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| *The Commerce Journal>>>Personal Finance |
Can you still say that you were a Millionaire at 29 with a Million in the bank, now at 35 you are broke? |
Who defines the term I was a Millionaire at the age of 29? Of course... You do. If it's factual. But why do you care? Sure, you can say anything you want. And I'm sure that happens often. Even at 35, you can do it again. you can say what you'd like freedom of speech just exsplain why My first million was the hardest to make, once that was accomplished, I took $800,000 and deposited $600,000 in 3 different banks (at $200,000 a bank). This generated interest. Not much, but everything helps at this crucial point. I took the remaining $400,000 and invest in 2 apartment buildings. Bought them outright for $320,000.. I charge $650 a month rent for 6 tenants, for both complexes. Which generate $7800.00 ($93,600). |
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