Quote:
Originally Posted by ThaVirus
It's great that he's got some knowledge on the subject but he said they could get 10% returns from just keeping their money in the bank but I don't know of any bank that'll give you that kind of interest on savings accounts.
|
Not that I'm a financial advisor, but one should err on the side of conservatism and say the market return should give you 7% annually.
I think he was just using $100K/10% in the bank for illustrative purposes.
__________________
Chiefs 2016 Opponents:
Home: JAX, TEN, NO, TB, NYJ. Away: HOU, IND, ATL, CAR, PIT
Chiefs 2017 Opponents:
Home: BUF, MIA, PHI, WSH, AFC North. Away: NE, NYJ, NYG, DAL, AFC South
|