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Old 11-02-2007, 11:43 AM
McMelchior McMelchior is offline
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Join Date: May 2003
Location: WINNING #%$! flips ... OK?
Posts: 1,152
Default Re: How I Made 250k this year and have nothing to show for it.

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If you gave a large number of younger responsible people $250k each to invest (properly!), they could all retire early with ease.

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LOL!

You seem to have forgotten a few things ...

Like taxes, both from the original $250k earned within a year, and - since you cannot stove $250 away in a tax deferred IRA within one year - from the interest/distributions on the retirement account.

Yeah, they can retire early with ease ... if they continue to live with their parents!

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