Are YOU Poor?, page-21

  1. 21,412 Posts.
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    "I would have thought $2Mn to be a suitable cap as it takes only $1.5Mn to provide more than the average wage in revenue without reducing the capital sum invested."

    Current adult average weekly wage is approximately $2,000.

    To earn $2,000 per week from $1.5 million, you'd need to be earning 6.9% p.a., whereas 5% p.a. is more likely, producing $1,442 per week....substantially less than the current adult weekly wage.

    Do I detect a tinge of envy in your post?

 
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