To make $7,500 a year, even though it is a bad economy etc, would take at least $200k in the bank/investments. Even at 7.5% return which is really optomistic, you would at least need 100k investment to return 7.5k per year.
Therfore I figure anything making you 7.5k per year is at least worth 100k (given a buyer that has is willing to shell out flat value), so if I was offered 75k, then I would sell it.
For now, I will just keep cashing the checks.
I guess it is similar to those that will millions. 50,000 a year for life, or 2 million lump sum?
|