Retiring @ age 23

[Kroze]

Put $60k into mutual funds gaining an average 10% a year. 6000/12 = $500 a month.

Move to Vietnam where it cost less than $200 a month to live like a king.


win @ age 23?

 

[robothouse77]

step 3. be constantly held up and robbed in vietnam. lose all asset, possibly life.

good luck out there


EDIT: good luck finding a mutual fund that gets a return of 10% a year after taxes, fees, and loads.

 

[kyzen]

"like a king" in vietnam is probably similar to "like lower middle class" in the US

 

[ragazzo]

Vietnam is nice to visit, but I wouldn't want to live there.

 

[thereds]

Yea, but have accounted for high speed internet in that $200?

 

[BurnItDwn]

Sounds like a plan,
Go and do it.
Report back to us in a couple of months to let us know how your "kingyness" is going.

 

[JRock]

<ali g>Why was there so many sick animals in Vietnam?</ali g>

 

[Bootprint]

Originally posted by: robothouse77
step 3. be constantly held up and robbed in vietnam. lose all asset, possibly life.

good luck out there


EDIT: good luck finding a mutual fund that gets a return of 10% a year after taxes, fees, and loads.

step 4. Get bird flu.

 

[five40]

I want pics of the type of house/area you'll live in for $500/mon.

 

[Kwaipie]

Step 1 - Get large cardboard box, rip off tab, write witty message, stand on corner and panhandle, sleep in remainder of cardboard box.

Step 2 - ...

Step 3 - Save $60,000 and avoid moving to Vietnam.

 

[xSkyDrAx]

Originally posted by: Kroze
Put $60k into mutual funds gaining an average 10% a year. 6000/12 = $500 a month.

Move to Vietnam where it cost less than $200 a month to live like a king.


win @ age 23?

you're a genius

 

[bigrash]

Originally posted by: five40
I want pics of the type of house/area you'll live in for $500/mon.

actually for $500/mth you'll be living nice in vietnam

 

[DAGTA]

Originally posted by: Kroze
Put $60k into mutual funds gaining an average 10% a year. 6000/12 = $500 a month.

Move to Vietnam where it cost less than $200 a month to live like a king.


win @ age 23?

Please tell me where I may find these mutual funds that will gain 10% after taxes.

 

[iversonyin]

Go back to China.
Build a village with $60,000

Collect Rent and retire.
Post on ATOT for life.

 

[Bootprint]

Originally posted by: five40
I want pics of the type of house/area you'll live in for $500/mon.

Well for $122 a month you can live over the "Happy Me" Rub house.

 

[Ausm]

Originally posted by: ragazzo
Vietnam is nice to visit, but I wouldn't want to live there.

I wouldn't go that far...


Ausm

 

[five40]

Originally posted by: bigrash

Originally posted by: five40
I want pics of the type of house/area you'll live in for $500/mon.

actually for $500/mth you'll be living nice in vietnam

I believe you. I just wanna see pics.

 

[acemcmac]

Originally posted by: DAGTA

Originally posted by: Kroze
Put $60k into mutual funds gaining an average 10% a year. 6000/12 = $500 a month.

Move to Vietnam where it cost less than $200 a month to live like a king.


win @ age 23?

Please tell me where I may find these mutual funds that will gain 10% after taxes.

Exactly.

 

[JLGatsby]

Originally posted by: DAGTA

Originally posted by: Kroze
Put $60k into mutual funds gaining an average 10% a year. 6000/12 = $500 a month.

Move to Vietnam where it cost less than $200 a month to live like a king.


win @ age 23?

Please tell me where I may find these mutual funds that will gain 10% after taxes.

Weitz fund has averaged 16% a year for the last 20 years.

 

[acemcmac]

Originally posted by: iversonyin
Go back to China.
Build a village with $60,000

Collect Rent and retire.
Post on ATOT for life.

and have the land reposessed by the government as soon as they figure out what you're doing?

 

[Baked]

Originally posted by: iversonyin
Go back to China.
Build a village with $60,000

Collect Rent and retire.
Post on ATOT for life.

And get your village confiscated by the Chinese police in a month.

 

[dullard]

Originally posted by: DAGTA
Please tell me where I may find these mutual funds that will gain 10% after taxes.

Yep, the days of 10% are a distant past.

 

[Remy XO]

The price you have to pay to hear the vietnamese language... not worth it

 

[Mrfrog840]

we wont be seeing you when you move there

 

[iversonyin]

Originally posted by: dullard

Originally posted by: DAGTA
Please tell me where I may find these mutual funds that will gain 10% after taxes.

Yep, the days of 10% are a distant past.

Its really not that hard to get 10% out of the market. It depend on how much you are managing