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/biz/ - Business & Finance


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17286561 No.17286561 [Reply] [Original]

I have awoken to the capitol bull labor cuck dichotomy.

What do I invest in to get a comfy 70k a year living from my returns? Plausibly willing to work part time. How much capital do I need to start investing properly? I can probably save around 100k in four years. Right now i've only got 6k savings due to being neet.

I'm in Canada is that matters.

>> No.17286674

Probably 1m+ realistically: 5%ror means ~1.4, 7%ror means 1m flat but is a risky rate

Fire up robinhood and go with SPY or VTSAX or some index etf. Can do this with very small amounts (<$100)

Good luck

>> No.17286732

I'm also not against crypto, but i'm serious and not just a crypto lambos memester. I seriously don't want to be a labor cuck and have a limited time of living with parents with low expenses allowing me to accumulate savings.

I'll never make it to a million in investable capital though, unless my portfolio is really good.

I'm adamant of not working more than 24 hours a week, which also means the work will be paying near minimum wage. I just want , my total yearly net income to be at least 68K.

I tried to convince my parents to let me rent out their home and give them all the rent money so when they die I actually could inherit a home with no mortgage in an area I would otherwise be priced out of. instead of having them just selling it outright to have a luxury boomer retirement, but that never worked.

>> No.17286811

>>17286561
I didn't know people still had pics of charger-chan saved.

>> No.17286980
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17286980

>>17286811
idk who she is but I often save pictures of cute autistic girls

>> No.17287000

>>17286980
She's was on team australia for a splatoon competition around when they announced splatoon 2