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Old 08-28-2019, 05:22 PM
Omar Little's Avatar
Omar Little is offline
Join Date: Apr 2000
Location: Within
Posts: 13,234
Originally Posted by iiandyiiii View Post
Thanks. If accurate, then this means any idiot who inherits $10 million can pretty easily live a very comfortable lifestyle without doing any work at all. In my experience, there are indeed a significant number of trust-fund babies who live comfortable lives while doing very little that's productive for society.
Does it make a difference if instead of inheriting $10 million that the individual earned and saved his $10 million through work, acting, playing basketball, singing in a band, and then they stuck it an low risk investment vehicle and earned approx. $200k + per year on the interest?