Your first million is the hardest. You know why?
Because unless you inherit it, you have to work, bleed, and fight for every penny of it.
It is either insanely difficult, or takes three generations…
But after that – well – you can put it in the market at 5 percent and breathe a little easier.
5 percent of a million dollars is $50,000, after all. It definitely gives you more options.
I will update this here when I get to my first million.
Ha. Your right.
I experienced, too, the truth of the observation, ” that after getting the first hundred pound, it is
to get the second,” money itself being of a prolific nature. more easy
-Benjamin Franklin, Autobiography of Benjamin Franklin