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      11-16-2011, 12:00 PM   #102
NOTFA5T
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Drives: 08 E92 M3 SC, 14 CLA 45 AMG
Join Date: Sep 2011
Location: Detroit, MI

Posts: 281
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2008 E92 M3  [0.00]
Quote:
Originally Posted by VVG View Post
Ever here the term "idle rich". This is what you are referring to. There is also the "working rich" which is probably the category that most M3 owners belong to. Sure there is money, but we have to keep working to sustain the lifestyle.

The problem is that you can't really lump the "top 1%" together. Here's why:

Example:

20th percentile=$20,000
99th percentile=$350,000

This is a factor of 17.5 over 79 percent of the population. The top 1%, however spans over a factor of 1000, if you take $350,000 as the bottom and $350,000,000 as the top (which is still a very conservative top number)

The top of the top 1% is in a far, far, far different place than the bottom of the top 1%.
Very strong point.
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