Are there any millionaires in the ATOT bunch?

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C

Chubbz

Golden Member
Oct 2, 2001
1,196
0
0
You know who you are.

And what do you do?

Or what would you do if you were trying to make a million dollars?

Karate Explosion.
 
Mo0o

Mo0o

Lifer
Jul 31, 2001
24,227
3
76
Originally posted by: DainBramaged
Originally posted by: KLin
I'm almost there. Only about $975,000 to go :thumbsup:.
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You poor person, I look down on you.
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Dont forget to post pictures of your toys in addition to looking down on him
 
K

kongs

Senior member
May 5, 2005
317
0
0
Did you know that if you invest $25 a month into a bank from the time you graduate highschool to when you retire you will be a millionaire? I know it may be too late for some of you, but I'm doing in right now!
 
I

iamtrout

Diamond Member
Nov 21, 2001
3,001
1
0
I am. Killing people FTW! I get to buy lots of weapons. I suppose I could donate to things like children's funds or cancer research, but........ I'd much rather just buy sh!t to kill people with.
 
A

Aimster

Lifer
Jan 5, 2003
16,129
2
0
Originally posted by: kongs
Did you know that if you invest $25 a month into a bank from the time you graduate highschool to when you retire you will be a millionaire? I know it may be too late for some of you, but I'm doing in right now!
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how the hell did you get $25 x 12 x 30 to equal $1,000,000?
 
Specop 007

Specop 007

Diamond Member
Jan 31, 2005
9,454
0
0
Originally posted by: Aimster
Originally posted by: kongs
Did you know that if you invest $25 a month into a bank from the time you graduate highschool to when you retire you will be a millionaire? I know it may be too late for some of you, but I'm doing in right now!
Click to expand...

how the hell did you get $25 x 12 x 30 to equal $1,000,000?
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The formula is a bit trickier. You have to account for interest.

That said, i still dont think it will put you anywhere near a million unless you calculate it with a ridiculous interest rate.

If you do $100 a month at 9% interest for 30 years you barely break into 6 figures.
 
H

hjo3

Diamond Member
May 22, 2003
7,354
4
0
Originally posted by: Specop 007
Originally posted by: Aimster
Originally posted by: kongs
Did you know that if you invest $25 a month into a bank from the time you graduate highschool to when you retire you will be a millionaire? I know it may be too late for some of you, but I'm doing in right now!
Click to expand...

how the hell did you get $25 x 12 x 30 to equal $1,000,000?
Click to expand...

The formula is a bit trickier. You have to account for interest.

That said, i still dont think it will put you anywhere near a million unless you calculate it with a ridiculous interest rate.

If you do $100 a month at 9% interest for 30 years you barely break into 6 figures.
Click to expand...
I did up a spreadsheet out of curiosity... at $25/mo. with 1% interest compounded monthly you get just under $300K at the end of year 40. To end up with a million, you'd have to get 1.32% interest compounded monthly. I'll have to work up one for doing the same thing with CDs, but I still doubt it's doable on $300/yr.

EDIT: Assuming 40 years of deposits/interest.
 
M

magomago

Lifer
Sep 28, 2002
10,973
14
76
I beleive Zebo is as well, but he hangs more in P&N.

I'd love to get paid for neffing, that is more sure ;)

As for me, I will be when I get out of college in a few years
 
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