Phisher
Confused about dryer sheets
Hello Everyone,
My name is Brian I am closing in on 54 years of age. I would like your opinions on the sale of my business. Holding a note of $350k for 12 years @ 6.25% the person is currently employed by me and has been for 4 years. $310k cash and walk. I do not need the monies now. I have 400k cash and stocks and rental income of $5k a month plus additional dividend income from quality stocks @$500 a month. I have zero debt. Cell phone, car, health and homeowners insurance, property taxes and food. The monthly payment of the $350k will be saved which will add up to $498k at he end of 12 years. The business is a cash cow I made $212k last year and have faith that the buyer will be able to operate to my standards. My wife and I are simple people and can live comfortably on $4k a month. We are going to split time between the states and our condo in Brazil (wife is Brazilian). Thanks for your time and I look forward to hearing from you guys. If any of you have any advise on where I could invest the 300k if i go that route that would be great. I am not much of a risk taker.
My name is Brian I am closing in on 54 years of age. I would like your opinions on the sale of my business. Holding a note of $350k for 12 years @ 6.25% the person is currently employed by me and has been for 4 years. $310k cash and walk. I do not need the monies now. I have 400k cash and stocks and rental income of $5k a month plus additional dividend income from quality stocks @$500 a month. I have zero debt. Cell phone, car, health and homeowners insurance, property taxes and food. The monthly payment of the $350k will be saved which will add up to $498k at he end of 12 years. The business is a cash cow I made $212k last year and have faith that the buyer will be able to operate to my standards. My wife and I are simple people and can live comfortably on $4k a month. We are going to split time between the states and our condo in Brazil (wife is Brazilian). Thanks for your time and I look forward to hearing from you guys. If any of you have any advise on where I could invest the 300k if i go that route that would be great. I am not much of a risk taker.