this post was submitted on 29 Nov 2024
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[–] skuzz@discuss.tchncs.de 15 points 4 days ago (3 children)

Moderate investing of $6.2 million with a 4-6% return would amount to a monthly payout of $25,833/month. Very comfortably.

[–] Serinus@lemmy.world 8 points 4 days ago (2 children)

Which is why it's really weird for people to be so greedy after they've already accomplished five million.

[–] Asafum@feddit.nl 3 points 4 days ago

Accumulating money is addictive. These people have an addiction problem and we all suffer for it :/

[–] DoYouNot@lemmy.world 1 points 4 days ago

If some is good, then more is better, right?

[–] Blass_Rose@pawb.social 1 points 3 days ago

And here I am glad that my savings account interest pays for my phone bill+90% of my car bill. Meanwhile I could just be buying a new car every month, instead, with a small loan of $6M

[–] Phoenicianpirate@lemm.ee 3 points 4 days ago

25,833 USD a month will result in the ultimate comfortable lifestyle. A big house, car, 100% Healthcare. Everything you could possibly need and a loy more.