That's a good definition. But IMHO it's rather more useful to define it slightly tightly.
My definition is (and I borrowed it from somewhere, like all other good things in life): "When I can live off the interest on the interest on the wealth". By today's standards of living, since I need about 25K p.m., assuming an interest rate of 7% post tax, it would probably imply Rs. 6.2 crores in the bank :) Mohit http://unjustly.wordpress.com http://www.linkedin.com/in/mohitmohit http://tinyurl.com/57lrf3 On Sun, Nov 16, 2008 at 11:50 AM, Chandrachoodan Gopalakrishnan < [EMAIL PROTECTED]> wrote: > On Sun, Nov 16, 2008 at 11:00 AM, Srini Ramakrishnan <[EMAIL PROTECTED] > >wrote: > > > On Sat, Nov 15, 2008 at 8:37 PM, Chandrachoodan Gopalakrishnan > > <[EMAIL PROTECTED]> wrote: > > [...] > > > Get rich? Definitely want to do that. > > > > Define rich. > > > > Enough wealth so all this list-making loses significance and I can do > anything I want and claim it is something I always wanted to do it. Even if > I'd just heard about this something y'day. > > C > > > -- > http://www.flickr.com/photos/ravages > http://www.linkedin.com/in/ravages > http://www.selectiveamnesia.org/ > > +91-9884467463 >
