a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by user-inactivated
user-inactivated  ·  3026 days ago  ·  link  ·    ·  parent  ·  post: Daydreamers of Hubski, the Powerball is up to $1.3 BILLION. What would you do if you won?

10 million invested in muni bond funds returning 4-5% a year is 400,000-500,000 a year (mostly) tax free. That is .1% territory.





rinx  ·  3026 days ago  ·  link  ·  

I assumed 3% returns, lil bit of a safe margin. Takes me through high inflation years as well as major market events. Not that it matters, this is not a problem I'm going to have to worry about anytime soon.

user-inactivated  ·  3026 days ago  ·  link  ·  

Compound Interest is the most powerful force in the Universe.