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Let’s say I have five million dollars, cash. Do I a) move into a house on stilts in the most expensive state in the country and declare bankruptcy in a year after being unable to pay property taxes, or b) just buy a bigger house in the DC suburb I already currently live in for one million and then still have four million to play with
about 3 months ago from web-
@zeldatra Even at a 3% godawful return investment fund, you'd be getting 150k a year from 5 million.
Just invest it all in a low risk profile and pay a mortgage with the interest.about 3 months ago from web
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