Bankruptcy

Amy Z lupinesque at yahoo.com
Fri Feb 13 02:11:40 UTC 2004


Steve "Financial Planner" bboy wrote:

> consider that at a 3%
> annual interest rate, you are generating $3 million per year in
> additional income. Three percent is about the equivalent of a 
CD
> (certificate of deposit) at a bank. Invested wisely, you should be
> able to get a return of 5% to 15% per year ( $5 million to $15
> million/yr ).
> 
> The people who drive themselves into the ground are the 
people who
> don't realize that the money train doesn't run forever.

Or rather, that it *does* run forever if you just abide by the simple 
rule of the intelligent rich:  Never Spend Your Capital.

I once entertained myself figuring out how much money Ross 
Perot would make every year if he just put his billions in a 
savings account that paid the usual under-2%.  It made me feel 
a little ill.

Amy Z





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