If you were given 1 million from inheritance would you just put it all in ETF's/ Index Funds ?

1 million in cash? Let's actually do some math.

60k annually is enough to live a fairly comfortable life. You can get ~80k annually by putting 1 mil into an index fund, re-investing the 20k to partially compound.

But, the main problem is going to be taxes. So what you really want to do is set up a corporation so you can make your normal expenses, "business expenses" and thus make part of your income "tax free".

But you can probably do better than 8%/year, if you want to, because your higher starting capital means you take bigger risks. You can buy options and generate cash that way (e.g covered calls are a decent way to make income, you can make something like 3-5%/month with minimal to no risk if you combine it with a put option).

Finally, rental properties and businesses are always an option, but sometimes may be more effort than they are worth.

Now assuming the passive income covers your expenses, you're essentially living on the money itself and at that point you can pursue whatever you want. Travel? Picking new skills? Devoting yourself to a craft or art?

It can be done.

Ey, another bizraelite from Phoenix. Why in Scottsdale though? Wouldn't prices of basically everything there be extremely inflated?

in case you're being serious how much does a car wash make?

I would buy an annuity.

invest it all and buy an apartment and a car and take time to travel the whole world for a year or two

60% s&p 500
10% tsx
10% international
10% actively managed
5% insider tracking
5% small cap

I'd invest it all in dividend stocks for passive income. Then backpack around the world.

Why would no one do this?

>If you were given 1 million from inheritance would you just put it all in ETF's/ Index Funds ?
yes

No.

I'd buy a home and 1 rental property. I'd have a single tenant in my home and 2 tenants in my rental property.

I'd be making like $2k or more a month for almost no work.

Ummm you'd make 70k a year for doing literally nothing if you put it in the s&p 500...

Land lords actually do have to work and it's riskier. Don't fall for the rental property meme

assuming the market doesn't go sideways, or down

individual undervalued stocks is the only way to go in the stock market

you're a fucking retard

No. 7% is the annualized performance. Not the number you will get every year but the historical return.

Its not a meme , once youre portfolios large enough you hire property managers and the s&p averaged 7.7% over all time. Real easy to beat that with cashflow tentals + appreciation as icing on top

capital gains?

seconded

Depending on if your s&p 500/ other index fund is a swap based or underlying based you could get dividend income as well.
Yeah once you get big enough, but there are more risks involved with rental and it's a lot more work. People think that renting is lower effort and lower risk, that's not true.

This is extremely hypothetical and stupid but
If you purchased 5,306 shares of $VOO (Vanguard S&P 500 Index Fund) on the day before the ex-dividend date (March 18, 2016) at the closing price of $188.45 ($999,915.70 total invested), you would receive $5,337.84 as a dividend on 3/28/16 for that quarter. The dividend fluctuates every quarter with no real pattern. $21k guaranteed annual dividend income isn't that incredible on a $1M investment, but it is a hell of a supplement.

>60k annually is enough to live a fairly comfortable life. You can get ~80k annually by putting 1 mil into an index fund, re-investing the 20k to partially compound.

dude I could live off of 30k a year.....that's how brutal my life is, and I'd be making at least 10k more a year than I did last tax return

>Travel? Picking new skills? Devoting yourself to a craft or art?
This is basically what I would do, to a degree, I currently paint and if I had an extra 10k a year I could just buy my own shows basically and pretend like I didn't....get someone to pretend they are my agent or an art dealer or some shit (family member) and have them rent the space for me....eventually raising the price of my work until I can make a living off the art work, you're better off pretending to be some fancy foreign artist in w/e city you travel to than a local

No, because (assuming I go full-blown NEET) that initial million and all its interest would be gone long before I plan on thinking about dying; I perhaps would instead pursue something like the following investment strategy:

>$100,000.00 -- treat myself
>$400,000.00 -- buy real estate
>$500,000.00 -- start a company

>If, however, I were given $10 million instead, I think I'd put half into ETFs, half the remainder into a business, half the remainder of that into non-perishable, high-value, actual physical assets such as precious metals for safekeeping, and then just blow through the rest as fast as possible on shit like a thousand acres of land in Nevada, a luxury automobile, a comfortable house, a year of travel, a month in another country, a week at a casino, a day of reckoning and an hour with the world's most expensive prostitute.

No. Would invest 100k and use the rest to buy a specific ferrari worth 850k. The last 50k ill spend on new gadgets

save it and invest some of it to try to make it into 10 million or 100 million or even 1 billion or 10 billion but only if something looks like it will for sure work

Because when you burn the coal, you pay the toll.

>Pay off student debts
>Buy modest house in nice area
>Get a new car (something logical not some gay ass penis substitute)
>Invest in my current small businesses to expand
>600k into index funds

>index funds

Actually bought into the "the American economy always does it" meme.

Good goy. Good luck holding onto that when the market tanks because of jew rats plunging this country into 21 trillion in debt.

I'd just put half in real estate and half in an index fund.

bump

>paying taxes on a million dollars

>invest that money in individual stocks that are undervalued

I bet you know what's undervalued better than thousands of professional Harvard MBA's managing multi-billion dollar endowment portfolios!

pretty sure that Bush and the war repubs where not jews and that jews are too deeply invested in the stock market to want to tank it...

are you arab?

You don't understand, You can make money when the stock market goes down.

no, i have no interest in being involved with the stock market.

>... you can make something like 3-5%/month with minimal to no risk if you combine it with a put option).

Could you elaborate this further? How do you avoid spreads and fees that consume your gains?

No, Mr. Satan

>putting all your money in one pot
I wish the lazy index fund will die

Correct

you need a million just for gas for that cigarette boat.

Seriously a couple hours at wot will run you 10 grand

george soros is a dangerous man to nation-states so anything he says outta be taken with a grain of salt.

no it doesn't. I've borrowed my friends 39' Kachina before and filled it up.

the actual cost on those $3 car washes is about 36 cents. My father leased one for a few years till the owner decided to sell. I would just let him run the wash and I would continue to work my normal job in the fastener industry which I enjoy.

His wash was also in Scottsdale.