http://customsites.yahoo.com/financiallyfit/finance/article-108017-3016-0-6-steps-to-making-your-first-million
Who gets an 8% return on his/her investments? I want to bank where they're banking. It seems to me that if someone has a savings account that only has, at best, a 3% interest rate, it will take much longer to hit that first million; it seems to me that at current bank interest rates one would have to either invest more money per month or start investing once he/she gets his/her first summer or afterschool job at McWhatever or StarBlahs. This also doesn't factor in emergencies, like natural disasters or other reasons for having to leave your home NOW and start life over.
Daily Kitten Chat Forum » General Chat
Six steps to your first $1 million
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Anyone remember the Steve Martin bit on Saturday Night Live? "How to be a millionaire and never pay taxes. You're saying, Steve, how can I be a millionaire and never pay taxes? I'm going to tell you, because you can be a millionaire and never pay taxes. Here's how. First, get a million dollars..."
Posted 4 months ago by JoanfromNewJersey #
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