Anonymous wrote:Funny how folks quote HHI. I worked on Wall Street 30 years before taking a job in the D.C. Area. Folks always would rate rank on your income alone. Spouses income and investment income etc don't count. I say a guy making 350k starts a good income, 500k is next level and a one million salary is holy grail. HHI is not a good indicator of how well someone is doing.
Also middle class is a lifestyle not an income level. My old CEO lived in same house he always lived in since his 20s and gave 90 percent of income to charity. Most of rest was a trust for kids. He lived a blue collar lifestyle complete with a small split level on a 69x100 plot. Nice guy. The year we did IPO he made more than Oprah Winfrey or any pro player or singer. Still drove a minivan. His pay was around 100 million that year. Most stock as he founded company that did IPO.
Most here could learn a lot from this. But they won't, because they're too mired in greed to think about anything beyond hoarding as much money as possible forever and ever (praise Satan!).
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