80k shares in Vanguard World Market ETF pays about $150k/yr in dividends and returns 10-20% cagr which is between $1.2MM-$2.4MM every year
>A 1% price swing is $100kthat would be wild to watch
>>62684235now imagine having $12m that is 20% in hard gold, and 80% in high quality government and corporate paper and then that 100k is your yearly salary for doing literally nothing except taking some risk
>>62684238Government papers never pay out, at best case they give Inflation back.
>>62684242right exactly, you have some of the portfolio that keeps up with inflation at the very least, and then some that pays a little more than that. you can live off of it and re invest some every year. even in the worst case, it is possible to live off even $3m sitting in a savings account for the rest of your life.
>>62684235It is at first, but like everything else, you get used to it. The zeros start to bleed away in your head.
