Re:94k Bitcoin (1B USD) transferred from unknown wallet to u...
by leetcrew on Monday September 09, 2019 @03:49PM
(#20921718)
GP said nothing about liquid funds, and this thread is mainly talking about people's life savings.
in this context, one million dollars is really not much. if you have no job or pension, one million in assets grants you the ability to spend about $40k a year safely. you could certainly have a comfortable retirement this way, but it would be far from a luxurious lifestyle.
For the very very vast majority 100K in liquid funds would be a fortune they could never imagine acquiring outside of a huge lottery windfall.