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(, Sun 1 Apr 2001, 1:00)
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2.5 mill is an income of 125k a year at 5%.
I'd probably be boring and live off the interest, saving it up to buy things. It's unlikely I'd touch the capital. I've had too little for too long to risk blowing an opportunity like that.
(, Wed 16 Mar 2011, 13:06, 1 reply, 15 years ago)
But you could happily take 500-750k of that, buy whatever property within reason you want, have enough operating cash to last until the maturity, and then replenish the 500-750k at the end of 5 years; repeat ad-nausium.
(, Wed 16 Mar 2011, 13:12, Reply)
I'd be wanting to never work again, so I wouldn't be taking any risks with the money. I'd be happy to sit back on the interest and loaf around fixing up cars.
(, Wed 16 Mar 2011, 13:13, Reply)
I would like to see if I can make it off my own back.
(, Wed 16 Mar 2011, 13:24, Reply)
I'd buy up old cars, restore them and sell them on. I wouldn't really call that a risk as I'd be pursuing a hobby anyway.
(, Wed 16 Mar 2011, 14:17, Reply)
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