03-14-2024, 12:17 AM
(03-13-2024, 11:09 PM)Ell Prez Wrote: That’s not generational wealth. That’s just wealth. $450k for 20 years isn’t generational. It’s just good living. $450k/year goes quick with a nice house and kids.You forget Higgins was already paid 8.6 million, sorry, earned over 5 million after taxes. That house should already be paid for in Cincinnati. Not to mention you cash out the investment after 20 years. Although Ohio may not be the best state for TBills, since you only pay fed taxes, not state or local taxes on them. Although recent TBill investments are offering up to 5.3%. And you can avoid federal taxes by using money to pay for your or your child's college. Just another benefit for the wealthy