'Are you a millionaire?' poll discussion.

Nosmig

Lucky to be in B - but made redundant after working 40 years, so payout and pension makes up for poor pay, and I get some State pension. Looking back (it's easier) to post-war rationing and frugal upbringing, it helps one to value thrift in whatever form.

carrieon

OK I no i'm thick but i dont get this. is it just aimed at people who own houses? i live in a council house, live on Jsa, Owe £130 and have about £130 cash. So where does that put me. Or am i so poor i dont count. lol

Fulham_Mark

How come I am supposed to be in the evil top 1% of earners but languish in the middle of the wealth league here??

There is a lot of wealth out there, and lots of downsizing possible for people.

I wonder if the timing of a house purchase has a bigger impact on their wealth than their gender, skin colour of how many legs they have. If I had bought my place in 1998 I'd be loaded but instead I bought in 2006.

lynneinjapan

Ya1e wrote: »

Nice to see the vast majority in B and C, we must be doing something right!

I'd be interested to see peoples ages alongside the results. I'm going to assume that most of the b's and c's are getting on a bit shall we say, me included

I'm on the borderline between B and C (but put myself down as C since B covers such a huge range).

I'm 39 - far from being a baby boomer - but I was fortunate with my family background (not rich but canny Scots and very sensible with money) and I bought my first house in 1995, just as prices were starting to rise again after the market collapsed. I'm still in that house but have since met my husband (whose financial situation & attitude was similar to mine) and between us we've now got a property portfolio worth around £670K with outstanding mortgages totalling around £240K. Then there are share portfolios and pensions, so I might be just into category B, but not by much.

Strapped

donkingkong wrote: »

I've got a very, very large house too. Some people say it looks like Balmoral. But it's a merchant's house of the 19th century. It's not particularly att!ractive but it does me nicely.

:rotfl:I'm unfortunate enough to have "you" as my MP.

brightonman123

wow, supposedly there are 280 millionaires on here?! :beer:

[Deleted User]

Fulham_Mark wrote: »

How come I am supposed to be in the evil top 1% of earners but languish in the middle of the wealth league here??

There is a lot of wealth out there, and lots of downsizing possible for people.

I wonder if the timing of a house purchase has a bigger impact on their wealth than their gender, skin colour of how many legs they have. If I had bought my place in 1998 I'd be loaded but instead I bought in 2006.

Yeh. I reckon timing of house purchase makes a big difference.

I moved to current house when prices were dead low (£110K for 4 bed detached) and got a tracker mortgage at base + 1.1%. Tidy...

princessl84

My house is worth £183,533 with no mortgage thanks to an inheritance I also have my car which is worth about £20,000 plus savings and Investments

My H2B House which he rents out is worth £200,000 with a 35% mortgage again thanks to inheritance he also has savings & investments and his car

With out inheritance and hard work we wouldnt be as lucky

Mips

Whats the point of this?

Clever marketing trick to glean information?!

miss_renegade

I've put myself in 'G'. I'm 22, i don't have a mortgage, or own a car, i have about £1000 saved up but own all the furniature in my flat and i dont have any debts.
i wish i was in group 'A'!