/biz/ - Business & Finance

probably not

>>25124583
If you plan on dying in 10 years as part of your retirement sure, if you mean living to old age and dying in a harem of ladyboys or whatever you'd go to Thailand for then obviously not.

>>25124583
>retire
no
>live comfortably for a few years
yes
>t. best friend did thailand, i did poverty-ken japan

>>25124613
Ok maybe retiring to old age with that money is a bit of a stretch but 300k in a country like Thailand should be enough to live very comfy for 10-20 years?

>>25124583
Maybe 1mil. Thailand is a fantastic place, if you are someone who is open to new experiences it is without doubt the place to visit.

>>25124596
>>25124613
>>25124646
What the fuck are you kids talking about? If you put that into BTC you could VERY EASILY live off of that revenue in Thailand for the rest of your life

>>25124646
How did povertymode in Japan go?

sneed

>>25124583
Imagine making it with the goal of going to a third world shithole in mind. Your entire Soul is beta.

>>25124665
well he didn't say anything about putting it into BTC, now did he?

>>25124666
fantastic, the big cities are just as bad as the US, I sincerely fucking hate Kyoto but nowhere near as much as I hate Korea

>>25124583
no, not even close unless you want to live like an animal

>>25124583
you could retire in Belgrade in Serbia if you manage to get a return of 4% on those 300k

not even close, pal

300k IS enough to start a business venture that you can ride to potential wealth, though

>>25124717
Keep coping with your boomer distinctions where you'll be tax senseless for hard work and cancelled for speaking your discontent in your "first world"

>>25124666
>>25124786
furthermore:
Osaka is great if you like dirty big cities like Chicago/Boston, folks are surprisingly down to earth there
Hiroshima is cool as shit but kind of like 1930's Boomtown Detroit during the day and modern day Concrete Jungle Detroit at night
Tokyo is great for visiting but hell on earth to stay in for more than a week, like visiting Vegas
Okinawa is a poor man's Hawaii without the darkies and unironically the best place in the nation

>>25124583
Don't listen to any of these cunts, OP. With 300k euros(+20% if $) you can live off 8% APY from real estate renting.
2300 euros is more than enough to live a nice life.
300 euros = poverty/survival, barely enough money to pay your food+utilities.
500 euros = Enough to live. Enough to live.
1000 euros = Enough to afford vacations OR something nice like a brand new PC every 5-6 months.
1500 = Finally living like a normal human being
2000 = Comfy mode. You can afford to trash 1500 euros a month on whatever the fuck you want.

>>25124583
Depends on what pa

>>25124786
>>25124866
Still had a good time there? I hear Japan's pretty expensive even compared to most European countries. Did going on a brokemode trip feel super restrictive? How did you get along with the locals not speaking any English?

>>25124866
>Osaka is great if you like dirty big cities like Chicago/Boston, folks are surprisingly down to earth there
sounds nice I'm going there for 1.5 years end of next year awaiting the singularity

>>25124583
Depends on what passive income you can get. I have no experience in Thailand but this surfing/villages in Peru I lived in, I could've bought a beach side condo for $20k and eat bonito tuna for $1.5/lb every day. Sweet potatoes super cheap as well and you can take a $1 bus to the nearest city with all the stores you need. Inflation is the big problem though as their currency is heavily tied to USD

>>25124717
It's not my goal you fucking faggot but I was wondering if that's even possible. Good to know what the options are if the first world really goes to shit

>>25125144
Don't believe the tokyo fud, anywhere outside of there is dirt cheap. I paid $430/mo for a 1LDK in my prefecture's capital city, had enough cash on hand to go on 3 vacations in 3 months even as a brokefag. If your company knows you can't moonrune, they'll only be impressed if you study your ass off every day and learn more. I went in practically illiterate and made good friends that I still talk to now despite being back in the US, the language isn't as hard as you think, it just takes a shitload of time and rote memorization. Get a notebook and follow nama-sensei's lessons for a very small head start. Get to the real lessons after you've immersed yourself in the idea of JUST FUCKING WRITE IT DOWN.

depends. If you play it right. Yes. far more then enough. If you are a retard that wants to have a taste of luxury. No, lasts you 5 years top

>>25124820
I live in Eastern Europe and get to do whatever the fuck I want buddy. Could move to anywhere on a whim, but for rich people there are only worse places than here. You need to understand that not everyone is from a kike, nigger, sandnigger or spic-infested shithole. Looking forward to the
>EE
>1st world
cope, anywhere's first world if you've made it, except here I'm surrounded by whites who don't care if I hate fags and kikes, in fact they usually tend to agree.

300k at 3pc safe withdrawal rate is 9k a year, 750 a month.
It's doable in the third world for sure, but it won't be really comfy living, and you WILL have to budget.

>>25125062
Also this

>>25124583
I used to think the same way OP,
had a $200k inheritance and wanted to stretch it for years
eventually realized i was being lazy and short sighted

don't put the cash in a bank,
the interest rate will be far smaller than the spending power you lose
(inflation is a slow, silent killer, and much worse than most people realize)

instead of burning through that money in a decade or two,
the $300k should be invested well
you could reach single to double digit millions this decade

crypto is a great choice,
few people understand it, so the risk/reward is fantastic
(just don't gamble on random shitcoins, do the necessary reading)

mainstream investments are good too,
just expect it to take a lot longer

>>25126245
>crypto is a great choice,
>few people understand it
Yikes

Yes. A safe withdrawal rate of 4% per year on is enough to live like a king in Cambodia. You don't have to retire forever anon, and in fact you'll probably want to make a change sooner than later.

Go visit Phnom Penh, and Siem Reap.

>>25126822
owning BTC and trading shitcoins of the week =/= understanding critical components of the industry or the wider implications
and that is where the life-changing money is made

>>25124583
1 million is what I would go for anon. Then in a place like Thailand you can mostly live off the interest. Might still have to take odd jobs here and there once in a while to supplement though.

>>25127030
yikes, spoken like a real redditor

>>25127088
You're delusional. 1 mil is more than enough to retire in America, let alone Thailand

>>25124583
You can retire with that much in Greece.

>>25127379
maybe if you're 60 years old already

Serious question, is there anywhere in Africa worth living? I hate SEA with a passion, I'm not too bothered about niggros

>>25127459
You can reliably withdraw 4% of your principal without shrinking it at all. Why would you need more than $40,000 per year in a third world country?

>>25124583
Half a ml would get you a comfy condo+leftovers to live somewhat comfy/conservative off the interest

>>25127030
The best way to make money in crypto is literally catching the initial shitcoin pumps or the Tier 1 CEX listing pumps

>>25127511
I don't even spend $40k per year right now and I live in a somewhat expensive part of the US.

>>25127500
How about the island countries like Cape Verde and Mauritius? I'd be scared of mother nature killing me on the mainland with malaria or poisonous spiders and shit.

>>25125347
do women throw themselves at you?

Forget about Thailand.
Bangkok is now more expensive than most of EU countries. (if you dont want to live like a third worlder) and the visas are over. This means you need to go out of the country every 6 weeks (visa runs) its a fucking pain in the ass and if customs see too many entries they are going to rape you sooner or later.

>>25124583
This book may have info you would like. I have not done it personally but it seems legit.

MGTOWs Guide to Retiring on $200K in SE Asia - Luca Venditti

https://mega.nz/file/aUkygSjR#PE15y1Rdq9DwidMJVCmXP3fRWyWudJyaACw89FNt3QI

>>25124583
just buy a cheap house and then you could work any bullshit job to pay bills and invest the rest.

>>25128185
You cant buy property in thailand or own a buisiness, you can only own like 50% of a buisiness.

Can we please have a thread about passive income and cashing out?
If I cash out and buy property I assume they'll ask me where the hell I got the money from.

>>25128423
You're not planning on dodging your taxes are you, Anon?

>>25128445
What's the point of making money if you're gonna?

>>25128341
49.9%, you have to partner with a local. Though I believe this applies to land property. You can own 100% of e.g. a condo.

>>25128341
Oh what I really meant was to do that here in the states. You don’t want to move to Thailand dude. Just buy a house in the south and enjoy the slow lifestyle.

No, it's still more like $1m if you want to live comfortably and not simply.

You can make 10% APY with stablecoins, so if 30k pre-tax sounds good to you then sure. Honestly though I wouldn't call it quits at that point

>>25124583
https://youtu.be/jX2l5GdB6sI?t=5731

Yaya go to Thailand. If the fuckers there find out you have money they gonna kill you. Also the women make strange quacky noises when complaining. And they complain a lot.

Also you cannot have property without a local to sign all papers. Guess what, all of your property in the locals land is now HIS new property. Easy bankrupt in less than 5 years or killed in a matter of months. DO not go there fren

>>25124717
USA is more Afrocentric than actual African countries. I’ll send you a postcard from Morocco.