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Tigers sign #1 pick Casey Mize for 7.5 million

Jun 13, 2008
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https://www.mlive.com/tigers/index.ssf/2018/06/tigers_casey_mize.html. I took a closed end fund that I invest in, UTG which pays around a 7.2% return, they pay a month return. So lets say he pays 2.5 million in taxes which would leave him 5 million to invest. If he bought the fund I suggested today he could have a monthly income of $29,524 per month for the rest of his life without never touch the principle investment. The fund has increased it's payout every 18 months or so this would go up over time! Not bad
 
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