
Originally Posted by
Interlude
Let see, buy a Villa & Trasportation in Vietnam: 300,000 USD.
Take 200,000 USD and put in their International Bank, getting 12% interest rate in VN money. Annual Interest (corrected to USD) = $24,000
Take the remaining 500,000 USD, split into 5 Accounts, put in the HSBC Direct Regular saving account with IR at 5.05% (as of now). Annual Interest = 25,250 USD
Total Yearly income = 49,250USD.
Average Monthly spending (Living large): 1,000 USD
Totally Yearly Spending: 12,000 USD
Totaly Yearly Remaining to be added to Savings & Interests: 37,250 USD
Average 3-year term interested saved: 111,750 on compound interests.
Living my dream as a King in VN, not having to work nor own any business: Priceless.