How can I make $1.2 million last forever?

Put it in my account forever.

If you want a stocks one, just buy a somewhat broad one mimicking the market.

Buy a world index ETF (MSCI/FTSE World).
return of at least 4% after inflation. 50k/year. Still need to live frugally

Buy a $600000 McMansion and a $600000 sports car. I mean thats what 99.99999% of my fellow burgers would do.

I am finance & stock agnostic. I.e. I have no clue.
But I know that there are some Co.'s that manage portofolios and for these two portos I am impressed about the growth.
Are they legit or there is a catch ?

Wait for housing markets to crash, buy a house on the cheap. Resell it for 50% more in 10~ years when bubble about to pop again.

Put 100k into Bitcoin
Put 200k into Gold coins (Not paper)
Pug 100k Into Silver coins (older the better)
Buy a safe (store gold) Big one not movable.

Put rest of money into a CD and live off intrest

>12%

So, have Warren Buffett personally manage it for you?

Buy 5 Million linkies
Sell for ~200 million USD when $40
Invest half of it to put all brainlets who unironically FUD Chainlink on suicide watch.
Life a happy and for filling life.

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>Housing market crash
Go back to Jow Forums Nuriel !
I bought 3 apartments 4 years ago and beside some sweet $3/mo the value increased by 25-30%
:/

Returns on the s&p 500 are 10% every year for as long as it existed. ETFs are ridiculous. You don't need Warren Buffet for that.

But seeing how predictions about the future are not possible I would adivce against investing in the s&p 500 because it's a huge bet on the USA.

Move to a poorer country

> 50% return over ten years

That's 4% annualized. You might as well wait for the stock market to crash and then make twice as much holding stocks

So where are you getting the 12% from? Because half of professional money managers will perform worse than the market before fees

>t. sleeps in his car

It's simple.
Choose the other half.

...

Right, so you think that its just going to keep going right Chad?

Once the bubble pops, it will go up again. People will ALWAYS need property.

Wrong! Once the bubble pops, the government and the banks that control them will reinflate the bubble right back to where it was before. People may need property, but banks and government will ensure that the taxpayer bails them out and then pays dearly for a $250k mortgage on a $25k a year salary.

At this point I can endure a 30% drop without losing any money.
And I 've been living for free the last years.
My point is that you can't time the market.
Search for the best oportunity and go.
Keep some money cash ofc but to wait for le ebin crash might dissapoint you.
Same threads were on Jow Forums when I bought.
Jow Forums is good for memes.
That's it.

buy some fuckin masternodes , buy btc eth . you could have 5 million next year easy

What happened in 1989? Housing crashed, What happened in 1999? Stock market crashed, then it bailed its self out by housing market. What happened in 2008? Housing crashed. Then Gov bailed out banks and threw in shitloads of QE, now you got 2019 coming up and shits starting to hit the fan again, USA cant keep going with the amount of debt it needs to either default, or create a war.

>buying shiny rocks
How to spot a brainlet

This is the correct answer.

Look into closed end funds. Obviously not something to go all in on but they can pay crazy dividends and are a *reasonably* safer vehicle than some other investments. Have been accumulating this one and am hoping to buy a sizable amount if crypto runs up again.

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ALL IN DGB

Live on 10k/yr for 120 years

everybody making free money
yeah this will end well

is this basically showing that this ETF pays 11.23% annually, and pays it out quarterly at $0.24/share that you hold?

that actually seems pretty insane if that 11% is sustainable longterm its like you get $500k invested in something like that and you're making $50k+ per year which is more than enough to comfortably live in many places in the world.

>t. Bezos J. Rothschild

And this, gentleman, is why you should look into RLX. Even though they don't guarantee such high return (obviously) it is not uncommon to have a 20% interest rate in real estate development. If you receive 20% over 8 years you're well off.

I would definitely recommend reading on how closed end funds work, and there are definitely different pros/cons compared to standard ETFs. Payout rates *can* change, but if the fund does well and we aren’t in a major correction, typically you’re good. There’s some out there that are much higher risk that pay close to 20% currently.

Not everybody bro.
You are poor. Allways will be with this attitude.
>Muh crashes will come and..
And I'll simply maek more of them green shit.
Only smart money can make this move.
Eg. me
You will allways whine and be somehow happy when the stock/real estate will correct 10-20% b/c
>You knew
And that is it. New days with new opportunities will come again, you will preach the next crash, live frustrated and post wojaks.
Fuck off faggot !

this is absolutely the wrong answer, learn how to run those 1.2 mil up and live like a king in the meantime. You need hard work.

assume 7% growth rate

extract 40k annually for expenses

pretty easy

buy drugs and resell for profits
repeat

Give it to me and I'll throw you into mutual funds. At 1 mil there is no comission. I'd get a finders fee, plus 25 basis points p/y to service you and make sure your allocation is relective of the market. Sure a 2008 style crash would shrink your port. 40% and it would take years to recover, but youd get 4-8% long term.or be a huge pussy and ladder CDs and lock in higher rates when the WSJ rate is over 7%.

just an update.

I have about $1.2 million, I have no debt and I am able to live rent free at my parents house and drive their car. My parents are currently retired and living their life in South East Asia so are more than happy to allow me to live at their place (namely so that I can receive their mail and take care of their property).

I got this $1.2 million from a property that I use to own, I am almost 30 years old.

Slum lording is not for the basement dwelling autist, too much human interaction. Bet it all on a fantasy coin!

>Over 5 years the value of the share gone down by 3%. Dividend is 11% per year.

With drip that's 60% return. That's less than the market average

Put 1.1 million in the market, take $100,000 pay off any debt, pay someone to kill your wife

THIS
Do you guys have any idea how far a million bucks will go in Southeast Asia or South America?
I'd buy a house in Vietnam, Thailand, and Cambodia and stay in each one for a couple months. 2 bedroom house is like $25k and you can live comfy as fuck for like $1-2k a month