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Thread: TV residents: 39% are millionaires
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Old 09-05-2023, 04:57 PM
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thelegges thelegges is offline
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Quote:
Originally Posted by kkingston57 View Post
Doubt it. Today you can get 5% from a bank with no downside. 5 mil X.05 =250K a year plus SS and maybe a pension. Probably no mortgage and you are not touching your principal.
Or you have that 3% mortgage and a write off, while your money makes money.