How do i turn $750k into a cash flow i can live off of without investing,...

Emberburn
Emberburn

how do i turn $750k into a cash flow i can live off of without investing, saving, or retiring

SniperWish
SniperWish

you want to make money work for you without investing it?

RavySnake
RavySnake

thats correct, by investing i mean investing into any sort of financial instrument or injecting capital into another compan

CouchChiller
CouchChiller

Bump for interest. I have $750k too.
So California real estate is expensive as shit, still reading about wholesaling but interested in more and smaller high yield deals. House flipping is Aids

VisualMaster
VisualMaster

How do I turn $750k into a cash flow without doing anything?

BunnyJinx
BunnyJinx

I'm confused at your question... are you basically just asking what sort of business you can start with that money?

You can live off $750k pretty easily in a lot of different ways, but you have disqualified yourself from some pretty straightforward options for seemingly no good reason.

Gaining some amount of financial literacy would be a good first step.

StrangeWizard
StrangeWizard

you can live off 750k for ever m8

Stupidasole
Stupidasole

yes, i want to actually be on my feet and participating in a business, the more active the better

i'm aware i can retire w/ this kind of money especially since i lead a simple life but i want to be doing something

King_Martha
King_Martha

without investing, saving, or retiring
Start a business.
Buy $750k worth of kneepads to sell to Veeky Forums

farquit
farquit

Buy an established business.
For that kind of money you can easily buy a place making $100-$150k annually with little to no effort on your part. Then you're pretty much set for life.

cum2soon
cum2soon

muh dik

WebTool
WebTool

This.

Except small business multiplies are closer to 2-3x EBITDA.

Talk to a broker. Be very careful this is a dangerous game to play.

LuckyDusty
LuckyDusty

Chick fil a franchise.

CodeBuns
CodeBuns

try /r9k/

Firespawn
Firespawn

buying a business can be risky. you'll need a CPA to check revenues and such. Also think about the location, trends in the market, and why the previous owner is selling.

WebTool
WebTool

buy single family residences, and renting them out?
work side jobs and try to break into selling homes/property mgmt.?

kizzmybutt
kizzmybutt

you don't know what the fuck you're talking about.

Sharpcharm
Sharpcharm

750K is nothing

You need at least 5M USD to be considered wealthy, as in you can sit on a 3% treasury and do nothing until the day you die

Snarelure
Snarelure

Well that's easy. Take your life expectancy less your current age then plus 10. Then take 750,000 divided by that number. That's a pretty safe withdrawl level if you're not going to put that money to work. Can't help but wonder OP, why such a stupid question?

BinaryMan
BinaryMan

tfw people as stupid as OP have 750k

FastChef
FastChef

thats called retiring, i'm talking what kind of business can i buy or start that can get me good cash flow

Spazyfool
Spazyfool

buy 750k worth of powerball tickets. you will be swimming on hundreds of millions, user, and you won't have to lift a finger ever again.

viagrandad
viagrandad

Pay me for a year 80k while I work on a cyber security start up..we'll negotiate the financials. Have a skype?

Playboyize
Playboyize

people start businesses to make money (which you already have), not to "stay active" and have fun or some shit.

Snarelure
Snarelure

welp my business made 3/4s of a million
I'm good
that's all I need
closing up shop

New_Cliche
New_Cliche

Protip: you probably can't retire on this cash.

Stark_Naked
Stark_Naked

spend it

DeathDog
DeathDog

without investing, saving, or retiring

Wat?

I guess, buy a life long annuity at an insurer. I can't really think of anything else that's realistic.

Harmless_Venom
Harmless_Venom

invest in dividend stocks with leverage.

StonedTime
StonedTime

how do you find them?

VisualMaster
VisualMaster

suck cocks for 1$ each. Once you suck 5000 cocks a month you could live pretty well without even touching the 750k

Ignoramus
Ignoramus

$750k
Just move to a place where the cost of living is low (not a city). Then live frugally while plopping the money you won't be spending for a year or two at a time in a savings instrument that breaks even with inflation.

Spazyfool
Spazyfool

how did you get it?

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