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Topic$15,000/a week for one Year or $10,000/month for Life...
wolfy42
12/06/18 1:00:39 AM
#10:


So 60k a month for a year, or 10k a month for ever.

That is a net 50k more a month for the first year, or $600k extra cash in the first year.

Things get tricky there, because, in theory, you could use that $600k to make serious money buying and selling homes etc. If you doubled the money 2 years in a row, even after taxes you would have 2mill. Even a safe 5% a year on 2 mill is 100k a year, which is pretty close to 10k a month, and you have 2mill as backup.

So both options really work. It just depends if you are willing to put the effort in. $10k a month will set you up comfortably for life, without any work on your part at all.

honestly you could live fairly well even if you just got base interest off the first option though, it would basically make it about 10 years (after interest was added) before you ran out. And, if you actually used the money in any way to make more, even just doing it in your spare time, you could be way ahead.
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