Make money to live from? Nope. Without being risky, you could expect no more than 6% a year, and that doesn't take into account that there are bad years and good years.
For 6% to earn you $10,000 a year, you would need a base account of $166,666. In reality, it's much more, because in a down year you would withdraw more of your original amount than you would get back in future years.
2006-06-27 11:02:23
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answer #1
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answered by Polymath 5
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You mean make money that will be supplemental income? Not really, no. To make enough money through dividends (the easily moveable profit) you have to invest quite a lot or pick stocks that pay out large dividends, which is limiting. You can make a lot of money in the stock market starting off slowly, but its hard to generate a constant liquid cash flow doing that.
2006-06-27 17:52:31
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answer #2
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answered by renaissance_man_1981 2
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