minus-squareZarmeck@sh.itjust.workstoAsk@lemm.ee•Would you rather have 2 million dollars now or 100k a year for the rest of your life? All tax freelinkfedilinkEnglisharrow-up21arrow-down1·30 days agoThe average return on investment from stocks for the last 150 years is around 9 to 10% worldwide. That includes a few world wars and pandemics. In the US, Canada and others, only half the money made in that way is taxed. 2 millions would net you 180-200k a year and you’d pay tax as if you made 90-100k. linkfedilink
minus-squareZarmeck@sh.itjust.workstoLemmy Shitpost@lemmy.world•We are so cookedlinkfedilinkarrow-up2arrow-down2·2 months agoIt does, in a quote. linkfedilink
The average return on investment from stocks for the last 150 years is around 9 to 10% worldwide. That includes a few world wars and pandemics.
In the US, Canada and others, only half the money made in that way is taxed.
2 millions would net you 180-200k a year and you’d pay tax as if you made 90-100k.