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Thread: If you had 1 Mil.

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  1. #1
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    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 for FDIC Protection, 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.

  2. #2
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    Quote 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.

    Dumb move.. You can TRIPPLE THAT if you hustle a year or 2 out of it...

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