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Originally Posted by rowan
You're forgetting tax, and more importantly, inflation... a 2% interest rate will probably not be enough to keep the value of your capital consistent over time.
Less of a concern if you don't plan to die with the equivalent of $1m in the bank though...  |
Well, in finland the capital gains tax is a solid 27,5%..
So it's a net profit of 1200 / month...so if you on top of that do something, like submit a gallery once a month. you should be able to live just fine.