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/biz/ - Business & Finance


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18234007 No.18234007 [Reply] [Original]

If I won $10 million dollars in the lottery, is investing into an index fund that pays dividends and just living off that a good idea?

>> No.18234023

No. To start with, you'll get fucked over by taxes.

>> No.18234033

right now? no
after the depression? yes

>> No.18234182

>>18234007
Just remember, you are not in a hurry.

>> No.18234188

>>18234012
>>18234023
Why?

The average tax rate would only be about 27-28% if my entire income comes from capital gains and eligible dividends

Also rich people don’t pay taxes

>> No.18234694

>>18234007
invest in OGN, wont regret it