Tiger Board Logo

Donor's Den General Leaderboards TNET coins™ POTD Hall of Fame Map FAQ
GIVE AN AWARD
Use your TNET coins™ to grant this post a special award!

W
50
Big Brain
90
Love it!
100
Cheers
100
Helpful
100
Made Me Smile
100
Great Idea!
150
Mind Blown
150
Caring
200
Flammable
200
Hear ye, hear ye
200
Bravo
250
Nom Nom Nom
250
Take My Coins
500
Ooo, Shiny!
700
Treasured Post!
1000

YOUR BALANCE
Maffs on Big Money
storage This topic has been archived - replies are not allowed.
Archives - Tiger Boards Archive
add New Topic
Replies: 6
| visibility 1,334

Maffs on Big Money


Nov 17, 2020, 12:49 PM

Invested with almost Zero Risk in State Bond Issuances that are Federally Tax Exempt one could with near 100% assurance collect 4-5% Federally Tax Free.

Take $15MM x 4% = $600K. Could you live on $600K/year for just getting your fat, greasy, awkward asz out of bed for life? and never touch your principal of $15MM?

2024 orange level memberbadge-donor-15yr.jpgmilitary_donation.jpg flag link military_tech thumb_downthumb_up

He's sitting on closer to $21 million...


Nov 17, 2020, 1:03 PM

based on what he got from Florida combined with what he'll be receiving from uof6c which is $850K annually if invested as you suggested.

I think I could manage to just scrape by on $850K annually.




2024 orange level memberbadge-donor-20yr.jpg flag link military_tech thumb_downthumb_up

Sometimes good things fall apart so better things can fall together.


Re: He's sitting on closer to $21 million...


Nov 17, 2020, 1:05 PM

But can his wife manage on only $850K?
That’s the real question.
Wives’ lawyers always seem hung up on that “manner to which they’ve become accustomed” stuff.

2024 orange level memberbadge-donor-15yr.jpg flag link military_tech thumb_downthumb_up

"Anybody that says Coach Brownell is the best coach to come through Clemson is going to start an argument." -JP Hall


Re: He's sitting on closer to $21 million...


Nov 17, 2020, 6:59 PM

I don't know if I could manage to live on $850,000. per year but if someone would provide the funds, I'm willing to try.

badge-ringofhonor-joe21.jpgmilitary_donation.jpg flag link military_tech thumb_downthumb_up


Does the buyout stipulate that he has to get out of bed


Nov 17, 2020, 1:09 PM

every day?

badge-donor-05yr.jpg flag link military_tech thumb_downthumb_up


Based on Performance I Think He's Been Sleeping a lot***


Nov 17, 2020, 1:53 PM



2024 orange level memberbadge-donor-15yr.jpgmilitary_donation.jpg flag link military_tech thumb_downthumb_up

Re: Maffs on Big Money


Nov 17, 2020, 2:28 PM

There's inflation risk there.

An annuity plus a mixture of bonds and stocks would be the safest decision.

Health care is the usual concern so don't neglect a high deductible insurance policy.

2024 orange level memberbadge-donor-10yr.jpg flag link military_tech thumb_downthumb_up

Replies: 6
| visibility 1,334
Archives - Tiger Boards Archive
add New Topic