Comments on: Ebay Motor Adesa Auto Auction, The Best Place To Search For Cars

By: candes

candes — Wed, 31 Mar 2010 21:02:09 +0000

$10 Mill at about 6% should give you $600K, divide that by 12 = $50K per month. We are talking about investments, not rental property. It is a headache to maintain rentals.

Expecting 6% return is realistic and reasonable. Taxes, at say, 20% of $600 leaves you with $480 = $40K per month. That is a lot of money to spend in a month. You can't – even with a lavish lifestyle.

Our assumption here is 6% return. Higher than that is possible in good economic times.

Yes, you can retire for life. But the trick here is to start with $10M unless you win in a lottery.

My way of thinking is, if you start with $1M to $2M, you can lead a quiet, "comfortable" lifestyle without triggering any attention to yourself.

And, you will have a lot left over to help others who are less fortunate.

By: broom kaharpe

broom kaharpe — Sat, 27 Mar 2010 05:29:29 +0000

Car Auction Inc – Access Seized Car, Truck, Motorcycle, Van And More..

By: lilvey rone

lilvey rone — Thu, 25 Feb 2010 10:46:52 +0000

(MiamiHerald) A federal judge on Friday fined a Hong Kong-based company $10 million after the cargo ship it operated caused a massive oil spill in San Francisco Bay in 2007. Source

By: nes

nes — Fri, 12 Feb 2010 23:25:40 +0000

Celebrity-Signed Car Up For Auction In Oklahoma

By: oldfiebina

oldfiebina — Thu, 04 Feb 2010 06:55:41 +0000

Basically a Private seller drops his car off and tells them the minimum he will accept for the car. The associate then tries to sell the car for him as for much $$$ as possible, but it must meet the Sellers minimum.

The Seller gets rid of his car w/out any of the work, but he gives a percentage of the proceeds to the dealer.