Saved 2026-05-15 · Posted 2024-04-02 · Status: New
Have you ever wondered how athletes go broke? One of the reasons is because they bought a house for their parents that their parents can’t afford.
Comments
(13)
@mcalpha6♥ 22024-05-17
Is this an ad for vanguard?
@prime_newengland_photos♥ 12024-05-09
Preeetty sure can't take it out each year with getting tax to death.
@joey.bare♥ 12024-05-06
Makes like 5-10% a year. Which one? Is it five or 10?
@0241_frakes2024-08-11
First, get 2 million dollars.
@nupe152024-07-27
Pay the current house off first, then this would be a great idea. What they do with the remaining 100 to 200,000 from the index fund is on them.imo
@issaqueenlavonda2024-07-13
VTSAX is better
@mattedwards19722024-05-28
You think it’s a Vanguard Index Fund? Either it is or it isn’t.
@danone872024-05-17
Capital gains at 20% will (assuming LTG) will leave you with 80k, also assuming a constant 10% gain every year.
@az.blockfences2024-05-13
🔥🔥
@mastersillinda2024-05-10
Go a step further and put the money in an irrevocable trust so that they can't withdraw the principal.
@bvillejefe2024-05-09
Why not buy property build a big house on it put it in a business name Llc(loan) in business name have corporate tax break build more houses on your estate and just pay tax on your business which owns the property and boom , you build on your property but pay tax on your property with multiply home sites on your estate.
@mountain_machine2024-05-07
5-10% that’s a big spread
@frankwhitedc2024-05-05
100%❤️
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Comments (13)
Is this an ad for vanguard?
Preeetty sure can't take it out each year with getting tax to death.
Makes like 5-10% a year. Which one? Is it five or 10?
First, get 2 million dollars.
Pay the current house off first, then this would be a great idea. What they do with the remaining 100 to 200,000 from the index fund is on them.imo
VTSAX is better
You think it’s a Vanguard Index Fund? Either it is or it isn’t.
Capital gains at 20% will (assuming LTG) will leave you with 80k, also assuming a constant 10% gain every year.
🔥🔥
Go a step further and put the money in an irrevocable trust so that they can't withdraw the principal.
Why not buy property build a big house on it put it in a business name Llc(loan) in business name have corporate tax break build more houses on your estate and just pay tax on your business which owns the property and boom , you build on your property but pay tax on your property with multiply home sites on your estate.
5-10% that’s a big spread
100%❤️