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Living on the dividends from a 400k investment? That’s below poverty!
by Vaslo 6y ago
Living on the dividends from a 400k investment? That’s below poverty!
- elindbe3 6y agoThe poverty line is a general guideline. It doesn't take into account particular circumstances.
- Lionga 6y agoIt's acutally above avarage wage in most parts of the world
- yulaow 6y agoIn my current robomanaged investment fund I get roughly 9% yoy. If I had 400k invested I would get annually 30% more than the average salary in my euw first world country and basically never have to work for the rest of my life.
- gremlinsinc 6y agoI'm not sure what it would be exactly, on an average investment. However, living in Utah, I can survive on 4k a month, even 3k. Rent is 1400. Groceries, Internet, etc. Work from home means no commute expenses.