First, continuation of the 70 hours per week…, next paragraph “always available for work” is that for the 70 hours , or for some extra on top of that 70. Let say 80-90-100?

Second, define “hard work”… I work 12 Hours shifts, barely make the ends meet. How hard is hard, define “hard”. White collar, blue collar, no collar (t-shirt)…? What field of economy, production, services are they?

Third, “doing whatever you need to do to win.” define “whatever” that reminds me of an Austrian born dictator who did whatever he needed to do too (didn’t win)… 20+ millions died in 5 years. In legal terms, did they cross or not the law?

Forth, “trust the government”, define “trust”, trust of doing what? Giving me mid summer bonus? Auditing me? Checking my bank transfers? Wire tapping me? Keep their promises? Why would someone trust them at all? Or anyone else in that matter. Trust the government of doing what?

Thank you.
Nick

70 hours per week is that correct? I repeat per week?

A week has 168 hours, if we assume that that person takes one day off, not two. It still makes 11.6666… hours a day for six days straight, or 5 days 12 hours, one day 10 hours and one day off. And they enthusiastically ask for more???

I work 12 hour shifts myself and every minutes is counting minus two meals a day, 25-30min each. I can reassure you that there is no job that you can work 6 days 12 hours straight no brakes, and love it. After certain time you will get sick of it. There must be some moderation.

I’d buy it if these guys are lawyers. They can make 170 hours a week if you asking me and will make it absolutely legally. Sue them if you wish…

What is the average passive income of middle income millionaires?

Also, would you say that the MCMs have more in common with the traditional middle class or the traditional wealthy class?

Net worth and wealth aren’t the same thing. My net worth includes my home, my cars, etc. – all the stuff I posess. Now, since I still owe someone for some of that stuff (home, a car), I don’t really feel wealthy.

I have one more question. Do you think that the Silicon Valley area (and tech stocks, in general) skew the numbers above ‘reality’ for most of us?

What % of MCM’s are 2 income households?

1) I agree with the other thread: how many of these people are millionaires based on actual money assets (stocks, bonds, cash) versus having a bloated house equity and other assets inflating their net worth?

2) What is the breakdown in terms of industry/career paths that are seen? Are most of these doctors?

3) How many of them just hit the IPO lottery versus were able to do it through regular savings from normal wage labor (even if high salary labor)?

4) How many of them are workaholics.

Of all the middle-class millionaires out there, what % do they make up of all the people with the same qualities. In other words, of all the people that have the same characteristics of MCMs, what % have actually achieved the status?

Thanks for the opportunity!