/biz/ - Business & Finance

Living off of stock Anonymous Thu Aug 31 22:46:05 2017 No.3292052 [View]
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Is is possible to live off stock?

I think the minimum youd have to have in your portfolio would be 10k.

Assuming you could grow your portfolio by 1% a day (i know, bear with me) that would be 100 dollars a day.

Thats more than minimum wage. I know there are a few things that could go wrong with this reasoning, like the market having a down day/month/crash whatever...but if i was withdrawing and reinvesting my portfolio multiple times a month would it theoretically be possible? Hell with 20k, id only need to make a .05% gain on my positions.

If this is true, i can just save for a few years at my shitty job and then trade full time when i have the capital. Anybody already doing this?

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