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by muuh-gnu
4077 days ago
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> £20k/year doesn't actually strike me as that much. You should learn about investing. If he invested the initial amount without spending it, a moderate dividend yield of 3% would make him $15000 a year. Add 25 years of dividend growth, and he is probably receiving $50000-$100000 today, or even more if he reinvseted some of the dividends. |
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