I don’t know what to do with my money12m in vanguard total market. $200k/yr dividends. House paid off job quit. What now
>>62293110go all in xrp
Rope yourself for being either:A) A bragging faggotB) A lying faggot
Get gf, have kids
>>62293110I'm in the same situation except I have $200 and live with my parents.
Set up a scholarship at your alma mater.
>>62293110Live off returns and do whatever hobbies you want to do. Do fun jobs like putting puppies to sleep at an animal shelter. Work at walmart while pretending to be a broke wagie to bang teen girls.
>>62293110does 12m really only get you 200k a year? holy shit thats nothing
cultivate interests. take flying lessons.
>>62293110post on /biz/ apparently
>>62293110Put it in a Vanguard money market account earning 4%, boosting your annual income to $488k.
>>62293110Buy chainlink and turn your $12m into $6m
>>62293110start niggerposting on linkedin
>>62293255>>62293274You guys are both retarded he said 200k in dividends not total returns.
>>62293255540k in bonds at 4.5% interest, so this guy is a lying faggot, plus you could very well get higher yield with divvies + growth stocks. Basically in that money you're already set
I have $200 in my BoA and $5 monthly interest payments
>>62293110They start to waste it on cocaine and buying bulls off of Fetlife or Adult Friend Finder for their wives and mistresses if they aren’t Christian
>>62293110make kids or play videogames
Put it into your interest while doing good works moron so you secure a seat in heaven and create generational wealth for your children’s children
>>62293255well yes, its an equities index so the dividends is on top of the yearly return of 8-20%
>>62293110whores
>>62293110have kids, take family vacationsno better feeling in the world than seeing my kids and wife happy
$10M used to be a lot, now it seems everyone got 8 fig$100M is the new $10MTo op, you're fine. Travel a bit.
>>62293349>Adult Friend Finderthat shit still exists??
>>62293303>>62293309>>62293369which one of you should i believe? im financially illiterate. >>62293444for me $10 mil invested at 7%-10% a year with 4% to take out every year would be more than making it, i would be in heaven
12 million in T bills on fidelity, auto rolled.50K XRP50K BTCThen slurp the dip when the market and tech stocks crash soon.Please do NOT buy at the top 100% into S&P 500 and lose 25% of your money in 3 months.
>>62293530Believe these two guys >>62293303>>62293369
>>62293427wholesome, im just scared of the initial baby phase since I really value my free time. Then again im bored 80% of the day>>62293274fiat "money" is worthless in the sense that the government is always printing infinite supply. id rather hold stuff that will keep pace with inflation>>62293142think id need a lot more to start doing things like that
>>62293663if its 200k on top of 20% thats alright, enough to live a comfy middle class life, but without selling principle thats still not a lot
>>62293697You have to remember that $200k is only taxed using the capital gains tax brackets which means the first 40k is tax free
>>62293116spbp
>>62293120jej
>>62293110can you give me some advice? i only have 250k i just wanna get to 4 million
I have 100 billion dollars and the same issue
>>62293120Based
>>62293739again, thats still nothing. thats barely enough to retire on.
>>62293965$200k a year is way more than enough money.
>>62293974i know lawyers from my high school that make $400k+ a year as 32 year olds, and thats from an average long island high school. $200k pre tax is nothing. maybe enough to get a house and a 3rd world wife.
>>62293978>i know lawyers from my high school that make $400k+ a year as 32 year olds, and thats from an average long island high school.Their entire life is work, you can't even enjoy your money. I would rather take the $200k while doing zero work.>$200k pre tax is nothing. maybe enough to get a house and a 3rd world wife.The average income in the US is $66k, seems like most people are doing fine.
>>62293986crazy comparing a walking corpse wagie lawyer (they are sometimes forced to skip a night's sleep i've heard... can't imagine the degrading depths of servitude like that) and a literally free man
>>62293986>entire life is workand what is your entire life if you're only making 200k pre tax? a few mildly adventurous vacations a year and a 3 bed 2 bath house?>average income in the US is $66kim not looking for average, im looking to support a tall wife and 4 kids without working
>>62293992>and what is your entire life if you're only making 200k pre tax? a few mildly adventurous vacations a year and a 3 bed 2 bath house?If I don't have to work, that means I get to work on my hobbies everyday.>im not looking for average, im looking to support a tall wife and 4 kids without workingYour goal is not realistic. Anyway, life is so much cheaper and less stressful without children.
>>62293110>I don’t know what to do with my moneyGive it to me pls
>>62293110Have lots of sprogs
>>62293110Now you can finally play the game.
>>62293110You can increase your yield significantly with covered call ETFs. Diversify more into income generating assets.Easily make $1 million a year in income if you want.
>>62294047Covered call ETFs are a fucking scam and anyone who tells people to buy them are straight up retarded
>>62293110some people spend 12 mil in a weekend and you think you are actually rich...
>>62294049Not if you do them right and avoid the ones with significant NAV erosion. Covered call ETFs aren't for poors with less than a million or two to work with.
>>62293110Buy a used pressure washer off facebook marketplace and start going door to door.
>>62294053OP is "goycattle rich".
>>62293695The first 3 months can get rough but once they start sleeping through the night it's peak comfy. Watching them grow and learn new things is the most rewarding thing in the world. Then maybe a year goes by your woman will get some drinks in and basically beg you to her pregnant again. Then the process repeats. With your kind of money you could hire a damn overnight nurse. Sleep is the only thing that sucks about having kids. Other than that they are easy as hell.
>>62293110>I don't know what to doI'll tell you what *not* to do: waste time on a message board with people who are trying to escape this hell. If you made it, fuck off with your bragging. If you're trolling, then fuck off and start grinding
>>62294053Nigga, never having to work another day in your life and doing pretty much whatever you want whenever you want is the definition of rich. But your reponse sets off every 'I'm brown' alarm so I doubt you'll grasp what I'm saying.
>>62293110For fun you could try putting some of it in a wealth management account backed by actual humans. You'll pay your 1% or whatever (I'm very much a security enjoyer so it's worth it for that one extra layer of protection), but it's kind of nice having actual people thinking about your shit all day and having a phone # you can actually call someone who knows who you are.
>>62293353>doing good workscorrect >so you secure a seat in heavenincorrect
>>62293120
>>62293110Buy BTC, that's all you need. I'm no longer buying any alts, just BTC alone. If I need liquidity I might lend now that TBV is now a thing but aside that, go all in on BTC
>>62293992>im not looking for average, im looking to support a tall wife and 4 kids without workingJust donate all your money to the government. The result is the same. You can do that here:https://www.pay.gov/public/form/start/23779454>Use this form for contributions to reduce the public debt.>Accepted Payment Methods:>Bank account (ACH)>PayPal account>Venmo account>Debit or credit card
>>62293353>you secure a seat in heavengod wants us to be rentoids even after death?
>>62294178>grindingOP will read that and run to the nearest gay club.
>>62293110If you're white, do a world tour of donating your semen to as many third-world sperm banks as you can. That's what I plan on doing for at least a year if I ever make it
>>62293110tight latinas
>>62293996>Your goal is not realisticso then how are people running around with so many kids? specifically poor people?
>>62294941Because they have low standards for everything and absolutely no goal in life other than survival and consumerism.
>>62293427how will you feel when she divorces you and takes the kids?
>>62293120You have more than OP guaranteed
>>62293110People don’t start taking you seriously until you cross 9 figs in my experience. so just keep grinding, what you’re doing is working.
Probably should protect your principle as much as possible, start to purchase 30 year US debt ( I could go over the reasoning the US hegemony is not going anywhere but ultimately I'll just say that being a large exporter of crude oil and LNG means that there might be long term debt adjustments to US bonds like new normal being 6% long term debt rates on 30 year but not what people expect ) Take $150k of those yearly yields and live a reasonable life on that income, and just aggressive invest ~300k$+ after taxes.... and just rebuild that 300k$ into another 12 million, and repeatBiggest point of being wealthy long term is to protect your principle, let your dividends do the risk taking. >.t guy managing a family office that is eight figures and has strict requirements on risk tolerance... tl;dr we've managed to turn extremely small dividend from large principle using strategies I would never be able to use had their principle been at risk.
>>62293353>interest>secure a seat in heavenAny kind of interest on a loan is usury, which is a grave sin anon
>>62293353>heavenWhen the brain stops, you stop. Thanks for playing, wagie.
>>62293389I met a chick off IG who blew me almost daily at a Tesla charging station. It gets old after a while because it’s pure lust with terrible post nut clarity. Also she had rancid fucken breath. Like unbelievably bad.
>>62294060I fucken love this meme
>>62296361how much of principal into 30 year USA debt? if
>>62293110gratz invest more dividends
>>62293110>12mrookie numbers
>>62293110now you go life live
