/biz/ - Business & Finance

>>52696608
Buy $100k gold on South America
Sold for $5mill In the us

>>52696608
My plan is to use my massive brain to buy low and sell high until I have $10 million.
Then I’ll cash out and go into pm and live a very quiet and righteous life.

>>52696608

$5 million, easy live off bank interest/bond yields. Available bank interest rates/bonds:

1% - $50k a year income
2% - $100k a year income
3% - $150k a year income
4% - $200k a year income
5% - $250k a year income

As close to risk free yield for the rest of your days. It's very simple, but most people on biz are too retarded, over complicate everything, or are greedy people for whom no amount of wealth is ever enough.

buy a collection of lambos and sit back while the value appreciates

>>52697073
if you spend all of that income and never let the interest compound, in 10 years you will have half the purchasing power because of inflation

>>52696677
I doubt that’s how it works, they probably traded guns for that shit.

>>52696608
70% real estate
20% stocks in well established companies, preferably with dividends
5% precious metals
5% aggressive bets (crypto and maybe some stocks).

Giant lava lamp next to the freeway I jump in with 5 bimbos and start swimming

>>52696608
I'd invest the entire thing in the S&P 500 and withdraw 2-3% per year to live off of. I'd keep my job and aggressively pursue paying off a mortgage in the first 5 years so that I own my house. After that I'm retired at 30 with less than $10k per year mandatory expenses with $100k coming in. I can now afford to travel once per quarter and do whatever hobby I want the rest of the time.

>>52696608
I want 50 million dollars to start an army and take over America/Canada to institute a National socialist libertarian society and also because I want an army.

>>52697073
the problem is, you need to already have $5m to just park it in bonds. my net worth is only about $175k-ish so i need the jewish casino to grow it

>>52696608
it's about as much as you'd need to just cruise through life paying for food, your house, car, etc. without really spending a lot of money on any one thing. basically the minimum comfy retirement amount

>>52696608
~500k for a house + decent plot of land
~250k in a savings account to pay for stuff and emergencies so that I don't have to touch the investments
The other 4.25 million will go into investments which would be a combination of stock, bond and reit etf's, maybe a bit into single stocks and option trading for fun. Aiming for a 2% return in the form of dividend/interest should give me about 85k in income of which I wouldn't even need a quarter for daily expenses. All income that isn't spend goes back into the investments and capital gains off course never leaves the investment account.
Distribution of investments would probably be something like:
500k bond etf's
500k reit etf's
3000k stock etf's
250k single stock picking and selling options on those stocks (cash secured puts and covered calls)

>>52697339
Hey, it's like... you know.. .staking coins right?

>>52697339

No, inflation will return to c.2-4% within a couple years.

Also, you fell for the inflation meme. Do you spend all of your income? No.

So the rate of your purchasing power decreasing does not equal inflation.

>>52697339
According to this everyone even millionaires will have to work forever or else go broke

>>52697073
You're off BY A FACTOR OF TEN

>>52696608

>>52698521
Harv doesn't lean in

wheres larry?

>>52696608
>"You only declare jewelry if you bought it during your travels. You don't have to declare jewelry that you already owned before traveling."

>>52696677
Are you retarded? Gold is more expensive in SA than in the US. Not by much, but premiums are like 4-5% higher. Which is a lot when you live in Argentina or Ecuador. If anything you buy gold in the US and sell it in SA.

Mutts are gifted with controlling commodities' prices worldwide while not producing it themselves. You not only have the highest wages by very far, but you also get to enjoy the CHEAPEST gold and silver in the world. It's the kind of double opportunity you aren't allowed to miss.
It's so fucking absurd how lucky you are. Mexico produce over 50% of the silver worldwide. It's almost impossible to find any silver libertad in Mexico, and when you do so, it's like $45per oz, then the average mexican salary is like $250/m.
Meanwhile you in the US, you don't produce silver, you import everything from Mexico at the price (((wall street))) decide, then you get to enjoy silver oz for $24. While having $60K salaries. This is so disgusting and ridiculous. You should thank your jews in charge, it's only thank to them this kind of abberation is possible.

>>52698243
>70% real estate
>2022
looking at the past to predict the future is why you dont have 5 million in the first place

>>52697339
Good point. Unless your capital assets appreciate with inflation while giving you an income, which means dividend stocks or property.
I would buy 5 solid 3-4 bed houses in the best location I could, which gives about $3000 a week rent income after expenses.

>>52696608
Those look hand-poured too and they just wrote all over them. Shame.

>>52697339
Peak retard

>>52696608
$1m house
$3m in boring index funds, giving a safe withdrawal of $120k/y for living expenses
$1m into crypto, with the hopes of turning it into an additional $5m+

it's that simple

>>52702622
>.t butthurt third worlder

Try not voting for some child diddling nato puppet and boil your water before drinking it you parasitic infection on the clearly superior races. Not NAs fault you never developed pass driveable roads and having to rob rich tourists who visit your shit smelling country just to fuck your barely developed daughters too emaciated from your poor global trading habits

All in on some shitcoin