Comment by factormeta
8 months ago
>The same way the wealthy will pay themselves a tiny salary and just live off the asset value of their stock.
When you say them living off the asset value of their stock, you mean the dividends from the stock?
8 months ago
>The same way the wealthy will pay themselves a tiny salary and just live off the asset value of their stock.
When you say them living off the asset value of their stock, you mean the dividends from the stock?
usually it's done by taking out a succession of loans, with the stock as collateral. that way the actual sale of stock is deferred until death