Retard here. I'm about to receive ~1.5M from my grandparents' will. Could I invest 1M into SPY or VOO and sell a bit of my principle every year to use the 8-10% growth as income

File: 564 KB, 800x430, k00002.gif [View same] [iqdb] [saucenao] [google]

Anonymous Sun Jun 18 09:39:44 2023 No.55331914 [Reply] [Original]

Retard here. I'm about to receive ~1.5M from my grandparents' will. Could I invest 1M into SPY or VOO and sell a bit of my principle every year to use the 8-10% growth as income

>>	Anonymous Sun Jun 18 09:43:42 2023 No.55331926 >>55331914 Here's what you do >buy a house >buy at a bare minimum 20 BTC for 500k >do whatever you want with the rest

>>	Anonymous Sun Jun 18 10:11:58 2023 No.55332001 >>55331914 >1M into SPY or VOO better to put it in a monthly dividend etf like VIG

Advanced search
Text to find
Subject [?]Search by post subject. Leave empty for any.
Username [?]Search for user name. Leave empty for any user name.
Tripcode [?]Search for tripcode. Leave empty for any.
Email [?]Search by email. Leave empty for any.
Filename [?]Search by image filename. Leave empty for any.
From Date [?]Enter what date to start searching from. Format is YYYY-MM-DD
To Date [?]Enter what date to start searching until. Format is YYYY-MM-DD
Image hash
Search in	All Posts OPs Only
Deleted posts	Show all posts Show only deleted posts Only show non-deleted posts
Internal posts	Show all posts Show only internal posts Show only archived posts
Order	New posts first Old posts first
Capcode	All Posts Only by Users Only by Mods Only by Admins Only by Developers
Results	Posts Threads
Action	[ Simple ]

/biz/ - Business & Finance