If you ever wanted to show off, why not buy a billion dollar house that will most likely impress just about anyone.  Well someone did it and built the world’s most expensive house. Mukesh Ambani, the fifth richest man in the world, built his house in Mumbai. This host costed $2 billion, is 550 foot high, 400,000 square foot home in which five people live.

Yahoo Finance actually takes you inside the house with photos of this magestic palace. Link

Take the large ballroom with 80% of its ceiling covered in crystal chandeliers. Does anyone need a house like this? No. But if you have billions of dollars why not? He created jobs for the indian people by using indian labor, indian materials, and purchasing property right in the heart of Mumbai.

I’d rather use my 2 billion dollars to buy 10,000 $200,000 homes around the world, but that is just my opinion…

Just flying the jet to a destination would cost more than some people earn in a year. Why buy a private jet when you can full size?

Overall Blackjack has some of the best odds in the casino, along with craps.  However all those old people sitting on the slot machines have the worst odds (besides roulette). You’ll also notice that the higher the amount of the slots, the better chance you have at winning. Putting your money in the 5 cent slots is actually riskier than the $100 slots. Still, people prefer the 5 cent slots simply because it takes less money to play, where as with blackjack, you’re throwing down $10 per hand often.

However, if you find yourself at the casino, here is a list of some games with the best odds to play with the % being the houses advantage.

Blackjack Single Deck 0.20%
Blackjack Double Deck 0.35%
Blackjack Four Decks 0.51%
Blackjack Six Decks 0.60%
Blackjack Eight Decks 0.63%

Craps Pass/Come 1.41%
Craps Don’t Pass/Don’t Come 1.40%

Slot Machines $.05 15.20%
Slot Machines $.25 10.20%
Slot Machines $.50 9.10%
Slot Machines $1 8.10%
Slot Machines $5 5.50%
Slot Machines $25 5.30%
Slot Machines $100 3.90%

If you counted all the money in the world, you’d end up with 10.97 trillon US-Dollars.  That leaves plenty of room for more millionaires to be created.  In fact, 18 percent of all worldwide households have at least $100,000 in value.

Of course everyone knows that with rising inflation and energy costs, a million today isn’t what a million was 5 years ago.  In any case, any millionaire is more than well off and can live that sweet life we all dream about.

What about those non  Millionaires?

People are living better and better each year no matter how much you earn.  Would you rather be a rich person in 1912 or a poor person today?  With increasing technology, even the poor can live better than ever, with even those earning minimum wage being able to afford what is needed for survival and even still finding extra cash for outside entertainment.

source: web.de

Plans have unfolded to launch WiMax right here in my city with access as low as $10 for lower income residents.

Why WiMax?
Consider that when you are always connected to the internet, the possibilites are endless.

A threat to the media companies
For one, calls using a cell will drop dramatically since you can make most calls using voip, which is free.

Radio stations might lose listeners to internet radio stations.

Local TV stations have to start offering internet broadcasts to compete with emerging internet tv stations.

When everything goes global and everything worldwide is placed in your fingertips, local media starts to worry. Who’s going to chose them when they can chose anyone? This little network puts choices in everyone’s hands, whether it be electronic or even internet shopping. Already retail stores are feeling the pinch against ebay and other online retailers…

It is more than 1,000 yards long, covers 20 acres, had a 115 ft deep end and holds 66 million gallons of water.

The pool sits right beside the sea in Chile as the biggest in the world.

Poor Person Way to Spend Money
Spend 100% of your income.   This way of spending is bound to send you into financial ruin.  Sure you’ll have some awesome stuff, but you’re bound to wind up poor.

Even Worse Way to Spend Money
Keep borrowing money and spending even more than that.   There are people who get credit credits and use credit cards to pay off other credit cards.  It’s like a juggling act, but it won’t go on forever.

Invest 10% and spend 90%
This is the typical financial plan.  It sounds like a great idea.  But when do you actually start saving that 10%?  I’m still getting those student loans paid off.  Then you have a car bill to pay.  Then it’s a house.  By the time you start saving the 10%, it just might be too late!

Save 90% and spend 10%
Sounds impossible right?  This is one reason why the rich get richer and the poor get poorer.  The rich can continue to invest 90% of their money and easily live off a measly 10%.  Lets say you make $30,000 a month and live off $3000 a month which is quite possible.  Meanwhile you are adding in $27,000 into your account. That adds up quick.

It would take someone 18 months to save half a million dollars at $27,000 a month in income.  What happens at half a million?  You can invest that money and earn a good $25,000 a year extra on top of your income with a good 5% return rate.

The More Money You Save…
Means more money you can invest.   If you spend all your cash you can’t invest it.  It’s nice to live in the now, but someday you want to spend all day on the beach right?

As if anyone actually needs this many speakers for their home theater system center?   The system uses a 18- x 10-foot Stewart screen, a dvd system that actually upscales movies from blu-ray’s 1080 resolution, and of course a couch with place for 3 people.  Who needs all those crazy lights up above?

Story and Photo via entgadget