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Save $500,000 as rainy day fund. Take $150,000 for personal living expenses (runway). Use $50,000 in $5,000 chunks for interesting stock investments. The last $
by OafTobark 13y ago
Save $500,000 as rainy day fund. Take $150,000 for personal living expenses (runway). Use $50,000 in $5,000 chunks for interesting stock investments. The last $50,000 in personal business expenses in getting something up and running (used wisely, sparingly, and when you have to.