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PostPosted: Tue Oct 09, 2007 7:28 am 
Not a Newbie I just don't post much!
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Joined: Fri Feb 17, 2006 3:02 am
Posts: 99
in addition to EC's items,
some one needs to explain to this girl of limited understanding
is that once you get into big league ball,
Net Present Value is a better metric than income,

$500K in income/yr is about equivalent to $5-10M depending on the return on investment you are getting, more or less,
so, if Mr 500K has current assets of 10M, then thats equiv to someone with 15-20M and no income, other than the income on investments.

also, pre-tax post tax "income" matters too, $500K pre-tax income is probably equiv to 300K post tax (Fed, state, property etc),
ie, some one with income from tax-free zones at 300K is equiv to 500K in 40% zone

all of which points to limited item 1 of EC's more complete evaluation,
and some how, i am not inclined to think the quality of 4 is going to be very good

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