True, but if you could save what you don't have to give to the government

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Oct 29, 2013
12:52:29pm

deek1906

True, but if you could save what you don't have to give to the government

after 10 years you'd have 3-4 Million, with the compounded interest.

Then you could live comfortably off of the $7,000 a week while your fortune grew exponentially. The best part about the growing due to interest is it's only taxed at the Capital Gains rate.

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deek1906

New username: TheDeek
Bio page: deek1906
Joined: Feb 27, 2011
Last login: May 17, 2014
Total posts: 0 (0 FO)

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Messages

Author

Time

PCH $7,000 a Week for Life:

deek1906

10/29/13 12:43pm

Buy a new Yugo

10/29/13 12:44pm

Every week for life?

Mikey

10/29/13 12:55pm

I thought that was just assumed...

10/29/13 1:08pm

Buy CB

Bronoc

10/29/13 12:44pm

Pay a lot of taxes

cheezedawg

10/29/13 12:44pm

Yeah. After federal taxes its probably only $4550

HuskerFan2

10/29/13 12:52pm

That's why you live in a state with no state income taxes.

Mikey

10/29/13 12:56pm

Move to a country with no income tax. Bermuda, Cayman Islands, Bahamas.

JAGA97

10/29/13 1:01pm

It would still be US source income. The result would not change.

CDV

10/29/13 1:23pm

You don't think a guaranteed $365,000 salary is enough to never work again?

ray ray

10/29/13 1:15pm

You realize that you were just saying that you will NET $202,800

tibbyss09

10/29/13 1:25pm

I wonder if he misread it to be $7k/month...

Illegal Jimmergrant

10/29/13 1:27pm

Must have. No other way to exlain it.

tibbyss09

10/29/13 1:28pm

Live comfortably for the rest of my life

VickVinegar

10/29/13 12:45pm

I'd like to say that I'd try to live my normal lifestyle for about 10 years

deek1906

10/29/13 12:46pm

After 10 years, it would be all H&B?

cheezedawg

10/29/13 12:48pm

No need to save anything if its guaranteed

VickVinegar

10/29/13 12:49pm

True, but if you could save what you don't have to give to the government

deek1906

10/29/13 12:52pm

Nothing is guaranteed when it comes to other entities paying you money

Sandstone Cougar

10/29/13 12:53pm

Start forming my Posse

Rich Lather

10/29/13 12:48pm

As little as possible

Sgt Schultz

10/29/13 12:48pm

I'd lower my standard of living and try to get by on it and stop working

BYUMizzou

10/29/13 12:48pm

My sister sat next to someone at a conference who won the lottery.

KingDave

10/29/13 12:49pm

i question the sanity of people who can't find anything better to do than go to

ds7

10/29/13 1:03pm

I think you underestimate the psychological value of being productive

workindev

10/29/13 1:53pm

There are plenty of ways I can be productive without working for pay. People

Sandstone Cougar

10/29/13 2:33pm

I think the point is that you still need structured, productive activities

workindev

10/29/13 2:41pm

question: if they stopped paying you, how many days would you keep showing up

ds7

10/29/13 2:50pm

Seems like an irrelevant question

workindev

10/29/13 3:01pm

Which brings me full circle. If the best thing you can think of doing with your

Sandstone Cougar

10/29/13 3:08pm

Where did I say you have to work for somebody else?

workindev

10/29/13 3:46pm

I believe they are "tithing free" income also since she did not really earn them

calvindyer

10/29/13 4:13pm

Perhaps splurge for an ostentatious 3,200 SF house

Sandstone Cougar

10/29/13 12:51pm

Sinner

KingDave

10/29/13 12:51pm

I think I'd find a job I really liked where I work about 30-35 hrs/week

KingDave

10/29/13 12:51pm

I'd take a job at a Golf Course... that way I could golf for free...

deek1906

10/29/13 12:54pm

I'd try and buy a golf course.

10/29/13 1:03pm

I call dibs on Fore Lakes!

10/29/13 1:51pm

i dunno but I won $5. Living it up now

El Joffrey

10/29/13 12:59pm

upgrade to a 2 bedroom apartment

BertoChavez

10/29/13 12:59pm

Start ma own church

10/29/13 1:08pm

You have more fun as a follower, but you make more money as a leader.

Sandstone Cougar

10/29/13 1:24pm

Money? I'm talking about women!

10/29/13 1:34pm

Tell my wife I'm going to work every morning.

10/29/13 1:14pm

I'd buy out the entire day of tee times every time I golf.

Caboom

10/29/13 1:16pm

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