How do you plan to store/allocate assets once you make it? Let's say you have $15 million

5M in gold, 5M in blue chip crypto, 5M to experiment with in stock market or real estate

>Cashout

If you are American wouldn't you get taxed almost 50%?

Whats the best method of avoiding losing too much to Mr. Shecklestein?

Ill buy under or unused land with orchards on them and raise organic pigs, chickens,.etc for retirement

Have a restaurant in the city that serves whole, oven roasted hog, on order, and wine i like

I'm not an American. I'm a Brit. Currently it can be classified as gambling, which is not taxed. Or if it's capital gains it's 10-20%. Or there are offshore havens like Gibraltar. I'll be fine.

Not that I would ever, ever have anything close to that amount. I'm just too dumb.

i would buy a 15MM dildo and allocate it up my ass

Stay in crypto, get in stocks and real estate funds, maybe try startups, donate the rest, shitpost on Veeky Forums, die

most interesting answer so far.

lewd

this right here, would stick with real estate though.

$7 mill in a diversified, high dividend stock portfolio to live off of

$3 mill high interest bonds

$500k cash

$4.5m real estate and maybe rental property

I'd live like a king while still making money off dividends and interest

anyone know how to invest in renaissance tech? would def put money there

I just want a nice country house with lots of land... It's honestly all I want.

Interesting strategy, but how would you diversify? Nipple clamps?

Could easily do that with my strategy

High div funds usually pay out 5% quarterly. With $7 mill invested you get $350k paid out every 3 months, without burning a cent of your initial investment. Just for parking your funds there.

>I don't plan to purchase or follow kike propaganda
>88 dubs
Breaking the conditioning here

I just need 500k. Buy 4 houses, live in 1, rent the other 3. Anything over 500k will go into index funds and my shitty film direction hobby. Im lazy as fuck to have my own business and I value more my time than my money. I practically dont need money, but time? You cant never have enough time

Oh, absolutely. I was just making a statement. Honestly, the amount OP suggested is far more than I would need.

Be a loaded mobster or tycoon

Renting is actually time consuming/stressful if you don't have the money or wherewithal to outsource the maintenance work

Would not do it if I couldn't afford a manager

Really? Even only for 3 houses? Jesusfuck, then bonds and index for me I guess

This sounds like it could be comfy desu. Any anons here have experience with property managers?
Great discussion anons let's keep it up

The income from having a rental property is often lower than people assume too. Especially when comparing it to investments that don't require you to do anything and don't risk you being stuck with deadbeat tenants.

I’d buy 3 properties, put a load into vanguards, and keep some in crypto desu

I'd probably just kill myself drinking or something.
Not prepared for anything like this.

Luck for you Skippy I have a $15 million dildo for sale.

I'll be storing my dick in your mom's ass OP

invest in safe % yield whatevers

I have no idea

but even 1% on $15m is $150k which is alot (to me)

I’d just go live in Japan or Korea and just like.. yeah

Why not total stocks like VTSAX instead?

This is true, especially if you have a high turnover on tenants. The key is to have enough money that having a property sit empty for a month or two and having to hire the occasional plumber, handyman, etc. isn't a hardship. If you're living off the income of only one or two properties w/o having a decent amount of money stashed away in reserve then you're going to run into some stressful situations. Also some tenants won't hesitate to call you and complain about all kinds of random things that they should handle themselves.

Wtf that's literally my exact strategy. Good shit, user. (Except my dividends will be from more than stocks [REITs])

BONDS YO

keep some cash to make maverick trades on stocks if you know what you're doing

How does a 3 fund Vanguard portfolio consisting of VTSAX, VTIAX, and VBTLX sound?

VTSAX is the safer option. Less exposure

I would piss it away on cool shit like guns, escorts, lambos and paying people to do shit like fuck their sister in front of me.

Take no chances, stop freelancin'
Invest in your future, don't dilute your finances
401K, make sure it's low risk
Then get some real estate (how much?)
4.2%, Thirty year mortgage
That's important, that's a great deal
And if you can't afford it, don't forge it on your last bill
Renting is for suckers right now, a dependable savings
And you'll retire with money in your account

Real life example, I cashed out gains in December and put everything in VOO. I know there's lots of other Vanguard funds but I thought I'd keep it simple.

I put around around $200k so not $15 million but that was close enough to "making it" to me. Maybe BTC will keep mooning but bird in the hand...

Good choice, you can't go wrong with S&P 500

don't you guys have government treasury bonds with a fixed rate + inflation?

Here in my South American shithole we have yearly 4% + inflation bonds we can buy

-1 mil in a diversified REIT.

Live off of mad dividends.

Then:

-Buy 5+ acres of land and put 2 houses on it (one for my family members).
-Fortify the property and stock it with water, food, guns, and ammo for the possible happening. Make secret passages and shit.
-Buy a nice car and a truck.

The rest:

50% in crypto
30% in ETF
10% in Bonds
10% in precious metals

Can you actually park millions in an index fund, or do I have that wrong?

if you have millions, yes

>tfw u will never be rich

Is VTSAX, VTIAX, VBTLX the holy trinity in terms of safe investing?

I would finance my home VR Entertainment system startup.

No, only employees can invest you retards

Why so specific user? Are you hiding something from the IRS?

Most High-Yield Dividend ETF's return about 5% annually. Not sure where you'd get 5% quarterly.

Honestly curious if you know something that I don't.

That's easy, put it in my Bank of America savings account and collect 0.03% a year just for doing nothing! That's so nice of them to give me free money.

You faggots will claim larp as always, but I don't give a shit.

>Folio was worth $8.3M in late Dec (thanks money skeleton)
>Cashed out $6M
>$2.5M reserved for real estate after current housing bubble pops
>$1.2M reserved for taxes (not US)
>$2.3M in stocks and bonds
>$2.3M left in crypto because I'm never leaving. Crypto is a lifestyle

And I bought a $50k car.

This sounds cozy, user, good luck.

This is a good mix. Personally I'd keep at least a mil for high risk stuff though. I mean why not when I could lose it all and still have $14M?

Except when the whole market implodes, which it is set to do in 1-3 years.

This mix here is closest to how I'd do it. Maybe a bit less in crypto though, no need to be so risky when I already have $15M

>$2.3M left in crypto because I'm never leaving. Crypto is a lifestyle

Checked and I agree, I'm hooked.

just curious, what return rate are you getting on stocks and bonds?

>4M crypto
>4M stocks
>4M cash

3M spend asap on
>medical {dental, lasik, boosters, enhancements}
>tech
>travel as pianist doing gigs and stay in nice hotels

put it all in tether.

$1.5M in gold
$1M buy my parents their dream house
$500k cash
$7M in stocks/ETFs/bonds
$3M in crypto
$2M invest in real estate/cars/start a business etc

Staking coins and will travel the world off the passive income until I find the perfect place to settle. Then I'll buy land and build myself s custom house that can be off the grid and be self sufficient. After that, I will plot to take over the world.

Realise Link has to reach over 2k for me to make it to 15 million. Oh well, 1M might have to be enough for me...

Yeah so check Veeky Forums instead thats fool-proof

autism

No fucking clue. All I know is that I'm going to buy my own forest.

Vast majority weighted towards low risk assets like AAA bonds, blue chips and Treasuries. Even if you were only making 3-4% a year on 15 mil, that is around $500,000 a year, a lot of which could be tax exempt if you put it into the right assets.

That is dumb money for literally sitting on your ass. You could travel around the world all year and still have money.