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Old 08-10-2006, 10:42 AM
Evan Evan is offline
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Join Date: Jun 2004
Location: startupping
Posts: 14,351
Default Re: \"Make a million $$ in a few minutes of work each day\"...good idea?

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Plan: take the job. Take the $1 mill, invest it in something very safe. Aggressively invest the profits from this safe investing (but always keep $1mill in fairly liquid assets that is invested at very low risk). Keep doing this job until you can't take it anymore. Result is (likely) alot more money than you could have made elsewhere working only a small period per day. The longer you do this, the better the pay gets (investments work that way). If you actually decide it's not that bad and stick it out, by all means go for the supervisor position.

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whats a good estimate of what you could make doing this for 5 years?(just the safest way) Any general guess will do.

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5 year treasury yield is 4.87% (source: http://bloomberg.com/markets/rates/index.html)

So if you bought $1MM in 5 year treasuries, in 5 years (depending on some yield curve assumptions) you'd have $1,268,157.29.
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