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Retiring @ age 23

Kroze

Kroze

Diamond Member
Put $60k into mutual funds gaining an average 10% a year. 6000/12 = $500 a month.

Move to Vietnam where it cost less than $200 a month to live like a king.


win @ age 23?
 
step 3. be constantly held up and robbed in vietnam. lose all asset, possibly life.

good luck out there


EDIT: good luck finding a mutual fund that gets a return of 10% a year after taxes, fees, and loads.
 
Sounds like a plan,
Go and do it.
Report back to us in a couple of months to let us know how your "kingyness" is going.
 
Originally posted by: robothouse77
step 3. be constantly held up and robbed in vietnam. lose all asset, possibly life.

good luck out there


EDIT: good luck finding a mutual fund that gets a return of 10% a year after taxes, fees, and loads.
Click to expand...

step 4. Get bird flu.
 
Step 1 - Get large cardboard box, rip off tab, write witty message, stand on corner and panhandle, sleep in remainder of cardboard box.

Step 2 - ...

Step 3 - Save $60,000 and avoid moving to Vietnam.
 
Originally posted by: Kroze
Put $60k into mutual funds gaining an average 10% a year. 6000/12 = $500 a month.

Move to Vietnam where it cost less than $200 a month to live like a king.


win @ age 23?
Click to expand...

you're a genius
 
Originally posted by: Kroze
Put $60k into mutual funds gaining an average 10% a year. 6000/12 = $500 a month.

Move to Vietnam where it cost less than $200 a month to live like a king.


win @ age 23?
Click to expand...

Please tell me where I may find these mutual funds that will gain 10% after taxes.
 
Originally posted by: DAGTA
Originally posted by: Kroze
Put $60k into mutual funds gaining an average 10% a year. 6000/12 = $500 a month.

Move to Vietnam where it cost less than $200 a month to live like a king.


win @ age 23?
Click to expand...

Please tell me where I may find these mutual funds that will gain 10% after taxes.
Click to expand...

Exactly.
 
Originally posted by: DAGTA
Originally posted by: Kroze
Put $60k into mutual funds gaining an average 10% a year. 6000/12 = $500 a month.

Move to Vietnam where it cost less than $200 a month to live like a king.


win @ age 23?
Click to expand...

Please tell me where I may find these mutual funds that will gain 10% after taxes.
Click to expand...

Weitz fund has averaged 16% a year for the last 20 years.
 
Originally posted by: iversonyin
Go back to China.
Build a village with $60,000

Collect Rent and retire.
Post on ATOT for life.
Click to expand...

and have the land reposessed by the government as soon as they figure out what you're doing?
 
Originally posted by: iversonyin
Go back to China.
Build a village with $60,000

Collect Rent and retire.
Post on ATOT for life.
Click to expand...

And get your village confiscated by the Chinese police in a month.
 
Originally posted by: dullard
Originally posted by: DAGTA
Please tell me where I may find these mutual funds that will gain 10% after taxes.
Click to expand...
Yep, the days of 10% are a distant past.
Click to expand...

Its really not that hard to get 10% out of the market. It depend on how much you are managing
 
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