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Unless that $1M is stuffed under your mattress, you likely have some income from is. Even sitting in a CD at 2% you'll be pulling in $20k/year - that's not "no
by lowercased 8y ago
Unless that $1M is stuffed under your mattress, you likely have some income from is. Even sitting in a CD at 2% you'll be pulling in $20k/year - that's not "no income".
What I think you mean is you don't have steady W2 income from an employer.
- DVassallo 8y agoTrue. I've put most of it in short-term US treasuries at ~2.5%, so making about that much after taxes.
- pvinis 8y agoI would much prefer reading a post about quitting to do something off your own, or just about setting up your own thing, without the money angle. A different post would inspire me to try too. A post like this one makes me sad to be less privileged. And I'm not saying that to make you feel bad or anything. People have different circumstances and make different choices for themselves, some biased by the circumstances and some not. I'm just saying it as a consumer of a text. Just throwing my opinion with no expectations of anyone catching it.