Page 85 - Charles Calhoun Book Rich As You Want To Be
P. 85
$640,000->$1,280,000->$2,560,000 -> $5,120,000
See table on next page.
Doubles Starting value $ 10,000
1 double $20,000
2 doubles $40,000
3 doubles $80,000
4 doubles $ 160,000
5 doubles $ 320,000
6 doubles $ 640,000
7 doubles $ 1,280,000
8 doubles $ 2,560,000
9 doubles $ 5,120,000
The above is a great result but would take lots of time (36
years), and good fortune in investing.
$5,120,000 is a nice amount of money or wealth. This
person would be a multimillionaire. That $5,120,000 would
produce an income of $409,600 per year without any need to
work. You would definitely be financially independent.
Meaning, you would be independent of working to produce
income. That income would be about $34,000 per month.
That is a princely sum. Most people would be very happy to
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