Billionaire Hedge fund manager Leon Cooperman is furious that poor people have received tiny checks to keep their kids from starving

[WoolyBugger]

I definitely did not say it was achievable for all. Just that you don’t have to be a doctor or finance guy to achieve it. I knew a secretary who retired with a million dollars in retirement accounts and other savings.

[Melizmatic]

[knoxblox]

[smulder]

@WoolyBugger

A million bucks doesn’t buy you what it used to

Apparently the term was coined to describe people with assets denominated in the livre tournois which was worth about 80 grams of silver at the time, so to be a millionaire under the original definition one would need at least $70 million in today’s money