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03-07-2014, 05:10 PM
(03-07-2014, 04:37 PM)Zelphon Wrote:Does that means with 1000K@7% can shake legs liu?(03-07-2014, 04:33 PM)Harvest Time Wrote: Assume 500k - 1st year expenses ($42K) and then multiply by (1 + interest/return rate), to get next year balance
500K with 1% return will last 12 years+
500K with 2% return will last 13 years+
500K with 3% return will last 14 years+
500K with 4% return will last 15 years+
500K with 5% return will last 17 years+
500K with 6% return will last 18 years+
500K with 7% return will last 22 years+
500K with 8% return will last 27 years+
500K with 9% return will last 48 years+
500K with 10% return will last forever as your balance keep on increasing
So those wil 500k should dump all their money into REITS that gives above 7% returns or more...
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.