Originally Posted by
ayya
How are you getting 360,000 miles a year? Isn't it 240,000 miles a year for the 200K deposit.
I agree it is way better return than most (if not all) investments where you want the principal to be liquid and not at risk.
A hypothesis Pretax number because if you park the money that earn monetary interest, you are taxed on the earning.
360K pre tax, 240K after tax, at a 33% tax bracket.
Originally Posted by
lkar
So, there are not 18 months in a year?
Ok, ok. Math is not my strong suit. What's 120,000 miles among friends?
Actually you can view the 360K as a pre-tax number and 240K the after tax number because a monetary earning would be taxable. And your number actually could be correct looking in this context at a 33% tax bracket.