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re: $1m cash

Posted on 3/30/22 at 11:39 am to
Posted by Jjdoc
Cali
Member since Mar 2016
53510 posts
Posted on 3/30/22 at 11:39 am to
1- 60% in stocks divided into divi and growth.

2- 10% in Mining farm... should generate around $400 to $500 per day. Or around $12K per month. With this, I start crypto bots in the first month, maybe 2. Starting on the 3rd month, I use that income for other investments.

3- Purchase vacation rentals in hot spot areas. I would only use the needed % to close the loans and I would buy 3 to 4. This should return another $12K per month. Can't say what % that is because it depends on the property prices.


4- The remaining, I set aside in anything that makes a % but I can get my hands on within an hour! In other words, All things can fail. In the end, you may need it.
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22404 posts
Posted on 3/30/22 at 12:49 pm to
quote:

10% in Mining farm... should generate around $400 to $500 per day. Or around $12K per month.
Why can't people see this? 12% per month; 144% per year. I know financial advisors who'd sell their kids to the circus for that.
Posted by tigerfoot
Alexandria
Member since Sep 2006
56523 posts
Posted on 3/30/22 at 2:47 pm to
quote:

- 10% in Mining farm... should generate around $400 to $500 per day. Or around $12K per month. With this, I start crypto bots in the first month, maybe 2. Starting on the 3rd month, I use that income for other investments.

So you can get 12% returns doing this? How?
Posted by Nephropidae
Brentwood
Member since Nov 2018
2397 posts
Posted on 3/30/22 at 9:16 pm to
quote:

2- 10% in Mining farm... should generate around $400 to $500 per day. Or around $12K per month. With this, I start crypto bots in the first month, maybe 2. Starting on the 3rd month, I use that income for other investments.


tell me more.
Posted by shel311
McKinney, Texas
Member since Aug 2004
111189 posts
Posted on 4/1/22 at 10:39 am to
quote:

2- 10% in Mining farm... should generate around $400 to $500 per day. Or around $12K per month. With this, I start crypto bots in the first month, maybe 2. Starting on the 3rd month, I use that income for other investments.

$12k a month on a $100k investment?


Why are you only putting 10% into that then?
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