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The couple in the article bought a home for €500,000 cash (no mortgage) and are making $130,000 a year just on dividends. You're probably right, but so is the p
by cableshaft 4y ago
The couple in the article bought a home for €500,000 cash (no mortgage) and are making $130,000 a year just on dividends. You're probably right, but so is the parent. They're wealthy millionaires.
According to this video[1], $1.9 million yielding 5.2% will give you $100k per year in dividend income, so they have to have even more than that invested.
[1]: https://youtu.be/DWu3oU6dcBs?t=772 https://youtu.be/DWu3oU6dcBs?t=772
- toomuchtodo 4y agoPoint taken. There’s always nuance.