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Old 09-29-2006, 12:10 AM
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safari safari is offline
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Default Re: How Much Investment Needed to Earn $1000 a Month?

$1000 a month would give you $12,000 a year, so considering E-Loan's 5.5% rate, you'd need to deposit $218,182 to give you that income. Of course, if you have that kind of money, it wouldn't make sense to keep it all in a savings account.
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