Let's just assume you had $250K to park in low-cost stock market index funds and had 20 years to just let it sit there.
Let's assume that the stock market return is around 10%/year like has been typical. In 20 years, you would have just under $1.7 million. And, on average would be returning 170K per year. This is assuming you just planted it in an index fund and didn't touch it, or add to it, or anything else. On Mon, Jan 11, 2021 at 6:57 PM Matt Hoppes < mattli...@rivervalleyinternet.net> wrote: > My goal someday is to get to the point that I can live off investments. > But even then I still want to do “something”. > > I see money as a necessary evil to live. But I don’t live for money. > > On Jan 11, 2021, at 8:55 PM, Matt Hoppes < > mattli...@rivervalleyinternet.net> wrote: > > > Correct assumption. > > On Jan 11, 2021, at 8:42 PM, Ryan Ray <ryan...@gmail.com> wrote: > > > I'm just going to assume Matt doesn't have 10mil to throw to someone to > day trade. You can make 1000 a day pretty easily right now, but be aware of > what is happening in the markets. > > On Mon, Jan 11, 2021 at 12:28 PM Mathew Howard <mhoward...@gmail.com> > wrote: > >> Well, that depends, if you're playing with ten million or so, it probably >> is >> >> On Mon, Jan 11, 2021 at 1:37 PM Ryan Ray <ryan...@gmail.com> wrote: >> >>> I think we all know that $1000 per day isn't sustainable. >>> >>> On Mon, Jan 11, 2021 at 11:23 AM Cameron Crum <cc...@murcevilo.com> >>> wrote: >>> >>>> I'd say if any money manager plays with your money as often as you do, >>>> he either has very few clients, doesn't really know what he is doing, or is >>>> a crook. No good money manager will move your money around that much unless >>>> they are trying to create fees for themselves. It is just too risky and >>>> requires too much attention. If you can make 1000 a day, I would ask, why >>>> are you doing anything else? That is at least 22k/month with little >>>> overhead but the electricity to run a computer. Compounded, that is a >>>> pretty nice salary with very little effort. If I could make 1000/day every >>>> day with no overhead, I wouldn't be doing anything but that. >>>> >>>> On Mon, Jan 11, 2021 at 1:12 PM Steve Jones <thatoneguyst...@gmail.com> >>>> wrote: >>>> >>>>> I got my IRA report and had 17 percent return last year. You can put >>>>> your money in my ira if you want >>>>> >>>>> On Mon, Jan 11, 2021, 1:09 PM Gino A. Villarini <g...@aeronetpr.com> >>>>> wrote: >>>>> >>>>>> Bitcoin? >>>>>> >>>>>> >>>>>> >>>>>> *Gino* >>>>>> *Villarini *Founder/President >>>>>> @gvillarini >>>>>> t: 787.273.4143 Ext. 204 >>>>>> [image: aeronet-logo] <http://www.aeronetpr.com/> [image: inc500] >>>>>> <https://www.inc.com/profile/aeronet> [image: fb-logo] >>>>>> <https://www.facebook.com/aeronetpr/> [image: insta-logo] >>>>>> <https://www.instagram.com/aeronetpr/?hl=en> [image: in-logo] >>>>>> <https://www.linkedin.com/company/aeronet-broadband-corp> [image: >>>>>> tw-logo] >>>>>> <https://twitter.com/AeroNetPR?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor> >>>>>> [image: yt-logo] >>>>>> <https://www.youtube.com/channel/UCr2Q9WBrAYVm3Fn970Jd6VA> >>>>>> www.aeronetpr.com | Metro Office Park #18 Suite 304 Guaynabo, PR >>>>>> 00968 >>>>>> >>>>>> *From: *AF <af-boun...@af.afmug.com> >>>>>> *Date: *Monday, January 11, 2021 at 11:56 AM >>>>>> *To: *AnimalFarm Microwave Users Group <af@af.afmug.com> >>>>>> *Subject: *[AFMUG] Hiring a company fund manager >>>>>> >>>>>> We have a sizeable amount of money sitting in a bank account right. >>>>>> This >>>>>> has been collected from various jobs that were rather ludicrous over >>>>>> the >>>>>> past year. >>>>>> >>>>>> There are several options for what we can do with these funds.... we >>>>>> can >>>>>> let them sit in a bank account until we need them and use them, and >>>>>> then >>>>>> go away. >>>>>> >>>>>> Or we can invest them (which I've started doing). However, this is >>>>>> one >>>>>> more thing to add to my plate of things to manage on a daily/weekly >>>>>> basis. >>>>>> >>>>>> Through investing in ETFs and purchasing Option Call/Puts I've been >>>>>> able >>>>>> to return about $1,000/day. This isn't consistent - but over a week a >>>>>> gain of several thousand is not out of the question. Even on a market >>>>>> red day like today, our portfolio is up. >>>>>> >>>>>> My question is, has anyone here either done it, or considered hiring >>>>>> a >>>>>> full-time person to essentially manage surplus cash and make it print >>>>>> more cash through investing? If done right, I feel like this could >>>>>> potentially finance a lot of future projects we want to build. Of >>>>>> course, hire the wrong person and you lose all that money... >>>>>> >>>>>> -- >>>>>> AF mailing list >>>>>> AF@af.afmug.com >>>>>> http://af.afmug.com/mailman/listinfo/af_af.afmug.com >>>>>> -- >>>>>> AF mailing list >>>>>> AF@af.afmug.com >>>>>> http://af.afmug.com/mailman/listinfo/af_af.afmug.com >>>>>> >>>>> -- >>>>> AF mailing list >>>>> AF@af.afmug.com >>>>> http://af.afmug.com/mailman/listinfo/af_af.afmug.com >>>>> >>>> -- >>>> AF mailing list >>>> AF@af.afmug.com >>>> http://af.afmug.com/mailman/listinfo/af_af.afmug.com >>>> >>> -- >>> AF mailing list >>> AF@af.afmug.com >>> http://af.afmug.com/mailman/listinfo/af_af.afmug.com >>> >> -- >> AF mailing list >> AF@af.afmug.com >> http://af.afmug.com/mailman/listinfo/af_af.afmug.com >> > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > -- - Forrest
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