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To: kattracks
I just reversed the math on these numbers and found something interesting.

I have heard the momma t's wealth is nearly a $Billion; but if only half of it were invested in investments that yield income, a 4% yield would earn $20,000,000. She "only" reported $5,000,000.

So she is either heavily invested in none income yielding investments or there's a rat around here.

But of course, there is a rat!

10 posted on 10/16/2004 12:07:55 AM PDT by Positive (There's nothing sadder than seeing a group of great ideas being murdered by a bunch of brutal facts!)
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To: Positive

bttt


14 posted on 10/16/2004 6:09:23 AM PDT by kcvl
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To: Positive

Nothing wrong with investing in Tax free munis. As for her other assets, she probably has alot invested in stocks, but doesn't show any income until sold.


16 posted on 10/16/2004 6:18:00 AM PDT by rocklobster11
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