Author Topic: 750k a year: How much money would one need to invest?  (Read 4562 times)

angrystanley

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750k a year: How much money would one need to invest?
« on: December 05, 2016, 03:32:48 PM »
I may be on to something but i need to get one fact right.
How much money would one need to invest and in what do you need to invest with minimal management/participation of the investor to earn 750k dollars a year?
Someone mentioned Index Funds, others mutual funds and many suggest hedge funds but my interests lie in properties and leisure/energy industries. Any advise would be appreciated.
Also contacts of honest efficient fund managers who can provide more insight would greatly be appreciated.
Thank you
Stanley Hammerton

Interest Compound

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Re: 750k a year: How much money would one need to invest?
« Reply #1 on: December 05, 2016, 03:38:55 PM »
I may be on to something but i need to get one fact right.
How much money would one need to invest and in what do you need to invest with minimal management/participation of the investor to earn 750k dollars a year?
Someone mentioned Index Funds, others mutual funds and many suggest hedge funds but my interests lie in properties and leisure/energy industries. Any advise would be appreciated.
Also contacts of honest efficient fund managers who can provide more insight would greatly be appreciated.
Thank you
Stanley Hammerton

Vanguard Index funds. Some combination of:

VTSAX: USA Stocks
VTIAX: International Stocks
VBTLX: USB Bonds

The math is easy with the 4% rule:

$750,000 / 0.04 = $18,750,000

Excluding taxes of course :)

BTDretire

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Re: 750k a year: How much money would one need to invest?
« Reply #2 on: December 05, 2016, 03:41:11 PM »
 I'll tell you, but you need to convince me you will be happy living on $750k a year.

2Birds1Stone

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Re: 750k a year: How much money would one need to invest?
« Reply #3 on: December 05, 2016, 04:03:58 PM »
I highly doubt an investor with an $18M+ liquid net worth would be posting on the MMM forums asking for investment advice.

Indexer

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Re: 750k a year: How much money would one need to invest?
« Reply #4 on: December 05, 2016, 05:18:14 PM »
Vanguard Index funds. Some combination of:

VTSAX: USA Stocks
VTIAX: International Stocks
VBTLX: USB Bonds

The math is easy with the 4% rule:

$750,000 / 0.04 = $18,750,000

Excluding taxes of course :)

Well I was going to post... but I would just repeat what Interest Compound already said.

+1

Retire-Canada

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Re: 750k a year: How much money would one need to invest?
« Reply #5 on: December 05, 2016, 05:24:57 PM »
I'll tell you, but you need to convince me you will be happy living on $750k a year.

Yes. Best to be realistic with your financial needs in retirement. $750K gets spent much faster than you think.

Clean Shaven

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Re: 750k a year: How much money would one need to invest?
« Reply #6 on: December 05, 2016, 05:36:40 PM »
I'll tell you, but you need to convince me you will be happy living on $750k a year.

Yes. Best to be realistic with your financial needs in retirement. $750K gets spent much faster than you think.

What if it's in Venezuelan bolivar?

Shor

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Re: 750k a year: How much money would one need to invest?
« Reply #7 on: December 05, 2016, 05:51:58 PM »
I'll tell you, but you need to convince me you will be happy living on $750k a year.

Yes. Best to be realistic with your financial needs in retirement. $750K gets spent much faster than you think.
Well the 750k / year crowd really feels impoverished by the 7 figure / year crowd.
You really aren't part of the in-crowd unless you've bought entire skyscrapers on a whim..

Metric Mouse

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Re: 750k a year: How much money would one need to invest?
« Reply #8 on: December 05, 2016, 08:22:52 PM »
I'll tell you, but you need to convince me you will be happy living on $750k a year.

Yes. Best to be realistic with your financial needs in retirement. $750K gets spent much faster than you think.
Well the 750k / year crowd really feels impoverished by the 7 figure / year crowd.
You really aren't part of the in-crowd unless you've bought entire skyscrapers on a whim..

Reminds me of the yacht thread. 

matchewed

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Re: 750k a year: How much money would one need to invest?
« Reply #9 on: December 06, 2016, 04:27:10 AM »

DavidAnnArbor

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Re: 750k a year: How much money would one need to invest?
« Reply #10 on: December 06, 2016, 05:58:08 AM »
Ha ha, Stanley Hammerton is already on the 1st page of a google search via this MMM thread

Metric Mouse

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Re: 750k a year: How much money would one need to invest?
« Reply #11 on: December 06, 2016, 06:31:48 AM »
Ha ha, Stanley Hammerton is already on the 1st page of a google search via this MMM thread

That's funny.

talltexan

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Re: 750k a year: How much money would one need to invest?
« Reply #12 on: December 07, 2016, 09:24:16 AM »
This is actually a nice amount of money, as it represents roughly 15X the average household income. I recall Thomas Picketty tracking that basis as the minimum threshold for the sort of opulence that you see people living in romance novels, etc.

Or, it puts you at roughly middle class in Manhattan.

 

Wow, a phone plan for fifteen bucks!