Define "Wealth".

[imotion s14]

Before someone gets cute and post the definition..

wealth


1. a great quantity or store of money, valuable possessions, property, or other riches: the wealth of a city.

2. an abundance or profusion of anything; plentiful amount: a wealth of imagery.

3. Economics . a. all things that have a monetary or exchange value.

b. anything that has utility and is capable of being appropriated or exchanged.



4. rich or valuable contents or produce: the wealth of the soil.

5. the state of being rich; prosperity; affluence: persons of wealth and standing.

Define what you think wealth is and what it means to you.

Go.

[Felipe]

2. an abundance or profusion of anything; plentiful amount: a wealth of imagery.

that covers some what every thing.

[BustedS13]

i think you should define wealth, since you're the one who knows what wealth is.

[h2v7]

its not just how much money you have its how much stuff you have liquid assets and all that stuff

[Otto347]

stuff

you could have a "wealth" of knowledge. just because you have "stuff" doesnt mean youre wealthy.

[sickstatus]

wealth = not broke

[imotion s14]

i think you should define wealth, since you're the one who knows what wealth is.

I know what wealth is to me. I want to know what YOU think wealth is to YOU.

[blueshark123]

what a stupid thread go define welath at school not zilvia where 90% of people dont have 50 bucks to there name

[imotion s14]

what a stupid thread go define welath at school not zilvia where 90% of people dont have 50 bucks to there name

No one is starving here. No one is without the basics.

Our needs are overwhelmingly met to the point that all we have left are wants.

That's why we're on a forum dedicated to a very expensive hobby (even if you factor in cheap Chinese knockoffs) where people pour a ton of disposable income into something that will sell for a fraction of the price later on.

[KA24DESOneThree]

Wealth is the point at which needs are immaterial and wants are nearly universally covered.

The point at which I consider a person to be wealthy typically starts at the $30 million mark and goes up from there.

[Otto347]

I think it would be shitty to be financially wealthy. If you could do or buy whatever you wanted then it would take the fun out of dreaming about one day owning this or that.

[kandyflip445]

http://28.media.tumblr.com/tumblr_lllydx9voo1qb4cg2o1_500.png

[jesse_s13]

http://28.media.tumblr.com/tumblr_lllydx9voo1qb4cg2o1_500.png

fuhhhhhk


:naw::naw:

Wealth: is not giving a fuck

[Kingbaby]

pic = /thread

[KA24DESOneThree]

I think it would be shitty to be financially wealthy. If you could do or buy whatever you wanted then it would take the fun out of dreaming about one day owning this or that.

You no longer have to dream if you can afford it.

Want a McLaren F1 as your next project car? Perhaps a S2 Elan coupe build? Maybe an M3 V8 in a '69 RS/SS Camaro?

I've met a lot of truly wealthy dudes who live bitchin' lives going places and doing things we just can't afford.

Also, kandyflip, is that your definition of wealthy?

[EhrikETFG]

inner happiness

[MandTPhotography]

Being surrounded by real friends, and the ability to buy things you want or need without ever having to worry about being able to afford it.

Money doesn't buy happiness but it buys things that can make you happy and provide life experiences and enrich yourself and others.

I believe life experiences are things that truly make you "wealthy."

[kandyflip445]

You no longer have to dream if you can afford it.

Want a McLaren F1 as your next project car? Perhaps a S2 Elan coupe build? Maybe an M3 V8 in a '69 RS/SS Camaro?

I've met a lot of truly wealthy dudes who live bitchin' lives going places and doing things we just can't afford.

Also, kandyflip, is that your definition of wealthy?

Nope, lol. I just put it up to give some perspective. For me, living in America, and talking about finances, it would have to be at the point that bills and paying for other things no longer cause me stress.

[Otto347]

You no longer have to dream if you can afford it.

I guess it was more geared tword working to acquire it. It makes it that much better when you do get it. Or at least thats how I see it.

[seesquared]

To me, wealth is not having the stress or worry to get by week to week, or even day to day.

For example, my main financial goal in life, is to be able to afford MORE time to not be at work.

Of course I would probably spend more money on a car or material items. But being into cars more would allow me to go to more events, whether it be a local meet, or a track event, or even just meeting with a few close car buddies for lunch/dinner.

I am closer than ever to replacing my 9-5 job with the making my own money.(I have been investing in various markets for years)

Basically, wealth to me is being able to do more of what you WANT to do, rather than doing what you HAVE to do. Now that's not saying I just walk around and do whatever I want, whenever I want. But I think you get the idea

[Fred Allen Burge]

This how I look at it:

Wealth = a combination of:
1. Lack of exposure (debt + overhead)
2. Cash flow
3. Cash reserves + value of all your property



Get #1 right first, you'll be safe
Get #1 and #2 down and you're getting somewhere
Get all 3 together and you begin to build wealth.

[Renzin]

.........

msglength

[Krazykouki]

Hmm...wealth...to me it is how tall I am while laying on my back.

I guess I am very wealthy.

[One_love_silvia]

http://28.media.tumblr.com/tumblr_lllydx9voo1qb4cg2o1_500.png

i am 8% of the worlds weathy? :O

[initial_jc]

wealth is having more then you need, enough fulfill your wants

but wealth cant be quantified, i will never say this is too much money in my bank account

[!Zar!]

Ultimate wealth is reaching all five steps of Maslow's hierarchical of needs.
http://upload.wikimedia.org/wikipedia/commons/thumb/6/60/Maslow%27s_Hierarchy_of_Needs.svg/450px-Maslow%27s_Hierarchy_of_Needs.svg.png

[LOUD240]

my def of wealth is - my daughter!i

[Kingbaby]

Definetly not my kid...however providing for him is...


I'd get sick in my soul if I couldn't provide...would have to hold up a bank

[Walperstyle]

Wealth to me: The ability to do anything anytime successfully without restraint

Knowledge in my world is often worth more then money. Knowledge gets money, and bypasses the need for money.

[godrifttoday]

You boys and girls want to know what wealth it? Wealth should simply be define by the power a person holds. Who are the top 1%? The most powerful and richest people in the world. It's about power.

[project_silvia]

wealth is buying a 10 piece chicken nugget eat 2 and throwing out the rest

[Walperstyle]

^lol best answer yet

[Akiros]

4m37JkkGjAY

[imotion s14]

So no one figured out that "wealth" is productive capacity?

Wealth isn't the quantity of a medium of exchange. If that was the case why isn't Zimbabwe the wealthiest country in the world?

They have stacks of this:

http://www.creditwritedowns.com/wp-content/uploads/2009/01/Zimbabwe-100-trillion.jpg

But zero of this:

http://www.automotorblog.com/wp-content/uploads/2010/10/2011-Nissan-Leaf-assembly-line-1.jpg

^That is wealth.

[Matej]

Hello people, now define 'freedom' please.

Three months from now I will post back here to tell you that you are all wrong and let you know my correct personal opinion on what I believe freedom to be.

[Kingbaby]

Where are you at?

[TheWolf]

So no one figured out that "wealth" is productive capacity?


Interesting you put this up. By tying wealth to productive capacity, then you essentially can define wealthy countries by ones having good work ethic and working ability and the poor ones by having no work ethic.

Watching discovery channel last night in "most dangers journeys"... There was a "bus service" were like 200 people hang off a 1 ton truck and go from one end of some african country to the other. In the middle of this trek, a giant mud hole is there from some rain storm and everyone has to get off while 5 people running the service try and use rocks, sticks and ropes to get this truck through the mud hole. Everyone else goes and sits under a tree.

As the camera man pan's over and interviews some of the people, they say "When you go back to USA, tell washington to come over and build us some roads". That struck me as quite peculiar as there are 200+ people sitting under a tree, their trip derailed, and their solution is the USA needs to fix this?? Not a single one of them picked up a shovel the whole time. They didn't look and say, geez if we band together this road will be awesome in like 1 or two days of labor. They sat, and sat and sat. Their best idea was for someone else to fix it. Never doing any work themselves. So if this is the case then maybe these african countries have a lack of "wealth". And with that, then, it's a social lack and distaste for wealth and no amount of money and "saving the children" will fix it. They actually want to starve and kill each other endlessly.

[Matej]

As the camera man pan's over and interviews some of the people, they say "When you go back to USA, tell washington to come over and build us some roads". That struck me as quite peculiar as there are 200+ people sitting under a tree, their trip derailed, and their solution is the USA needs to fix this?? Not a single one of them picked up a shovel the whole time. They didn't look and say, geez if we band together this road will be awesome in like 1 or two days of labor. They sat, and sat and sat. Their best idea was for someone else to fix it. Never doing any work themselves. So if this is the case then maybe these african countries have a lack of "wealth". And with that, then, it's a social lack and distaste for wealth and no amount of money and "saving the children" will fix it. They actually want to starve and kill each other endlessly.
Those are the same people that the US and other civilized countries (under US pressure) keep welcoming with open arms.

[dpak]

Ultimate wealth is reaching all five steps of Maslow's hierarchical of needs.
http://upload.wikimedia.org/wikipedia/commons/thumb/6/60/Maslow%27s_Hierarchy_of_Needs.svg/450px-Maslow%27s_Hierarchy_of_Needs.svg.png

qft. I just don't necessarily believe that the order is the same for everyone nor do you have to fully satisfy one need to be able to fulfill the next one.
Also, Maslow's definition of self-actualization is unrealistic. To not only realize, but to REACH one's full potential?
I feel like self-actualization should be realizing that you can not reach your full potential, to know that there is no cap, to become a life-long learner, that one must always better themselves so that they can also better help others.

To have wealth is one thing, to know the joys of being able to share it with others is completely different.

I also think you must have an awesome datsun, some cool motorcycles, and a doggy.. preferably a corgi or jindo.. :)

[mantas]

Well I'll just define the difference between wealthy people and rich as I see it.

Rich people have a lot of money. They might not have to work, but they usually get rich within their lifetime - lBill Gates, Steve Jobs, etc. Wealthy people come from money, and they get used to having anything they want. They only work to make a difference or to make a name for the family or for themselves, because money has no value to them. Think - race car drivers like Senna, Schumacher, Prost, most come from wealthy families, but they want to be the best at something. Wealthy people are not satisfied by money. They seek quality in life, not quantity. That's just my :2c:.......

[Walperstyle]

Hello people, now define 'freedom' please.


The ability to post your stupid opinions on the internet, Without it being from your parents basement.