Tommy, how do you generate income each month?
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Date: February 18th, 2022 8:41 AM Author: Charismatic step-uncle's house
i guess i spend so little i dont even pay attention, i keep like 30k in savings/checking
never really had to sell investments specifically to pay expenses, its never been an issue even when market tanks
but i live nicely on like 30-40k a year, i imagine if i spent 2-3x times that then it wld be an issue
(http://www.autoadmit.com/thread.php?thread_id=5034754&forum_id=2#43987733) |
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Date: February 18th, 2022 8:56 AM Author: Charismatic step-uncle's house
i dont even track it but prob getting 10-20k dividends, last year my investments went up 174k so thats like five years of living expenses
i mean if im at 1.2 million, i just need 2.9% to generate 35k, there's prob times when i will make a few thousands from selling CC's and ill move it from my investment accont to checking/savings but its not even something i plan or regularly do, just do it when notice my savings have gone below 20k or something
(http://www.autoadmit.com/thread.php?thread_id=5034754&forum_id=2#43987773)
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