Would $2.8m be enough to live a life of luxury?

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YES but it still doesn't make you noble nor does it give you a personality.

vibal

more than enough to live like a king, eat like a pig, and die like a rat.

Ask me anything

well - just go away! you annoying twit!

waduck362000

Dude... $2.8m?! I'm sick of it.... chickenfeed man... do you realy think you can change the world with $2.8m?!

Bopols

You can't live a life of luxury on money you don't own. Go ahead and dream.

cherry a

Well Well Well, if it isnt Well

weng

So, you spent the $2.8M on yourself and not on projects for education and healthcare. And you call yourself noble. Phfffft!

Some dude

I suppose it depends on your definition of a life of luxery. Could you buy literally everything you ever wanted and hob-nob with the rich and famous? Unless your everything you ever wanted can be found at Wal-Mart, probably not.

However since with 2.8 million dollars even in the most basic of savings accounts you could easily get an interest rate with an APY of 4% which would yield over $112,000 dollars a year (and that's just usung a flat calculation, not taking into account compounding the interest), which is more than enough to live a pretty nice life without ever working or worrying about where your next paycheck will come from. And that's just with the most basic savings/investment plan. Obviously you could get more creative and get a better APY / ROI than 4%.

ScarletRaven

If you're the same Well, with an edit on the 2.8M gag...

You enjoy getting negative attention, don't you?

papars

YAP folks.....he means 2.8mn Turkish Lire.

u've almost repeated urself "2.8m" times, "2.8m","2.8m"

Leander

It is enough if an individual owns it but an organization that owns it make you question the depth or capacity of that organization because it is definitely a little amount that can probably last an organization for just 6 months.

$2.8 M is a big amount of money that a person can live with for less than a decade if an individual owns it. But if its an organization then it's just enough to help out some people in the present. $2.8M is a good amount of money but only for a small organization. A lot of companies have have more than 10 times that amount or even Millions of dollars to invest in the Philippines. It might be good in rural areas though for a short while.