Not even kidding with you. I inherited $100 million from my grandfather. He worked in the cigarette industry and was one of the people who testified against the tobacco industry. How do I turn this shit into a million bucks a month passive income? I know fuck all about money, but I'm willing to learn.
>>62249593I got lung cancer you basically owe me 150k.Cigarettes are expensive pay up champ.
>>62249593100 million? Contact a wealth management firm most likely. Youre liable to get raped by taxes otherwise.
>>62249593give me $1mm and i will tell you
>>62249618MM monopoly money?
SRTC. good luck fuckboi
>>62249593>I know fuck all about money>I know fuck alljust enjoy it while it lasts. if you have kids make sure they understand they wont get any, and treat them to nice things while you can.
>>62249593Treasuries are paying more now than in 20 years
>>62249868kek.How is that even possible? But i know it does happen, mostly to proles who win the lottery.>>62249593what i would do if i were in your position30% in real estate, rentals, mostly luxury properties.30% managed by some wealth managing firms targetting 5% yearly with low risk30% self managed, but you're too retarded for that so just buy gold, good are pieces, and some stocks.10% to live your life buy a cool placeYou need to diversify, there is no need to take any risk at this point. The risk is losing your money.I hate you btw. everyone will so be careful and smart about it.
>>62249593You could literally pay a professional for this if you're serious and it would barely dent your inheritance while basically being no risk. Why the fuck ask /biz/?
>>62250293don't trust professionnals blindly. i am naturally paranoid and i would never trust anyone fully with those amounts. They could ruin it, steal it, you never know. I think it's always better to be self reliant. Just buy etfs if you're completely retarded
>>62250279>70% of wealthy families lose their wealth by the second generation, and 90% lose it by the thirdI dont know, why dont we ask him?>>62249593answer the riddle OP
>>62250301>I don’t trust professionals but I do trust Anons on 4chanHoly based.
>>62250534>I do trust Anons on 4chanWhat makes you think that the case? Why would you assume dumb shit like that
>>6224959310 million in STRC, pays ~10% with a monthly dividend and counts as return of capital. That's a pretty safe 100k a month.
Not sure if serious. Find the biggest Lawyer company in town, not the internet lawyers or billboards kinda guys - the classic White lawyer firm and find the one who charges the most and hire him for directions.
>>62249593not advice but email warren buffet
You won't get a million a month without assuming more risk on the entire sum than you should.However, you can get ~$416.7k a month (~250k after taxes) with insured bonds, and more if you're willing to forego insurance (I wouldn't).
>>62249593Toss it all in a CD that doesn't let you withdraw until like 3 years or something
Didnt your grandmother have advisors and stuff? Just use people she used. 100m?Take out 30k to play with. You will lose it. Then another 30k. Lose that too.Based my experience, you will be good once you lose about $60k. After that you will be profitable.
>>62251478Okay, you will be good once you lose $60-100k. >t. never had to work neetYoure set for life. Good job.
The correct answer is wait until a good business opportunity comes along that will net you a million a month if that's what you're going for. If you really just want to spend a million a month, you might as well start doing it, you have 100 lol. The things you buy with that kind of money go up in value. Maybe not always but a big house full of art, that's just going to be even more money in ten years. You have more money than you could ever blow on weed and burritos, all you have to do is not spend like a retard. Or is that what you want to do lol
>>62249593Loan it but you would have to hire a guy like me to secure the notes and an escrow company. I would want a decent cut because it’s a lot of work on both sides so that might eat into your 10% returns
>>62249868God I hate boomers so much
>>62251651Be realistic. Everyone on this board trades for fun. lmao. Such a retard answer. Give him a personal reply not some generic nonsense. You too>>62251661
Kill yourself in 100 months.
>>62249593You should talk to some experts on creating a family office with a trust structure.
>>62249593You want a guaranteed 12% APY? Are you retarded?
>>62251692Both of our answers are correct answers if someone received a $100 million windfall. Or you can put it all on red/fomo into a shitcoin
>>62251864Correct or not it is not what anons here want.Everyone here is a trader. My answer was the best.
>>6224959350 million into chainlink50 million into bonds
>>62249593what
JEPQ>JEPQIt returns about 12 percent per year and pays each month. Your 100 mil will be one mil per monthDONEALL IN BABY
>>62251859see >>62251972you poor pleb
>>62251877Your answer was to commune with spirits of the dearly departed financial advisory from the 1980s. And you responded to your own post. If he dumped everything into an index or portfolio at the literal all time high, it would be financial suicide. If you want to make $1 million a month or more you have to manufacture or be a bank
>>62249593All in SCHD
>>62249593How do you have 100 Million and it's *not* pulling a million in passive income?
Slide me that oyster poorpetual ,let me not die in poverty.
You could legitimately put it all in US30Y. I say this as someone who is borderline risk addicted.
>>62249593Until you figure it out, put it all in a municipal money market fund and collect 300k a year tax free...but this is a larp.
>>62254718Fuck not 300k...3M
>>62249593Nigger why are you so greedy. You just got handed more wealth than most people would see in generations and you want a mil a month passive income? The answer is that you need proper financial advise, not /biz/ meme advice. Go talk to a wealth manager.Honestly if I had that much money I would just blow it. You could spend a mil a year and be fine until you die. But that's just my povvo mindset. If I had that money I'd probably spend a couple mil on a nice house, then I'd just play videogames, eat nice food and go travelling. Any left over when I died would go to whatever family is closest, so my niece or some shit.Shits too much for me to even comprehend, man. Crazy how so many people have to slave, and lucky shits just get money dumped on them. Godless world.
>>62251972>>62251976Good Lord, that chart does not guarantee 12% returns a year.
>>62249593give me $999,999 and I'll tell you
I was thinking of putting it all into real estate. That would gross 10 percent in rent no? I can get some sucker ass corporation to manage it for 2 %. End result is $950,000/month in raw income.
>>62249627That's how civilized people describe a million, roman numerals
>>62249593Park it in index funds with enough gold you could carry out to start life in a new country. Withdraw a mere million a year. Revisit based on returns.
>>62249593You should unironically diversify the hoard and not chase gains. You've already made it, anon. Being greedy with this much money will only give the jews an opportunity to rob you.
>>62255867It's just a way to tell I'm talking to a pajeet like you faggot jeet
>>62255911another scamming jeet, likely Lebanon someone get his telegram and get him to dox himself please thanks.My skin isn't the color of shit so I'm not allowed on telegram
>>62255911>spread your pusy for me, i love you!
>>62249593>>62255809be smart and dont fuck this up by looking for double digit returns or INVESTING. jesus fucking christ you have enough money to live the rest of your life in comfort and them some. the safest play is buying treasury bonds directly from the US government. it will set you up with a 4-5% annual yield for the next 10-30 years and you will still get a 100 milli back after that. it's backed by huge fucking guns and a military that will gladly murder civilians to protect your gains.see treasurydirect.govnow go forth and make us proud anon
>>62249593Take 20 million of it and put it in blue chip divvy stocks. Thats a mill a year passive income while minimizing danger to premium.
>>62250415>>70% of wealthy families lose their wealth by the second generation, and 90% lose it by the thirdIts kinda depressing to realize no matter how great you are, once your kids have kids it only takes a few generations before your genes are completely diluted to fuck.
>>62249593Go all in XRP
>>62249593Put it into bonds and you already get half of what you want per month. I wouldn’t gamble such a massive sum away desu.
>>62249593put it all on red
>>62249593A million a month would require dangerous amounts of risk. You could easily turn it into $250K/month with no risk, that's literally just the 3% rule.
>>62249593First off. You’ve made it. The absolute last thing you should be doing is trying to get a fucking return on your money ESPECIALLY when this whole shitshow is about to collapse. Your number 1 goal is to protect it.If I was you I would buy 10 million dollars in gold. Then like 10 million in real estate paid in cash. Maybe like two 5 million dollar homes?Then take 30 million and put that into like Amazon? They aren’t going anywhere. That seems like a safer bet than just an index fund.Then take 40 million and just live.5 million into BTC and 5 million into a trust that you can’t touch until you are like 60
>>62251651Why are you faggots obsessed with returns? He doesn’t need returns he’s made it.
>>62257150> invest 30% of cash into equities