, im placing a downpayment on one of these bad boys soon, vas meet you in the lobby?

http://www.livingshangri-latoronto.com/

anyone else?

private estate from 1M
residence from 2M
penthouse from 9.5M

/problem?
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#7060670 - 05/09/13 06:57 PM Re: Torotno home to 118,000 millionaires [Re: JEFFOS]
Risky Business Offline
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 Originally Posted By: JEFFOS69
Being a millionaire fairly quickly is a bold statement playa.


It really isn't, I suppose it depends on what field you are in and what you are willing to give up. In my field the upside potential is unlimited.

I think within 5 years I could reach that if I did the following changes:

1. Break up with SO since it won't last with my working hours.
2. Sell house, pull equity + sweat equity, will give me a good boost in liquid cash to invest. Go back to trading options.
3. Move downtown to some cheap rental.
4. Pull my network strings and get in any bank's trading/investment banking/wealth management/asset management/equity research floor.
5. Pick up a cocaine habit.
6. Work 60-80 hours a week.

With whatever spare time I have, I do small gig consulting in my specialty or teach at the college/university level for extra cash.

It's pretty doable, what the fuck is the point?

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#7060688 - 05/09/13 07:08 PM Re: Torotno home to 118,000 millionaires [Re: Eddie_82]
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 Originally Posted By: eddie_82
I'd rather be a hundred-thousand-aire in Guyana.


i'm sure you have more than $100 in your name..
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#7060960 - 05/09/13 09:26 PM Re: Torotno home to 118,000 millionaires [Re: titty sprinkles]
Choco 'Nuck Offline
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I know the "grinders" in the finance industry that pull 60 - 80 hour work weeks as the norm, but have huge bonuses. Can't do that shit after you are married if you want it to last. You'll just be paying alimony \:\)
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#7061205 - 05/09/13 11:09 PM Re: Torotno home to 118,000 millionaires [Re: Choco 'Nuck]
A2B-Lexus Offline
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Registered: 04/19/01
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http://www.wheels.ca/reviews/preview-bugatti-veyron-16-4-grand-sport-vitesse/

who was it that said they saw a Veyron going up the 400?? It was Jim Penzie from the star.

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#7061474 - 05/10/13 07:22 AM Re: Torotno home to 118,000 millionaires [Re: A2B-Lexus]
Screamin' Type-R Offline
The R stands for exactly what you think it does.
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 Originally Posted By: A2B-Civic
http://www.wheels.ca/reviews/preview-bugatti-veyron-16-4-grand-sport-vitesse/

who was it that said they saw a Veyron going up the 400?? It was Jim Penzie from the star.




have seen him and greame fletcher at our office once in awhile....wish he had that here when he came \:\(
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#7064565 - 05/11/13 10:14 PM Re: Torotno home to 118,000 millionaires [Re: Screamin' Type-R]
DoWnGEAR Offline
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Registered: 12/20/00
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Loc: Toronto, Ontario
Speaking of Grandparents....My Grandparents bought land in St. Catherines because at that time it was "supposed" to be the next big city and could have for the same price bought land in Toronto. It did not turn out to be the most lucrative of investments, especially when compared to Rosedale land.
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#7066473 - 05/13/13 01:41 PM Re: Torotno home to 118,000 millionaires [Re: Eddie_82]
Kid Bro Sweets Offline
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Registered: 11/09/06
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 Originally Posted By: eddie_82
I'd rather be a hundred-thousand-aire in Guyana.


in Zimbabwe 50 Cent is know as 500 Billion Dollars
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#7071762 - 05/16/13 08:44 AM Re: Torotno home to 118,000 millionaires [Re: Kid Bro Sweets]
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The R stands for exactly what you think it does.
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Registered: 02/20/01
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http://www.thestar.com/business/real_est..._to_see_it.html
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#7071787 - 05/16/13 09:05 AM Re: Torotno home to 118,000 millionaires [Re: Screamin' Type-R]
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haha, good on them. I wouldn't want nosey people all up in my house either if I was ballin like that.
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#7072757 - 05/16/13 03:38 PM Re: Torotno home to 118,000 millionaires [Re: A2B-Lexus]
titty sprinkles Online   pandAr
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Registered: 08/22/05
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 Originally Posted By: A2B-Civic
http://www.wheels.ca/reviews/preview-bugatti-veyron-16-4-grand-sport-vitesse/

who was it that said they saw a Veyron going up the 400?? It was Jim Penzie from the star.


i knew i wasn't seeing shit. i saw a bright hawrange something (thought it was that riced out benz) then it was a veyron..i was like wtf who's rich enough to be driving that??

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