True for traditional investments. Some here are claiming that they are making such passive incomes via blogging / web and as such passive incomes are not capital intensive but effort intensive.
Quote:
Originally Posted by Unregistered
Lets do some guesstimates
To achieve passive incomes of $149K pa
At 3% ROI, it would take $4.9M in investment principal
At 5% ROI, it would take $2.98M
At 10% ROI, it would take $1.49M
Including his home, say a reasonable size condo, this should add another $1.8M to $2M
So, rough estimate, the total networth should be around $3M to $6.9M
Divide that by 2, each of their networth should range from $1.5M to $3.45M
|