Rapidcreek@lemmy.world to politics @lemmy.world · 8 months agoDonald Trump's collateral in $175m bond revealedwww.newsweek.comexternal-linkmessage-square34fedilinkarrow-up1108arrow-down110
arrow-up198arrow-down1external-linkDonald Trump's collateral in $175m bond revealedwww.newsweek.comRapidcreek@lemmy.world to politics @lemmy.world · 8 months agomessage-square34fedilink
minus-squareKairuByte@lemmy.dbzer0.comlinkfedilinkarrow-up3arrow-down1·8 months agoWhen you’ve got $1k in the bank, and you need 100% of that to live, you can’t really save. When you’ve got 1 million in a proper savings account, you’re getting enough a year to technically live off of through just interest. Properly invest that 1 million and you can comfortably live off the interest alone, and even compound that interest.
When you’ve got $1k in the bank, and you need 100% of that to live, you can’t really save.
When you’ve got 1 million in a proper savings account, you’re getting enough a year to technically live off of through just interest.
Properly invest that 1 million and you can comfortably live off the interest alone, and even compound that interest.