How much money do you need to invest to get a return of $1000/mo to support a basic NEET lifestyle?

They do:
dividend.com/dividend-stocks/high-dividend-yield-stocks/

Most of them are very risky companies, though. Lots of going concerns whether they'll be able to keep the companies alive, much less their dividends.

For less risky companies, he's probably looking at 5-7% yields, which simple math says he's investing between $170k and $240k for $1k average monthly return.

OP, dividend yield is just simple math. You can look at the dividend earning stocks, decide which ones interest you, and do the math to calculate how much you'd need to invest to get $1k average a month.

Why wouldn't you be able to invest in multiple stocks? Not sure I understand the question.

>/pol/ said to never buy bonds.

Most of /pol/ is in highschool or barely graduated highschool.

/pol/ is dumb.

If you want good passive income with the lowest risk of capital loss, longterm corporate bonds in companies like Exxon or GE are the way to go.

You buy one for a thousand dollars. They pay you a percentage every quarter. At the end of x years, they give you a thousand dollars back. You can also sell them if you want

The advantage of stocks over bonds is that both value and dividends will (hopefully) go up with inflation, they're also a lot more liquid.
Instead of buying bonds you might as well blow your 200k in a decade or two because it won't be worth shit in 20+ years anyway.

How do I into bonds?

4% rule gives $300,000. Less if you want to be paranoid about the market or really can't make side income somehow.

most brokers have them. Fidelity has the best selection I believe, but I could be wrong. There isnt an exchange like the NYSE or NASDAQ for bonds, though. You buy them direct from a company or broker and you generally need a thousand dollars per, unless they are trading at a significant discount

>How much money do you need to invest to get a return of $1000/mo to support a basic NEET lifestyle?

I've been working on this myself and I think you need at least 300k for a basic NEET lifestyle. However you can also go NEET lite. So get a full time job, save up 125k, then go part time NEET.

I want full bodied NEET, no fillers.

I'm interested in this as well. I'm 22 and I currently have around $125k USD saved up and I make around $100k a year. I live in the EU so I can freely move to cheaper countries.

I have read that historically the stock market has had a return of 7%, is this too optimistic? I want around $2k to spend freely a month.

So do I, but half neet is better than no neet. And no planning equals no neet.

No its 7.7% over all time but you need to account for sown markets - if yourr 100% stock and the market crashes you need a seperate wad of cash to live off of until it recovers or youll spend the nest egg

Frabkly youd be better off with rental properties and having someone else manage them. For 300k you could leverage into a million dollars worth easy and beat the shit out of a 7.7% return average

it's not too optimistic but safe withdrawal rate is 4%

$1000/month is $12k/year or $300,000 total

>trinity study
>4 percent safe withdraw rule
>you need $12,000/yr
> $12000 / .04 = 300,000k

EZ

sry meant $300,000

here is link btw en.wikipedia.org/wiki/Trinity_study

How many rental properties can you really buy for $300k though?

Is this 4% safe withdrawal rate with inflation factored in? I mean does your capital keep up with inflation if you adhere to this 4% safe withdrawal rule?

Thank you, I'll read that.

yes, it means that you withdraw 4% of the initial investment the first year and then increase your withdraw amounts with inflation

4% works for 30 years almost always, and works longer if the stock market does well
3% works "indefinitely" almost always

also firecalc.com/

Now that you guys are helping me anyway could someone tell me if there is a way I can try investing with small amounts, just for fun and to get an understanding of how it works exactly?

Are there reliable sites where you can do this? Buy cheap stocks just play around with it to get a feel of it?

How small of an amount?
Really, the best way to invest is to buy and hold index funds for the long term (10, 20 years or even longer). It's very boring and easy to do.

I know, I don't plan on doing this with big amounts where I need a reliable return. But this thread: got me interested in buying some low priced stocks, just for fun to see how well they can do. I don't really mind if they lose value. It'd just be about $1k. I just think it would be fun to buy and sell some stocks, sort of like a game.

If you wanna play it like a game, the iphone app robinhood is the way to go.

If you just want to buy and hold to maximize long-term wealth, you can open a vanguard roth ira (if you have a job) and buy a "Target Retirement 2060" fund or whatever with $1k.

I don't have an iPhone but I'll see if it's available on Android. Can you actually buy stocks through the app? I thought it was just a stock price tracker or something.

I'm self employed so I don't have a job.

>Invest 5k in mobile burger Van and basic equipment
>work for a few month
>hire someone
>profit
>buy another burger van
>more profit

If you just want to play around, many institutions offer simulation accounts/services.

Depends. We need to know the country and tax structure.

But a guess is: Capital * 0.04 (return you can widraw after taxes) /12 = 1000

So around 300k should do it. A pretty low sum but 1k a month is also low desu

You can't really analyze dividends like this. A dividend is ultimately whatever the company wants to pay whenever they feel like paying it. When a company pays a stable and regular dividend they can get a reputation for reliability, but when you see something dropping 10% dividends you are always looking in the past. Chances are good that either just a one time thing or their share prices have crashed since the last payout so if the price has cut in half it looks like the "dividend rate" has doubled. Then the dividend gets cut and people are surprised.

As a general rule of thumb you can't count on any dividend above 5% to continue into the future and the only companies that can support 4%+ dividends long term are utilities, energy companies, and government contractors.

you need at least 120k assuming 10% p.a

ideally, you need 150k to keep inflation in check, by not spending all your profits and re-investing some of that residual income

>you need at least 120k assuming 10% p.a

It must be fun pulling numbers out of your ass.

You cant even get 10% every single year and you dont account for any taxes. Good job dingus.

100k?/what do you do?

thats because youre a retard with no financial IQ.. Lending Club makes 12% p.a on average across all their loan classes. And thats even from a pleb lending website

Finding stocks that go above 10% is easy as fug

>people with years of education and an entire career working with stocks cant outperform the stock market but dingus from a korean noodle board can do it every single year

What a time to be alive!

>Finding stocks that go above 10% is easy as fug

Just keep it up breeeh

sweet, as a math major i only need to work one year

Nigga do yourself a favor and go for double what you have planned. An extra few years is worth it to ensure you don't run out and end up with a mcjob for 20 years.

>implying 10% net yearly is impossibru

not sure where you got your education, but stay retarded brah

+- 150 K

>$1000
>basic

I thought the true NEET way was to be a shameless parasite. Why work for 20 years to save up this money if you're going to live in poverty-level anyway. Besides if you do this, by the time you have enough you're only getting to live half of your life as a NEET.