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Re:Ask HN: What would you do with $1M cash? by resource0x on Monday June 18, 2018 @06:35PM (#17342168)
Reliably? What kind of investment pays anything reliably? You can't get 3% from gov-t bonds, but if inflation picks up, you are in trouble. That's the whole point: there's nothing reliable, except death and taxes :)
Re:Ask HN: What would you do with $1M cash? by anoncoward111 on Tuesday June 19, 2018 @12:36AM (#17343871)
I would suggest an annuity if OP is planning on living for a very long time and the money was completely unexpected. An extra $1000 a month guaranteed is pretty compelling. Sure you could maybe make $2000 a month from mutual funds or something, but it wouldn't be a stress free, steady rate of payments. It would boom and bust with market cycles
Re:Ask HN: What would you do with $1M cash? by dman on Monday June 18, 2018 @06:39PM (#17342200)
So you are saying OP could start a country and setup taxes as an income stream? :)