“It's $300 million equity cap ... they'll generate $75 million worth of cash flow over the next year. They've got $100 million of net cash”
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Said on Monetary Matters with Jack Farley
“Once you get to 20 to $25 million, and you can start predictively making a million bucks a year off of that portfolio, you can start living a pretty great life.”
Adam Katz · Moneywise · How This Wealth Advisor Spends $1M/Year ($300K on Vacations)
Play from 56:07
56:07
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What was described
states that once you reach $20-$25 million net worth you can predictively make $1 million a year off the portfolio and money becomes largely irrelevant
$20-$25 million net worth; $1 million annual portfolio income
Said nearby on the same subject
“‘If the board could sign off a $20 million payout for doubling the share price in five years… it would be worth about 12% a year.’”
♫
Said on Motley Fool Money
“They've bought seven properties... portfolio worth close to $11 million... about $6 million worth of equity.”
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Said on Personal Finance with Ravi Sharma | Australian Finance & Property Podcast
“Our portfolio is 80 equities, 20 debt. ... we will be compensated more and make more money effectively off equities than we will bonds.”
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Said on The SME Stream
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