360,000 miles a year is a pretty good start is what you meant to say. Gimme the 200k and I would play coin on a string with some of my favorite banks. Oh wait a minute, BTDT. And the RoR is multiples higher than 5%. The downside, of course, is that you pay no taxes.
Originally Posted by
lkar
If you can guarantee a 5 percent yearly return after taxes on a $200,000 investment that has zero risk whatsoever to principal and is completely liquid, please share.
I am not aware of anything close. Yes, you can possibly get better than 5 percent if you put your principal at risk. And maybe you can start to get upwards of 3 or 4 percent if you lock up your money.
But if I had $200k and did not want to put it at risk, and also potentially needed it somewhere other than in a maturing-nonliquid investment, 360,000 miles a year is pretty good.