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re: Two dead gangbangers, time to bring out their 3rd grade photos
Posted on 3/28/24 at 2:28 pm to TigerAxeOK
Posted on 3/28/24 at 2:28 pm to TigerAxeOK
quote:
Now, I've never had that kind of money and probably never will, but I guarantee if you hand me $4M my first thought is going to be, "how can I turn this into $6M within 24 months?"
i mean i would just keep doing what i am doing and just scale up but even the dumbest of the dumb could throw 4 million into a money market fund paying 5% right? right? and use that income to live off of?
that is 200,000 a year income off 4 million sitting in a MMF. with no worry about loss of capital.
imagine them putting it in SVOL paying 15% or QYLD paying 10%. sure you may lose some capital but the dividend returns would be outstanding.
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