Even if he only was left with ONE BILLION.
He could put that into a CD or a savings account with zero risk and even at a paltry 3% return earn, $30 million a year in interest alone, without ever touching the original $1 billion.
If your lifestyle is burning through more than $30 million a year, it’s time to reevaluate your choices.
OOOOOOOOOOOOOOOO I read that wrong, I thought it said $200 billion!
LMAO
never mind, too early, need more coffee
This means that a 3% savings account would lose (roughly) 11% in buying power every year
It's time to leave the dollar.
” a savings account with zero risk”
There’s no such thing.