Financial aid! 401k, IRA, stocks, bonds, CD's etc...?
Answers: That's a great question. But, the answer really depends on how much money you necessitate to live. Assuming that you can earn a 3% dividend yield, next every $1 million will give you $30,000 annually (not including taxes).
But, if you invested surrounded by something that could provide a 8% yield (most would agree that this isn't unreasonable for a portfilio of mutual funds), consequently that number turns into $80,000 annually (not including taxes).
However, if you are young, remember that what it costs to live when you are 20 is vastly different from what it may cost to lift up a family, buy a house, and convey kids to college when you are 50. You should do your best to factor those potential costs into your equation as well.
Best of luck towards earn your fortune!
Would 48 gallon drums of fuel gross a righteous investment?
The average long-term dividend-yield of the Dow is about 3.2%, so if you want to earn, enunciate, an average of $50K/year from dividends alone, you need to hold about a million-and-a-half invested within those stocks.
If you are willing to do a moment or two homework each quarter for your money, you can do significantly better by buying the "Dogs of the Dow"...
The interview is very subjective as your financial want depends on your lifestyle.
In General , if you invest Rs .5000/- p.m.for next 30 years contained by a dividend yield fund contained by a reinvestment plan. Probably you will leave your stability life on dividend.
It depends how infirm you are, what you invest in, what your risk aversion is, where on earth you live, etc. etc.
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