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  1. #1
    Join Date
    Dec 2006
    Posts
    1,656

    Default Work for 6 months and have 30 years off?

    Is this able to be stated because it's posed as a question?

    If it was: "Work for 6 months and have 30 years off"

    Would that be allowed, Advertising Standards-wise?

    Just wondering, is all. To cover all outgoings, I need to earn roughly $80k per annum (lifestyle choices, ok). So that's 30 x 80000 = $2.4m in 6 months. Where do I sign?

  2. #2
    Join Date
    Aug 2008
    Location
    Brisbane
    Posts
    330

    Default

    I wonder if this is the new Richmastery? maybe you make bucket loads of money selling a new version of magical juice.

  3. #3
    Join Date
    Apr 2004
    Location
    Auckland
    Posts
    2,054

    Default

    1. Issue driving offense tickets?
    A few roundabouts here in Auckland you'd be half way there in a day!

    2. Charge small commission on parliamentary perks.
    Done in hours!

    Did you take 38% tax into account for that $80K?
    The three most harmful addictions are heroin, carbohydrates and a monthly salary - Fred Wilson.

  4. #4
    Join Date
    Dec 2006
    Posts
    1,656

    Default

    Good point! Shite, that means I need (approx) $120k. Which means they should be able to make me $3.6m, but I didn't adjust for inflation, so over 30 years, crikey, better make that a cool $10m, thanks.

  5. #5
    Join Date
    Dec 2006
    Posts
    1,656

    Default

    Which is $6868 per hour, 8 hour days. What a system!

  6. #6
    Join Date
    Oct 2008
    Location
    Auckland/Melbourne/ whereever the money is
    Posts
    1,402

    Default

    Kiwi- yr a stirrer !
    They only need to put things in place over those six months to generate your $120k per annum for the next 30 years - not impossible.

    Interestingly your $10mil only needs to be $10mil of income producing assets (not necessarily in equity).
    10mil x 5% = 500k per year
    Last edited by Keithw; 03-02-2010 at 10:23 AM.

  7. #7
    Join Date
    Dec 2006
    Posts
    1,656

    Default

    "Put things in place" sounds awfully like a wee bit more work required over the coming 30 years than the implied holiday that I am being led to believe is the outcome, though.

    The 10m was accounting for inflation. Remove that from the equation and it's 3.6m, and if it's not in equity then I assume I have the usual lending costs, which is then eating into my lifestyle-req'd monies, which means I'm NOT ON HOLIDAY like they suggest.

    A holiday is fishing, eating, drinking and sunning oneself.

  8. #8
    Join Date
    Feb 2008
    Posts
    287

    Default

    k1w1

    Easy... if you're a world #1 in any of the many pro sports, tennis, golf, F1, etc.

    Now... how gifted are you?

  9. #9
    Join Date
    Dec 2006
    Posts
    1,656

    Default

    Ahhh, but the problem there is that if I was world #1 in any of those games my lifestyle cost would be a tad higher than $80k pa, which would make their suggestion even MORE amazing!

    Rgds

    Philanderer Woods

  10. #10
    Join Date
    Apr 2004
    Location
    Auckland
    Posts
    2,054

    Default

    Get pregnant.
    Go on the DPB.

    Hopefully the little darling will leave after 30yrs.
    The three most harmful addictions are heroin, carbohydrates and a monthly salary - Fred Wilson.


 

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