Suppose I Had 50 million Dollaars | |
jimmyrigger
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Bailey Howe
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Moses Born Again
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Anonymous Coward User ID: 79261622 United States 03/08/2021 10:07 PM Report Abusive Post Report Copyright Violation | So heres my question...... Quoting: Bailey Howe Suppose i had 50 million dollars and it generated income at what rate would it be or what kind of investments would be tied up in it ..../ say for one year. i know theres a high variable in how much $$ but just as a example what could be done to create income Safest type of investing would give you a 4% return Which is 2,000,000 / year. that would be diversification in dividend heavy funds. S&P 500 funds would give you 10% long term return, but that could be down in any given year, so not as steady as income. Putting your funds in the hands of a money manager who is slick, with that big a nut, I'm sure they would guarantee you 6%...which is 3,000,000 / year without too much trouble. |
#1FanNirvana
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ITSARICHMANSGAME
User ID: 78068491 United States 03/08/2021 10:28 PM Report Abusive Post Report Copyright Violation | If it was actually 50 mill, you could simply find safe bonds returning 1%. Is 500K enough income for you? The more I know, the crazier I appear to be. "THE ONLY WAY TO DEAL WITH AN UNFREE WORLD IS TO BECOME SO ABSOLUTELY FREE THAT YOUR VERY EXISTENCE IS AN ACT OF REBELLION" -ALBERT CAMUS No brains, no pain. The Difference Between Stupidity and Genius Is That Genius Has Its Limits |
Anonymous Coward User ID: 80121271 Australia 03/08/2021 10:46 PM Report Abusive Post Report Copyright Violation | Firstly, and don't take this personally, if you have recently come into that much money you are almost certainly going to lose a significant part of it in the near future. I base that on your appalling lack of knowledge displayed by your questions. Your first step should be to learn how finance works or else you are going to have to entrust this capital to someone else and assume they have your best interests at heart (spoiler: they won't). The 'safe' bonds that some are recommending you are anything but safe. A bond is undertaking government risk. Half the governments on the planet are on the verge of collapse, replacement by popularist parties, or printing 60% of their total issued currency in 2 months. What part of that seems riskless to you? Understand that almost no one in the finance industry knows what they are talking about. They just parrot what they have been told like good little children. Were they to know what they were doing they would not be managing your money for the 2% commission. If you are legit, and I have enough spare time to entertain this notion, capital preservation is no the life long goal of you and your progeny. Wanting an 'income' is pleb thinking. Take 2% off the table and live off that for your day to day for the next few years, if you're not a prat this should be easy. Next you want to park most of it somewhere you know isn't going to bleed value. Unfortunately that's a little up in the air at the moment, pick where you want to live/stay and purchase land there. The next thing YOU have to do, is research what commodities you believe are going to retain value over the next decade. Invest in them. Never all at once, and never in large transactions. What you want to be doing essentially is moving from capital asset to capital asset that is trending up. Good luck, if you're legit you are almost certainly going to be fleeced within a year. |
We Are Slaves
User ID: 72946045 Canada 03/08/2021 11:06 PM Report Abusive Post Report Copyright Violation | A piece of rural land, build a small castle If things go medieval you might live and crypto's have you covered if things don't go to shit Warning : The post above may be pure speculation. Thread: The 2024-2025 Crypto Bull Market Thread |
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We Are Slaves
User ID: 72946045 Canada 03/09/2021 12:36 AM Report Abusive Post Report Copyright Violation | 'TIPS', OP. There inflation indexed US bonds. That would be the safest, as it's considered cash equivalent. So like 4%. Quoting: Anonymous Coward 77726766 Real inflation will always rise faster than TIPS Warning : The post above may be pure speculation. Thread: The 2024-2025 Crypto Bull Market Thread |
Bailey Howe
(OP) User ID: 80100189 United States 03/09/2021 02:59 PM Report Abusive Post Report Copyright Violation | Firstly, and don't take this personally, if you have recently come into that much money you are almost certainly going to lose a significant part of it in the near future. I base that on your appalling lack of knowledge displayed by your questions. Quoting: Anonymous Coward 80121271 Your first step should be to learn how finance works or else you are going to have to entrust this capital to someone else and assume they have your best interests at heart (spoiler: they won't). The 'safe' bonds that some are recommending you are anything but safe. A bond is undertaking government risk. Half the governments on the planet are on the verge of collapse, replacement by popularist parties, or printing 60% of their total issued currency in 2 months. What part of that seems riskless to you? Understand that almost no one in the finance industry knows what they are talking about. They just parrot what they have been told like good little children. Were they to know what they were doing they would not be managing your money for the 2% commission. If you are legit, and I have enough spare time to entertain this notion, capital preservation is no the life long goal of you and your progeny. Wanting an 'income' is pleb thinking. Take 2% off the table and live off that for your day to day for the next few years, if you're not a prat this should be easy. Next you want to park most of it somewhere you know isn't going to bleed value. Unfortunately that's a little up in the air at the moment, pick where you want to live/stay and purchase land there. The next thing YOU have to do, is research what commodities you believe are going to retain value over the next decade. Invest in them. Never all at once, and never in large transactions. What you want to be doing essentially is moving from capital asset to capital asset that is trending up. Good luck, if you're legit you are almost certainly going to be fleeced within a year. If you read the thread i asked not because of me but PR Harty has that approx AND WHINES that Daddy cut him off his EXTRA INCOME FROM THE DUCHY OF CORNWALL HOw much is too much?? I have modest investments that do very well with a astute advisor tyvm Last Edited by Bailey Howe on 03/09/2021 03:01 PM "When I got up this morning Sigmund Freud was still in medical school" |