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/biz/ - Business & Finance

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28823383 No.28823383 [Reply] [Original]

>you've made it
>retire
>throw your $1m into a mutual fund
>expect 10% annual return
>actually get 4%
We're ngmi are we

>> No.28823448

Just buy SPY or QQQ instead of fucking around with a mutual fund run by jews. Even fucking boomer dividend stocks did better than 4%

>> No.28823467

Why would you expect 10% annualized? The average over the past century is 7ish.

>> No.28823481

>>28823383
Stop ballin so hard if $40k is too little for you, especially if you own a home.

>> No.28823486
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28823486

>>28823383
>1 milliom
>making it
Are you for real?

>> No.28823529

I make 20% APY staking GRT...

>> No.28823543

>>28823481
>>28823486
That's what I'm saying

>> No.28823555

>>28823486
Extravagance and excess is immoral

>> No.28823789

>>28823543
idk man are you expecting to have coke fueled orgies in your French Riviera property?

>> No.28823807

>>28823789
Yes I am actually

>> No.28823866

>>28823383
a $40k a year safety net gives you freedom to take bigger risks because you still have that to fall back on

>> No.28823919

>>28823807
Oh. Well, enjoy the Monte Carlo Grand Prix for me in that case.

>> No.28823994
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28823994

>>28823383
>leave crypto and try stocks
>expect 10% a year
>get 40% in 3 months
Wtf bros

>> No.28824114

>>28823994
I've made a disgusting amount of money on stocks and probably a net lost on crypto, but BTC fomo is literally the most potent feeling I've ever encountered

>> No.28824193

>>28823529
This. If I do make it. I'll just stake it crypto for passive gain.

>> No.28824195

>>28823383
better off putting the stack in celsius and get 6%

>> No.28824484

>>28824114
How disgusting is disgusting? I already feel insane for getting a years worth of living expenses in a month

>> No.28825576

>>28824484
One time I woke up to $30,000 + in a day after charging my phone and taking a nap

Probably not much by /biz/ standards but that's "disgusting" money for a 21 year old w poor parents and no savings lol

>> No.28825655

My annual expenses are like 12k a year. If you can't live off 40k a year that's on you.

>> No.28825746

>>28823994
Did you do this last March with tech

>> No.28825817

>>28825576

GME?

I watched my net worth plummet 200K in less than an hour, that was a fun ride.

>> No.28825820

why not just put it on blockfi usdc at 8.6% apr

thats 86k a year

>> No.28826380

>>28825817
Tesla calls, actually. I bought in at ~$400 pre-split

I did a lot of gambling-tier investing over to get where I am but stayed the fuck away from GME after $45. That's the last time I'll underestimate the number of bag-holders with poor risk assessment on Reddit