Re:I just don’t want to be busy anymore
by antupis on Monday September 27, 2021 @02:37AM
(#28667735)
2M is 140k$ yearly with 7% return. You could live very comfortably almost every where.
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If you can manage a consistent 7% return then you should be running a hedge fund.
Re:I just don’t want to be busy anymore
by antupis on Monday September 27, 2021 @06:49AM
(#28669164)
1. you personal savings are more volatile tolerant than big pension funds. SP500 annual avg growth is 10% so you can almost achieve that 7% if you deploy 50/50 split to sp500 index + 30 year t-bonds.
2. It is magnitude more easier to deploy 2 million dollars to market than 2 billion dollars.