/biz/ - Business & Finance

>>55589663
>$200k land and house
>$600k at 4% interest
>$24k pa.
>set up self sustaining lifestyle
>learn how to fix things
>do this for 40 years
>start to use the initial sum thereafter
>sell property and downsize to retirement home

>>55589663
Build a rental complex and collect the rent while living with your parents.

>>55589663
Blue chip divvy stocks, preferably 7/8% yield or higher. You wont be uber wealthy but youll be comfortably middle class forever. 60-80k a year passive income, not too shabby.

>>55589716
Where can I get a house for 200k that's not a shithole? I want to ride my bike in the mountains.

>>55589791
i thought you said you just wanted to ride your bike and hang out with your dog? hmmm seems like you want more than that, maybe you'll have to, i dont know, work for it? If youre active with your investments, even just $200k, you can afford to spend more on the location, but you'll have to do some work.

>>55589716
>4% interest

no such thing, especially safely

might earn 4% but it would be -1% next year

>>55589663
Put it all in Bitcoin until November 2024.

>>55589716
>just never have anything go wrong, bro

>>55589663
pretty based, OP. maybe one day, when we are both retired, we can ride together.

>>55589663
put 100k in pslv and and phys, put 100k in government bonds, put the rest in index funds, live off of the money coming in

>>55589663
Sell puts weekly. You can easily make 3,000-10,000 a week with 850k. Just don't do anything high risk and stay far enough out of the money. It won't work 100% of the time and it can be stressful but you can make money every week fairly safe with this.

>>55589922
nice fast passs ticket way to lose $850k in less than a year

>>55589791
Casper, Wyoming. Enjoy.

>>55589936
well then just put the 850k in a fucking money market account earning 5.25% interest. Collect 45,000 a year and be done with it.

>>55589917
wrong pic

>>55589922
Just day trade on safe and simple trades. Could probably make 10,000 per month doing only the safest of day trades. Trading strategy should be 90% wait and watch. No need to stress.

>>55589917
I thought you were implying a bank robbery spree.

>>55589791
Why not live in the mountains then?
Get some sticks, rocks, buy a tarp/bear spray from camping world and some solar powered generators. will cost significantly less and you can do whatever the fuck you want.

>>55590064
Selling weekly puts far out of the money would still be safer than day scalping.

>>55590017

https://www.zillow.com/homedetails/1338-S-Fenway-St-Casper-WY-82601/15039653_zpid/

>>55589663

Pulsechain, PulseX, and phex. Simple as. Or you can listen to these braindead fags around here that will tell you to buy Avax, XRP, Link.

>>55590306
Listen to this idiot. It doesn't matter what you buy, just play the charts. Stop fetishizing this faggot assets. The what doesn't mean shit compared to the how.

Find a private lender business that's backed by real estate. Guy I know lent $450k to a developer making like $3800 a month just on interest and can make the term to get his money back fully whenever.

>>55590618
yeah that does sound totally risk free lol

until the guy literally cant pay

>he has to

yeah but if he literally cant goes bankrupt etc

>>55589663
what about a wife and kids and their expenses
don't you want a fulfiling life anon
you'll get lonely

>>55590703
I'm used to it. It isn't so bad.

>>55589791
Idk, if you have $850k you can maybe pay a realtor to find one

>>55589853
The STONK MARKET returns 6-10% almost every single year.
>b-but some years it doesn't
Never twice in a row, and you are supposed to save some of the money to cover for the down year.

>>55589922
>>55590064
>>55590097
You would have to be mentally retarded to do this instead of just buying 100-300k worth if bitcoin RIGHT NOW and just waiting 1.5-2 years.

>>55589663
100 Ethereum
Some Bitcoin
Rest whatever

Just set up a mev bot bro. Can recommend one iv been running for 2 months

>>55589663
Don't retire anon, 850K isn't worth shit these days.
I have a few millions at 35, and I can't retire because a few millions isn't worth shit anymore.
I know this because I can't even get a girl friend with this amount of money.

>>55589922
This works, pro margin on TDA is 7x your liquidity over ~$110k. So you can put in ~100k and sell naked calls with a stop loss worth >$700k. Literally multiplies your returns, been at it for 5 years with conservative strat making 50% ROI on >1m invested

>>55589663
I'm around your age and have almost twice as much money. I'm nowhere near not being able to work again. I plan on cutting back to part time when I reach $3 million.

>>55591968

3mm is enough to retire just fine unless you have very expensive tastes. like if you're paying already like 6k+ a month on a mortgage or something then add in 1-2k+ for cars. yeah, good luck retiring at that point.

>>55589663
Move to a shithole country like Malasia and you'll never have to work a single day in your life KEK

>>55589880
This is pretty much your only shot.
>>55592506
3 mil is probably truly the "real" number to retire to either live really frugally, or more realistically, not work to focus on something else

>>55589663
get a girlfriend/boyfriend.

>>55590618
sounds shady as fuck.

>>55589663
Buy 2 units side by side. They are cheaper than 2 houses, but have a lot of the benefits of a house with only 1 shared wall.
Rent out 1 unit. I would also keep working and max save so I could buy another 2 units to be completely set up for passive income.