Tuesday, 21 April 2015
Rule of 72!!!
$100K passive income per year!
Sibei impressive!!!
@10% dividend yield. One needs $1M or 1,000,000 dollars!
7.2 years ago, @10% dividend yield. One needs $0.5M or 500,000 dollars to begin with continue forward!
Again another 7.2 years ago, @10% dividend yield. One needs $0.25M or 250,000 dollars to begin with and continue forward!
Again another 7.2 years ago, @10% dividend yield. One needs $0.125M or 125,000 dollars to begin with and continue forward!
Again another 7.2 years ago, @10% dividend yield. One needs $0.0625M or 62,500 dollars to begin with and continue forward!
How old were you when you have $0.0625M or 62,500 dollars to begin with?
To be able to re-invest @ 10% CAGR for 28 years, who are you as an retail investor?
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How often do we read people asking hard and real question on "How and where did you accumulate that $1m to generate $50K income?
ReplyDeleteThe Moral of the Story.
ReplyDeleteIt unwise to overlook prospect of your human asset to generate that kind of investing capital to put you higher up at pyramid chain to begin and reduce the no of 7.2 years to reach $1m for $100K passive per year. You should be more impressive with your own human asset.
2nd comment is yi zhen jian xue.
ReplyDelete