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To: MNnice

$5.7 million in 20 year US Treasury bonds returns about 1% now. That’s 57,000 dollars/year.

Definitely not living large on that.


18 posted on 07/24/2020 7:55:03 AM PDT by glorgau
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To: glorgau
I assume he has other income.

An additional $57,000 a year of income would certainly help get the bills paid for most people.

19 posted on 07/24/2020 7:57:44 AM PDT by SamAdams76
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To: glorgau

Or one could invest that 5.7 million, or a large part of it, in something else and get a better return than 57 thousand a year. Maybe buying rental properties.


29 posted on 07/24/2020 9:15:59 AM PDT by lowbridge
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