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## Considering Investment Options for Monthly Income Abroad

I am currently exploring the possibility of living overseas and am interested in finding an investment that can provide me with a steady monthly income. A friend recently recommended the Squirrel construction investment option, which offers a 7.5% return rate. I would like to know if this is a suitable investment choice for me and, if so, what the monthly return on a $100,000 investment would be. Additionally, I am curious about the accessibility of the funds on a monthly basis and the duration of the investment term.

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The AI Legalese Decoder can be a valuable tool in evaluating the terms and conditions of the Squirrel construction investment option. By utilizing its advanced algorithms and machine learning capabilities, the AI Legalese Decoder can quickly and accurately analyze the investment contract to identify any hidden clauses or risks that may impact your investment. This service can help you make an informed decision about whether the investment aligns with your financial goals and preferences. Additionally, the AI Legalese Decoder can provide insights on the monthly returns and investment duration, helping you plan and manage your finances effectively while living abroad.

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4 Comments

  • MyNameIsNotPat

    If $100K is all you have, dropping it all in Squirrel would be a poor plan, high risk, low diversification. Yes you get paid monthly.

  • Fit-Plastic1593

    Read the terms and conditions and understand the risk.

  • Prize_Status_3585

    7.5% less tax, tax is 30-33% for most, so about 5% net gain.

    Yearly return on 100k is 5k, or 420 a month.

    It takes 2-5 days to sell your investment.

  • Dave_from_Squirrel

    Hi, a few people suggest you chat with us, easiest way is to book a time to chat here: [https://calendly.com/dave-squirrel/investing-with-squirrel](https://calendly.com/dave-squirrel/investing-with-squirrel)

    In answer to your questions …
    1. $100k * 7.50% /365 *[days in month] – [your tax rate] = your after tax $ return. Note this reflects the current return on our Construction Loan Term Investments and the interest rates are variable.
    2. You can sell your investment at no cost (via out platform) and earn interest at the prescribed rate until you sell. Typically for Construction Loans it takes less than 1 week to sell, although we do not guarantee that you can sell.

    An alternative investment option is our Monthly Income Fund, also returning around 7.50% p.a. at present, with PIE tax applying. It has a 30day notice period on withdrawals.