Forum Moderators: martinibuster
First of all, I congratulate everyone for their success with Adsense program. I also congratulate myself for endless hours that I spent designing my website, experimenting with ad placements, enriching content and user experience, etc.
There are many successful publishers on this forum, many of them earning tens of thousands dollars every month. The question is - are there any millionaires?
Has anyone reached a million yet?
From memory the Jackpot was US$ 260 million if not a bit more. Just three main winners. Wow.
Latest Powerbal Jackpot was $365 million.
Silly money - and the winner has not even yet come forward I do not think. I wonder how many old 'friends' suddenly call when you win something like that!
Silly money - and the winner has not even yet come forward I do not think. I wonder how many old 'friends' suddenly call when you win something like that!
Winner will pay 45% in US taxes - that's how much you pay on Lottery winnings in the USA. In Canada, we pay nothing on lottery winnings. The problem is: I don't win anything.
Only hard work unfortunately. Oh well...
"Federal rates for 2006 are at 35% (and Powerball winners end up in that maximum tax bracket). "
So, MONTANA at 10% would be the only state where you would pay 45%
Here in WASHINGTON state where I live, you would pay only the 35%.
I'm signing up for Adsense with a site with 300 unique IPs per day, it's precisely 1/1000 of the traffic required in this estimation.So my site is likely to earn about $1000 a year.
A million dollars in 1000 years. Sounds so cool wink
Actually you'd get your million MUCH sooner than you think provided you don't touch those 1000/year... make some math with me:
1000 first year. 4% annual interest rate - second year 2000 + 80 interest.
Third year 2080 + 1000 + 123.2
etc... it has the pyramide effect. I remember reading somewhere that if you were to have a dollar back in the times of Jesus Christ, with a %1 interest rate, you'd have, hypothetically, an Earth-sized nugget of gold by now +) It's true, I made the math
Isn't that ridiculous?
So a website that produces 72,000 US$ in 2 years
will bring you 3000 dollars a month.
If you want to make 3000 dollars/month with renting out property/real estate you need to spend at least 1,000,000 dollars.
That is something I will never understand.
The chances of some higher power suddenly changing the rules about rent and reducing your income by 80% overnight is very remote. It happens all the time with advertising/affiliate income.
I remember reading somewhere that if you were to have a dollar back in the times of Jesus Christ, with a %1 interest rate, you'd have, hypothetically, an Earth-sized nugget of gold by now +) It's true, I made the math
I made it $457,122,987
$457 million won't buy an earth sized nugget of gold.
The funny thing is websites are said to be worth the revenue over the last 2 years. Isn't that ridiculous? So a website that produces 72,000 US$ in 2 years will bring you 3000 dollars a month. If you want to make 3000 dollars/month with renting out property/real estate you need to spend at least 1,000,000 dollars. That is something I will never understand.
Agree. It's insane some buyers expect to pay no more than 2 to 5 yrs income. IMO they should sell for at least 30 to 50 X yrly income, especially if you take into consideraration the considerable value of traffic and domain name value too.
When I say 30/50 X income I mean mostly for natural traffic and type-ins where the traffic is very unlikely to go away vs if you rely on SEO and Serps which could easily decline or even go away. For that kind of traffic and income derived exclusively from SEO work and marketing I would estimate 3 to 5 yrs income is about right.
I look forward to hearing from you... :)
I made it $457,122,987$457 million won't buy an earth sized nugget of gold.
My mistake - I forgot a 0... try with a 10% interest rate.
By year 20 you will have $6.11
By year 100 you will have $12527.82
By year 250 you will have $20266493064
By year 500 you will have $4.51804E+20
By year 1000 you will have $2.24539E+41
By year 1500 you will have $1.11593E+62
By year 2006 you will have $9.82503E+82
If gold were $500 an ounce, then you could buy about 1.22813E+79 pounds of gold.
Since 1 grams = 0.00220462262 pounds and gold has a density of 19.3 grams/cubic-centimeter, then that amount of pure gold will take 2.88637E+80 cubic-centimeters of space. That is about 6.92477E+64
cubic miles or 2.88637E+74 cubic meters. The volume of the Earth is much smaller at 1083200000000000000000 cubic meters.
The sun's volume is 1.416 × 10^27 cubic meters. Therefore you could fit 2.0384E+47 suns into that ball of gold.
The biggest problem would be finding that much gold and keeping the rate at $500/oz.
By year 2006 you will have $9.82503E+82
To enjoy the money you'll have to discover the secret of eternal life. And if you have found eternal life, who cares about the money?
