Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Registered members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Open Chat
Open Talk
Wealth Number
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support AVForums:
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="santoshlv426" data-source="post: 951691" data-attributes="member: 1941"><p>Correct in terms of the X Rate. </p><p></p><p>That said keep in mind that based on the spot rate, you need R15M to be considered a USD millionaire, with a wealth number of 6. But the rand is undervalued so I think you can consider yourself a USD millionaire from about R12.5 - R13.5M in Net Worth. </p><p></p><p>And one must account for liabilities. IF you have a R4M house but still owe R2.5M, only R1.5M goes to your Net Worth.</p></blockquote><p></p>
[QUOTE="santoshlv426, post: 951691, member: 1941"] Correct in terms of the X Rate. That said keep in mind that based on the spot rate, you need R15M to be considered a USD millionaire, with a wealth number of 6. But the rand is undervalued so I think you can consider yourself a USD millionaire from about R12.5 - R13.5M in Net Worth. And one must account for liabilities. IF you have a R4M house but still owe R2.5M, only R1.5M goes to your Net Worth. [/QUOTE]
Insert quotes…
Verification
Post reply
Open Chat
Open Talk
Wealth Number
Top