How much money would I have to invest in order to make ~1k usd/month in returns...

farquit
farquit

How much money would I have to invest in order to make ~1k usd/month in returns monthly?

SomethingNew
SomethingNew

@farquit
Google the following you stupid faggot:

1) what are interest rates?

2) why is risk and reward always proportional?

3)how do I know if I'm gay?

w8t4u
w8t4u

~$80,000

askme
askme

@w8t4u
lot more if you want to keep up with inflation.

Poker_Star
Poker_Star

@w8t4u
How do I do this? I've been looking at annuities and stocks and shit and I've never seen it this cheap. I'm a total newfag at investing tho

Playboyize
Playboyize

@Poker_Star
it takes about $500k in the investments to provide you a comfortable safe living (around $2k per month) halve that and you get the $1k should be around $250k.
$80k would only work so far, inflation would mess it up real bad if you withdrew $12k annually.

VisualMaster
VisualMaster

200k or so.

Fuzzy_Logic
Fuzzy_Logic

$300k to never dip into principal less if otherwise

Supergrass
Supergrass

@Playboyize
@VisualMaster
@Fuzzy_Logic
Ok and what route would I take to do this? Just give my money to a stock broker?

Raving_Cute
Raving_Cute

@SomethingNew
3 doesn't even need googling
I know I'm gay because I'm OP
there we go!

Nude_Bikergirl
Nude_Bikergirl

@Supergrass
Just give my money to a stock broker?
i wouldn't
with $250k you can basically invest in bonds and portfolios yourself. most recommend vanguard for example but the important thing is don't put more than 25% into one thing.

like you find 4 portfolios you like gaining 5-7% at least annually containing bonds and stocks also. and you buy them and reinvest part of the earnings and only withdraw what's left above inflation rates.

viagrandad
viagrandad

@farquit
Lets do the math here. Enter green text
I assume you mean $1,000 dollars per month net, which would be $12,000 net per year.
If you're in the US and paying capital gains teax of 15%, that would mean you were grossing $13,800 a year (12,000 x 1.15)
You can pretty easily find dividend stocks that pay out 4% per year.
If you're looking for gross dividend gains at this rate use the formula (Principal x .04 = 13,800)
The math works out to $345,000 principal.

lostmypassword
lostmypassword

@viagrandad
I fucked up my math here.
You would actually need to gross $14,118 a year to net $12,000 (Gross x .85 = net)
So the carrying that forward, actual principal you would need is negligibly higher than my initial estimation, $352,925

Snarelure
Snarelure

@farquit
Entirely depends on how much risk/reward you're willing to take on with the principle.

Emberburn
Emberburn

@farquit
Why such a tiny ass amount of money?

Think big guy

Emberfire
Emberfire

@farquit
Invest 10k in Monero and you'll have that for life.

AwesomeTucker
AwesomeTucker

@Emberfire
picture of wenches in burkas
you'll have that for life.
possible that you will have to cover your face in shame

Illusionz
Illusionz

@AwesomeTucker
It all depends on what you'll do with the 5m

Nude_Bikergirl
Nude_Bikergirl

@w8t4u
15% stable roi annually and that's not even accounting for inflation. yeah, right. any more snake oil you've got to sell?

Raving_Cute
Raving_Cute

@Supergrass
Just give my money to a stock broker?
Yeah, just give him like $400k. He'll handle everything.

King_Martha
King_Martha

@Supergrass
invest in pimco funds. but be prepared to hold for a long time and through some volatility.

pfn would be a good one. 200k would be 1600 a month with that fund. but rising interest rates will cause it to go down. But you should be fine in the long run

WebTool
WebTool

@Supergrass
Buy Gold/Silver

LuckyDusty
LuckyDusty

@WebTool
if its physical.. your money will stagnate

ZeroReborn
ZeroReborn

@LuckyDusty
except that a finite supply with potentially infinite demand has uncharted value, good luck having phones and computers when I buy all the precious metals

Bidwell
Bidwell

@ZeroReborn
finite supply
kek the earth has a gold supply so abundant we would all choke in it if it was distributed on the surface. it would literally cover the earth surface about a meter high at least. and then there are the asteroids and the universe. infinite supply for infinite future demand. no problems.

Methshot
Methshot

@ZeroReborn
my other investments has so far outperformed physical gold by a long shot.

The only thing good about gold is you wont lose money, assuming they go up in value to cover your transaction premiums

TreeEater
TreeEater

@farquit
Like 2,000 with margin.

PackManBrainlure
PackManBrainlure

@askme
And taxes

SniperGod
SniperGod

at a rate of 1% a hundred grand 100,000

TurtleCat
TurtleCat

@SniperGod
1% can barely cover for inflation.. might as well have your money get eaten by termites

BinaryMan
BinaryMan

@farquit
400k
Anything less will get eaten by inflation

Spazyfool
Spazyfool

@PackManBrainlure
some plans allow you to avoid taxes for a while
for example i could put my money into an account where i can buy and sell portfolios from and if i keep in my money for 5 years it's tax free. it has a fix fee which means it's really worth it in case of a larger sum where the fix fee is inconsequential.

Disable AdBlock to view this page

Disable AdBlock to view this page