Re:The Hustler's MBA
by OldSchool on Wednesday September 26, 2012 @11:59AM
(#4576308)
You're dead-on in terms of the value of recurring monthly income, hopefully -passive- monthly income!
In today's zero-interest-rate environment it is very difficult to generate risk-free income from capital alone.
Instinctively it would seem that "a million dollars" is cooler than "$10K/mo with little or no effort/time commitment" but if it lasts, long-term the latter is actually more valuable.
In today's zero-interest-rate environment it is very difficult to generate risk-free income from capital alone.
Instinctively it would seem that "a million dollars" is cooler than "$10K/mo with little or no effort/time commitment" but if it lasts, long-term the latter is actually more valuable.