Comment by edm0nd Comment by edm0nd 3 days ago 13 replies Copy Link View on Hacker News I'd gladly take such a payout.Split 2 ways, that is still 300k.Parked in an investment at 5% a year, that's an easy +$15,000/year for the rest of your life.
Copy Link nofriend 3 days ago Next Collapse Comment - Once the lawyers take their cut, you could probably split a ham sandwich between the two of you. Reply View | 4 replies Copy Link dylan604 3 days ago Parent Collapse Comment - Don't forget Uncle Sam's cut as well Reply View | 3 replies Copy Link wl 3 days ago Root Parent Collapse Comment - Compensatory damages aren't taxable income. Reply View | 2 replies Copy Link tiahura 3 days ago Root Parent Next Collapse Comment - Bzzt.Generally taxable unless exclusion applies. Main exclusion is personal injury. Reply View | 0 replies Copy Link dietr1ch 3 days ago Root Parent Prev Collapse Comment - Why isn't regular income compensatory damage then? Reply View | 0 replies
Copy Link dylan604 3 days ago Parent Collapse Comment - Don't forget Uncle Sam's cut as well Reply View | 3 replies Copy Link wl 3 days ago Root Parent Collapse Comment - Compensatory damages aren't taxable income. Reply View | 2 replies Copy Link tiahura 3 days ago Root Parent Next Collapse Comment - Bzzt.Generally taxable unless exclusion applies. Main exclusion is personal injury. Reply View | 0 replies Copy Link dietr1ch 3 days ago Root Parent Prev Collapse Comment - Why isn't regular income compensatory damage then? Reply View | 0 replies
Copy Link wl 3 days ago Root Parent Collapse Comment - Compensatory damages aren't taxable income. Reply View | 2 replies Copy Link tiahura 3 days ago Root Parent Next Collapse Comment - Bzzt.Generally taxable unless exclusion applies. Main exclusion is personal injury. Reply View | 0 replies Copy Link dietr1ch 3 days ago Root Parent Prev Collapse Comment - Why isn't regular income compensatory damage then? Reply View | 0 replies
Copy Link tiahura 3 days ago Root Parent Next Collapse Comment - Bzzt.Generally taxable unless exclusion applies. Main exclusion is personal injury. Reply View | 0 replies
Copy Link dietr1ch 3 days ago Root Parent Prev Collapse Comment - Why isn't regular income compensatory damage then? Reply View | 0 replies
Copy Link direwolf20 3 days ago Prev Next Collapse Comment - Which investment is that? Reply View | 3 replies Copy Link edm0nd 3 days ago Parent Next Collapse Comment - There are plenty of stocks, REITs, or ETFs that offer such returns.Me, personally, I'd dump it into $O aka Realty Income or JEPI or JEPQ.If you are risk adverse, just park it in VOO or SCHD. Reply View | 0 replies Copy Link jaapz 3 days ago Parent Prev Next Collapse Comment - World stock index funds yield something like that Reply View | 0 replies Copy Link Onavo 3 days ago Parent Prev Collapse Comment - Are you actually Michael from the channel? Reply View | 0 replies
Copy Link edm0nd 3 days ago Parent Next Collapse Comment - There are plenty of stocks, REITs, or ETFs that offer such returns.Me, personally, I'd dump it into $O aka Realty Income or JEPI or JEPQ.If you are risk adverse, just park it in VOO or SCHD. Reply View | 0 replies
Copy Link jaapz 3 days ago Parent Prev Next Collapse Comment - World stock index funds yield something like that Reply View | 0 replies
Copy Link Onavo 3 days ago Parent Prev Collapse Comment - Are you actually Michael from the channel? Reply View | 0 replies
Copy Link adrr 3 days ago Prev Collapse Comment - How much did they spend on lawyers? Reply View | 2 replies Copy Link jiveturkey 3 days ago Parent Collapse Comment - I would guess this would be a contingency case, which would typically be 40%. Reply View | 1 reply Copy Link adrr 3 days ago Root Parent Collapse Comment - What about the criminal lawyers that they needed when they charged with crimes? Did they get any money? Reply View | 0 replies
Copy Link jiveturkey 3 days ago Parent Collapse Comment - I would guess this would be a contingency case, which would typically be 40%. Reply View | 1 reply Copy Link adrr 3 days ago Root Parent Collapse Comment - What about the criminal lawyers that they needed when they charged with crimes? Did they get any money? Reply View | 0 replies
Copy Link adrr 3 days ago Root Parent Collapse Comment - What about the criminal lawyers that they needed when they charged with crimes? Did they get any money? Reply View | 0 replies
Once the lawyers take their cut, you could probably split a ham sandwich between the two of you.