03-30-2012, 07:40 PM
DeusxMac wrote:
I don't get the lowest 3 or 4 choices.
- If it would only take $100 for you to quit, why wait to win it in the lottery?
- $10,000 would only generate $500 a year at a 5% return. Again, if that's all you're waiting for...
- $100,000 win; that's only $5,000 a year at a 5% return. You'd need to have a pretty good stash to start with, to have this amount put you over the top.
- $500,000; that's $25,000 a year at 5%. That's only slightly above the poverty level for 2011 in the U.S. ($22,350.) I'd guess that wouldn't replace the loss of income from their job for most folks on this forum.
I think that was part of the joke… the first two are just beer money. The third is beer money and a paid of car and credit card. The 4th could go a long way if managed like a fiend… especially had it been put into Apple just 15 months ago (or that painful day in 96-97, where the stock was $3.78, when you could have bought 132,000 shares of stock — watch it split 4x, and now have $317,500,000.
Now that’s Loose Change We Can Believe In!