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/biz/ - Business & Finance

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56702294 No.56702294 [Reply] [Original]

How do you turn 1 million into a sustainable, safe, investment that pays out every month for the rest of your life?

No crypto

>> No.56702298

Rental properties I guess

>> No.56702312

serious replies only

>> No.56702414

Usdc on aave gives 7.7% constantly high since months.
Save and good

>> No.56702419

>>56702312
go fuck urself

>> No.56702429

>>56702294
I could live off interest on 1m quite easily or I'd look at safe divvy stocks, probably a mix of the two. Could likely bring in 8-10% pa

>> No.56702431
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56702431

>>56702294
My Apple card savings account is paying 4.15 % interest monthly
1,000,000$ x 0.0415 = 41500
so if you can live off of 40K a month or less you are set

>> No.56702436

>>56702294
Put it all in VOO

>> No.56702439

>>56702294
T-bills for now. When we have lower interest rates then stocks

>> No.56702450

>>56702414
>no crypto
>just invest into my ponzi that can implode at any time and without warning

>> No.56702453

>>56702431
This sounds interesting, can you give more information? What is an apple card?

>> No.56702458

>>56702431
>4.15 % interest monthly
really now

>> No.56702466

>>56702294
Money market funds

>> No.56702468

>>56702436
This but find a SP500 ETF that pays dividends.

>> No.56702469

>>56702294
Term deposit that pays monthly dumb dumb.

>> No.56702478

>>56702471
sorry that link looks sketchy as fuck

also you dont know if apple is save, company could die next year and you lose all your money

>> No.56702481

>>56702469
For those of you that dont know a 1mil term deposit return is basically a liveable regular income but passive.

>> No.56702507

>>56702478
Apple is literally the largest company in the world and the card and savings account are serviced by Goldman Sachs
These are not fly by night companies. If that's not secure enough for you then just go live in a bunker.

>> No.56702512

>>56702507
>Goldman Sachs

>Goldman


yeah this is even a bigger red flag, i dont know this company but it sounds you know what-ish

>> No.56702543

>>56702471
Its 4% per year you faggot, also remove your referral link scumbag

>> No.56702643

>>56702294
If you have a million dollars, why not just live off the money instead of doing dumb dividend shit with it? Or even just put it all in the snp500 and simply sell 30000 a year of whatever you need for living expenses.
“Passive income” is bullshit you don’t actually need.

>> No.56702672

>>56702429
8-10 is too high for a diversified (aka safe) divi portfolio but around 4-5% is very much possible. That’s obviously not a lot considering op wants to live full time indefinitely on interest alone

I’d split it between p2p leading, dividend stocks, regular etf that you cash out yourself instead of dividend based, and even some crypto staking honestly

>> No.56702677

>>56702431
Can’t tell if it’s bait or actually a new level of retarded

>> No.56702692

>>56702294
The easiest and safest way is a dividend versing ETF.
Forget rental properties unless you enjoy stress and ruining your life dealing with people that may fuck you at any time and have the law on their side.

>> No.56702698

>>56702450
usdc is too big to fail
the silicon niggers bank was rescued because circle among others their fedcoins there

>> No.56702704

>>56702698
>too big to fail

>> No.56702714

>>56702643
The choice between selling stocks every year or living off dividends is purely a tax optimization issues. There is not a single right answer as it depends of the local legislation.
Both set ups are equally easy to manage, you can either buy a total return ETF or a dividend versing ETF.
I agree that any niche passive income set up with obscure risks such as putting all of your money in an 'apple savings account' is bullshit and will give only disadvantages compared to just buying a well diversified ETF.

>> No.56702716

>>56702450
normalnigger
if you don't understand the difference between speculative crypto coins and transparent blockchain protocols pegged to the dollar, then lower your tone when speaking to me

>> No.56702720

>>56702294
Do whatever you can to raise it to $5 million and then put it all into VTSAX.

>> No.56702732

>>56702704
yeah they literally got rescued by those fedkikes
anyway its not through circle that you get yields but through actual ponzis so disregard my post

>> No.56702755

>>56702294
Why not just broad ETFs? Allegedly US stocks are still a bit expensive.
>No crypto
Imagine /biz/ without crypto. It would be so much better.

>> No.56703117

$1 million equity in a self managing small business is the dream. Should be able to net six figures easily.

>> No.56703246

>>56702714
what about diversified stablecoin portfolio on aave

>> No.56703257

>>56702294
Just sell 0dte. It’s so easy

>> No.56703271

>>56702698
>usdc is too big to fail
Kiss of death

>> No.56703287

>>56702431
So you're saying it's paying 49.8% apy? Are you retarded?

>> No.56703348

>>56702294
Just earn interest on your bank account?
Most banks pay a few % each year on your savings account. It's a few k per month.. but it's safe
You can use that money to buy crypto or shares that pay dividend

>> No.56703356

>>56702294
buy and sell niggers

>> No.56703364

>>56702294
>pays out every month

this is bullshit

you just will get to some amount of money that you'll be able to spend without thinking about

fuck dividends, it really doesn't matter

>> No.56703387

OP here

every month I figured pay out once a year is fine too I can then put it on my savings account and pay myself every month 12 times a year

>> No.56703408

>>56703348
>but it's safe
guess how many banks failed this year.

>> No.56703525

>>56702294
you need multiple sources of income. Split your million into properties, crypto, boomer stocks and a bank saving plan.

>> No.56703539

>>56703408
Then you will get the money back from the government. At least in my country.

>> No.56703637

>>56702294
>sustainable, safe, investment that pays out every month for the rest of your life?
maybe cool it off with the anti-semitism ok?
you just want to live comfortably without risking your net-worth and contributing to society, very bad goy

>> No.56703663

>>56702431
anything over 10%/year is simply just unsustainable retard

>> No.56703757

>>56702431
So many good investors and mathematicians on biz.

>> No.56704052

>>56702512
>sacks
>bag holding

>> No.56704092

>>56702643
man, you'll blow through a million fast. passive income is comfy. my income is about 6k a month now, passive. And it's a humble life.

>> No.56704191

20 year T bill will pay you 48k before fees and taxes. You could put some in longer t bills, or shorter ones with reoccurring repurchases, put some into an index fund or ETF that pays dividends, maybe put 5% into PMs for catastrophic reasons etc.. there are a lot of options, but ideally you'll want to live well below whatever you're expected annual returns are and reinvest some of the interest because $50k/year today won't be worth $50k tomorrow and taxes will only go up.

I'd personally look at purchasing a house and all necessities outright, then compare different investment strategies with a healthy mix of bonds and stocks plus a small portion for higher risk/high yield things, as well as an annuity to fill retirement gaps (assuming you plan on collecting any government retirement money). I'd also put some into physical PMs and a small trust offshore in case things go to hell in my country.

>> No.56704817

>>56702543
Based mods deleted his begging, hope they banned him on his home IP too. Get rent scrub.

>> No.56704836

>>56702294
Just put it in sp500 and sell the gains on up years, hodl on bad ones OR live off of dividends

>> No.56704853

>>56702294
Treasury bills or an annuity although with your risk tolerance being “apple could disappear tomorrow” I’d say swallow your pride or whatever mental block you have and look into bitcoin

>> No.56704864

>>56702294
I'd buy 3 houses and rent them through an agency.
That's a safe 4-5% in rent per year on average, might be more or less depending on area but that's what I'd shoot for. So a nice 40k a year after taxes give or take, enough for an ok to great life anywhere in the world.
Also you're home will appreciate with time and the rent you get will grow with inflation.

I'd still keep a cool $100k to buy the next crash in the crypto or stock market

>> No.56704885

>>56703408
Very few and the deposits are all guaranteed by the federal government. If the federal government fails your fiat is worthless anyways so why would it matter?

>> No.56704889

Half in 20 year treasuries
40% in sp500
10% in degenerate bets

>> No.56705441

>>56702414
>>56702450
aave is no ponzi but ok i gave you my answer

>> No.56705730

>>56702714
Selling stocks is probably the better choice where I live because we get a 50% discount on income tax if it comes from capital gains of assets that we've held for over a year.
But I'm a terminal hodler, and I'm not sure I'd be able to time my sells properly. Particularly if the stock market crashed for a few years and I was cashing it out while it was low. But then I looked at a managed dividend ETF and they aim for 4.25% pa with 0.54% returns. That's absolute dogshit. The bank account where I just keep the cash that I don't know what to do with is paying 5.5% right now.

What does /biz/ think of actual financial advisors and/or wealth managers? I know finance is PVP, but maybe they can still provide a good service?

>> No.56705733

>>56705730
>0.54% returns
Meant 0.54% fees

>> No.56705741

>>56702414
>Alameda does not use FTX customer funds!
yeah this is what you sound like

>> No.56705757

>>56702431
I you think mistake

>> No.56706622

>>56702294
It's basically through crypto you can achieve this. You can invest in some tokenized assets and earn passively from them or you can stake some altcoins like RIDE, ETH, and AZERO with sustainable APYs of around 18% for passive income. Just my two cents.

>> No.56706627

>>56702294
Own commercial real estate in a popular area along with rental property