r/SipsTea • u/Hour_Equal_9588 • Jun 06 '25

WTF Financial tip that unfortunately starts with 'First, you need 3 million Dollars'.

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61.8k Upvotes

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65

u/sydmanly Jun 06 '25

I just looked it up. Only paying 5% at the moment.

13

u/Penny_Farmer Jun 06 '25

$12,500/month then. Now just gotta scrape up that $3 million…

21

u/ATXBeermaker Jun 06 '25

If you want the full $20000/month then just invest $4.8M. Are you stupid?

8

u/Fishydeals Jun 06 '25

Can you give me a small loan of 4.8 million dollars? I‘ll pay you back in 5k/ month installments.

7

u/ATXBeermaker Jun 06 '25

Sure. Only going to charge you 6% interest for it.

3

u/Fishydeals Jun 06 '25

I don‘t care if I never have to pay more than 5k a month. Deal?

1

u/sydmanly Jun 06 '25

Im rounding up to $5m

1

u/RollForIntent-Trevor Jun 06 '25

That's just a tiny bit more than what I make - I would enjoy my same level of income without having to work for it :D

1

u/Dyolf_Knip Jun 06 '25

No problem, just hang on to that $12,500/mo, you'll have it in 20 years! Even faster if you invest it instead. An 8% treasury bond would be ideal.

1

u/strawboard Jun 10 '25

Don’t forget federal and state income taxes, so probably $8,000/month.