Comments on: Made My First Million Dollars http://www.stevepoland.com/made-my-first-million-dollars/ Serial entrepreneur and former early @TechCrunch Writer. Tue, 07 Feb 2012 03:10:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Michael http://www.stevepoland.com/made-my-first-million-dollars/comment-page-1/#comment-1184 Michael Fri, 30 Nov 2007 17:25:46 +0000 http://stevepoland.com/?p=306#comment-1184 To me 'made' implies doing something active you can truly stand behind to make that million. I define 'making' a million as earning it either via investments or via my job. This is quite a bit different to me than being worth a million, winning a million, or marrying into a million. Your home is an investment, so the equity is is technically part of what you have earned on your investment, but unless you are actively 'playing' the housing market can you really hold your head up high and say you 'made' the equity in your house? Maybe some people can, I personally don't feel that way. To me ‘made’ implies doing something active you can truly stand behind to make that million. I define ‘making’ a million as earning it either via investments or via my job. This is quite a bit different to me than being worth a million, winning a million, or marrying into a million.

Your home is an investment, so the equity is is technically part of what you have earned on your investment, but unless you are actively ‘playing’ the housing market can you really hold your head up high and say you ‘made’ the equity in your house? Maybe some people can, I personally don’t feel that way.

]]> By: Paul http://www.stevepoland.com/made-my-first-million-dollars/comment-page-1/#comment-1183 Paul Fri, 30 Nov 2007 10:06:41 +0000 http://stevepoland.com/?p=306#comment-1183 Could that mean in a lifetime? Check out your records at Social Security. One year I updated my records and now every year I get a summary of how much I've earned in SSA dollars. It ain't gonna be a million for a while. I guess once (if ever) I hit that number I'll also be able to claim that I've spent a million as well. Make that spent a million plus change. Could that mean in a lifetime? Check out your records at Social Security. One year I updated my records and now every year I get a summary of how much I’ve earned in SSA dollars. It ain’t gonna be a million for a while. I guess once (if ever) I hit that number I’ll also be able to claim that I’ve spent a million as well. Make that spent a million plus change.

]]> By: Adam http://www.stevepoland.com/made-my-first-million-dollars/comment-page-1/#comment-1180 Adam Fri, 30 Nov 2007 03:34:27 +0000 http://stevepoland.com/?p=306#comment-1180 Still working on any version of $1M. I'll let you know what I think when I get to the first rung. Still working on any version of $1M. I’ll let you know what I think when I get to the first rung.

]]> By: Eric Nagel http://www.stevepoland.com/made-my-first-million-dollars/comment-page-1/#comment-1182 Eric Nagel Thu, 29 Nov 2007 20:25:56 +0000 http://stevepoland.com/?p=306#comment-1182 I'm going with the bottom number in Microsoft Money's account list. That's assets minus debts. Not quite $1mm yet :) I’m going with the bottom number in Microsoft Money’s account list. That’s assets minus debts. Not quite $1mm yet :)

]]> By: Josh20 http://www.stevepoland.com/made-my-first-million-dollars/comment-page-1/#comment-1181 Josh20 Thu, 29 Nov 2007 20:24:31 +0000 http://stevepoland.com/?p=306#comment-1181 Needs to be liquid. Anyone can be a millionaire on paper :). Needs to be liquid. Anyone can be a millionaire on paper :) .

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