A conversation with a financial advisor I had a few years ago. I should have asked him to elaborate. I do recall him mentioning that a large portion of that could come from dividends. And he was talking, if you invested money today, not 10+ years ago. Me thinks you'd need hundreds of thousands of dollars invested in anything in order to get a 20k return on dividends or in any other means a year out. The idea was to have money to use at will, without depleting the amount of the initial investment or number of shares.
I don't know if he was nuts but....now I kinda wanna get that crazy money. Edit- he meant able to make 20k immediately per year.
Submitted May 20, 2017 at 10:47PM by butterflytutu http://ift.tt/2rEMXGz