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Originally Posted by Sunspot144 (Post 989609)

Yeeeep. Keep expanding and OP will reach what I can only assume their definition of rich is.

Originally Posted by phaz0rz (Post 989618)

That is it's very hard to find someone who will both manage accounts to my standards and work for less than $1500/mo.

Originally Posted by oompaloompa (Post 989626)

see lots of definitions, I am wealthy by yankee standard but not by sunspots.

Originally Posted by yankee (Post 989614)

I like to follow the loose definition of wealthy. Wealthy: Being able to live comfortably and pay all your bills without having a job before retirement or go to work daily. Pretty much only investors and business owners will ever be wealthy by that definition. There is other options such as lowering your costs of living etc..

Originally Posted by parsierngue (Post 989632)

By that definition, people on social security are wealthy. lol

Originally Posted by Lucynda (Post 989642)

I recommend using money you make from eBay to invest in offline investments that will create a passive income.

Originally Posted by karimlecavalier (Post 989646)

Yes online to offline

Originally Posted by Sunspot144 (Post 989620)

Think rich is living in excess, or ability to. Like Bill Gates buying a Lamborghini is like buying a stick of gum for your average man.

Originally Posted by ebaystealth1974 (Post 989938)

I never did the math myself, but I was reading an article where they compared the typical person with an average income seeing a penny on the ground, and passing it up, to the equivalent of what Bill Gates would be passing up.

FORTY FIVE THOUSAND DOLLARS!! :hail::hail:

Oh look, 45 grand on the ground... nahhh... don't have time to bend over... lol

Originally Posted by agent006140 (Post 989661)

No one gets rich working for others,that goes for ebay sellers working for Ebay.
Who is getting rich,it is the Ebay management,venture capitalist and those who have been granted stock options early.
Look at LYFT going public tomorrow,priced at what $80/share,think of the venture capitalist who wants to cash in so they can reinvest in other ventures,the one who has worked for peanuts but granted stock options .
Not the drivers who use their cars to chauffeur us here and there all day long and make barely minimum wage.
We can try,but few are going to become rich,thats the way it is,else Malibu condo will be priced in 100 millions,due to supply and demand.
As to many of us who have no backup,when you work on your P/L ,pay yourself a salary,this would give you some idea if your business will survive if you fall ill and pay someone to do your work,paying him what you pay yourself.
Do it and come back and tell us if you are still profitable

Originally Posted by sax4 (Post 989949)

Some people here could probably live the millionaires lifestyle, without actually being a millionaire, they can just move country to where the cost of living can be many times cheaper.

If you can make 5k usd per month in Eastern Europe(or many other places) then you will live like a King, even 2k usd will be very nice.

Nice apartment in centre of E European city $500
Utility bills $100
Cheap lunch in a restaurant $5
Beer $2
Cocktails $4
Uber is cheap
You can buy a nice property in the centre of a Unesco listed city for $1000-2000 per Sqm
Internet is often super fast and super cheap.
You can have a maid for $100-$200 a month who cooks all your food
Can have a personal trainer with you at the gym every time for peanuts

You can also save a sh*t tonne of money if you're disciplined.

Also, If you're a confident man who's got it together then you can do very well with the ladies in Eastern Europe, the women are traditional on the whole and are looking for the "provider" type. They are also not so bothered about physical looks compared to Western women, there are plenty fat, bald, 50 something year old men walking around with 20 something year old models, and they don't have a huge amount of money. In the West you would need Millions.

I really need to write the book :)

Originally Posted by sax4 (Post 989949)

Cheap lunch in a restaurant $5

Originally Posted by dan_ebay (Post 989968)

How is a 'cheap lunch' living like a king though?:d

I live in the Philippines half the year which is supposedly even cheaper but not really much cheaper if you want the nice things, often more expensive as there's little demand.
Spend about the same in the PH on food but worse quality here, more on electric, more on internet, more on my car, eating out is cheaper if an average place but the same or more for a nice place. I did have a cheap maid but she nearly burned the house down so no thanks lol.
Rental is the only thing that's cheaper but then buying a house is partly an investment anyway.

Originally Posted by sax4 (Post 989971)

Well Kings also eat Sandwiches for lunch sometimes :)

Yes Phillipines is one of the places I haven't been in SEA due to what i've heard about the food amongst other things. Food prices prices in UK relative to salaries are quite reasonable, but then again much of it is GMO and tasteless.

Generally where I spend a lot of time everything is cheaper apart from imported food products,branded clothing etc.

My phone plan is 4 Euros a month which gives me 20GB data and more minutes then I could ever need.

My friend had a maid, she left the iron on in his apartment and caused a lot of damage. Also another friend's maid died recently, that's the problem when you hire old ladies.

Originally Posted by Lucynda (Post 990721)

My idea of rich would be 4 vacations a year. Knowing my bills are paid and groceries and gas are bought without needing a job to do so. Seeing something cute in a facebook add and being able to buy it without hesitation. Being able to eat out 3-4 days a week.

Originally Posted by yankee (Post 990722)

so you want to be middle class but not have a job?

Originally Posted by phaz0rz (Post 989636)

I think you'd be shocked how uncomfortably people on social security live. :violin:

Originally Posted by cafonabob (Post 990810)

Nobody gets rich on eBay unless they were rich already. If you are clever, work hard and are responsible and don't have bad luck sure you can make more than at a normal job but then you grow and invest more and these coc*suckers will limit your account and ruin your business and you lose everything. Anyone saying they get rich on ebay working 5 hours a day is full of sh*t or a scammer. This is just another venue for selling products but whatever you are selling, you should be able to sell in other places too. Otherwise your business model is bad. Ebay is just another market to sell in. It isn't the monopoly it was 5 years ago.