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9789576 No.9789576 [Reply] [Original]

I'm going to have $1 million in cash soon in my account.

I have no idea how to invest it.

My goals:

>Never needing to work again
>Financial Freedom

>> No.9789602

>>9789576
buy a 2 bed flat in a city and rent out one room, live off the rent

>> No.9789654

>>9789576
100K - Bitcoin Mining
200K - Rental Property
200K - Random Altcoin/Stock investment

use the remaining 500k and just chill, go on holiday or buy some cool shit idk

>> No.9789690

S& p 500

>> No.9789709

>>9789576
how fast do you want those?
because you use 40% to buy stocks, like index funds and have them grow your wealth over a couple of decades
>>9789602
this isn't a bad proposal, you have to learn about legislation regarding the relationship between landlord and tenant, but it is often not very complicated
just beware, multi-millionaires, large firms, and billionaires often target expensive real state areas by slowly buying pieces of it and the surrounding areas and then shitting it up so the small fries sell and leave after property has been devalued, then they buy at low prices and jack up the area again (building amenities, removing low income tenants, etc...). this process might take decades, but you might not get back your initial investment before being fucked

>> No.9789712 [DELETED] 

>>9789576
also if your feeling generous , could I have 1 eth.

im a poorfag and i shot my macbook screen with an airgun accidentally . would cost me $200 to fix but the rest i could use for investments.

0x33Ca5Acd64c3917fB4846557df095A5c320c5305

600 to 1m is like 6 cents, and if my advice works out then its worth paying for it right? lol

>> No.9789724

>>9789712
please don't

*snap*

this

>> No.9789755

>>9789576
get a jew to manage your money, then hire another jew to rat on the first jew

>> No.9789765

>>9789755
even better, become a banking jew

>> No.9789766

>>9789602
Dumbest option


Better option:
Put it in an index fund
I think middling rate of return for them is often around 7% -2% inflation = ~5% return a year
You just need to save some up for shittier years and spread the money evenly out

>> No.9789833

>>9789576
Go for something like a fund/index which does a couple %'s a year, you should be able to live of the yearly % gains + dividends (not sure if it gives dividends but you could do without..)

>> No.9790100

>>9789833
Living off the yearly gains is what I'd like to sustain my life.

But is it enough to last me for another 60 years?

>> No.9790267

>>9790100
don't stop working for at least another 15 to 20 years
so, invest the whole million, let it grow, if possible do not take anything at all from it until after the 15-20 years period has passed
if you are still young, say below 30, this will allow you to nab a better quality of life way before you reach 60
also, get insured early, lest you develop some nasty ass condition later in life. if possible quit smoking (I still do, occasionally, tho)

>> No.9790312

>>9789576
You can live off the interest with a normie lifestyle.
But do you want that?
All in crypto is the way to go. You haven't made it until you have at least 10m.

>> No.9790568

ALL IN ON WEEDSTOCKS

>> No.9790645

EM government bonds .t me later

>> No.9790663

>>9789576
unironically why bother, just put it in a savings account, the interest is way more than enough if you move to a cheap country

>> No.9790750

>>9790267

Don’t do this.

If you work, make sure it’s something you love.

Invest some, but do stuff on your bucket list now.

There are no guarantees in life. You could die 5 years from now in a car accident, develop some sort of life ending cancer, or lose movement in your legs.

Be smart with your money but also allow yourself to enjoy the life you have.

Not touching the money for 20+ years is absolutely fucking stupid.

>> No.9790913

>>9789576
Put it in Decred and earn 15% a year from staking. It's stable as fuck.