if you had $2 million is it better to keep it invested and live of 4-5% withdrawals or use it to fund big purchases upfront (home, car, etc.) and invest/live off whatever is remaining?
>>62050272>keep it invested and live of 4-5% withdrawalsyes, but only if you already have a paid-off home, car etc.>fund big purchases upfrontyes, but only after you've grown that initial $2M up to around $3M.
Buy if the interest rate on financing those purchases would be materially higher than the expected investment return. Otherwise finance. "Materially" is important because future investment returns are unknown, and financing purchases to invest the difference is basically the same as investing with margin.
fund stochastic terrorists
Honestly im convinced these posts are done by bots or third worlders trying to fantasize about about wealth. such stupid questions everyday. Literally honest to god hope OP gets crippled in a car accident.
>>62050272>gorz IDOnly yugioh players will understand this
>>62050272No.
