This is bullshit. And what will they magically do with my money that will make "more money come out of air"?
You can live off of it for maybe 20 years at most. Cost of living keeps going up like crazy, government lies about inflation, interest rates are extremely low (less than 1.5-2%), bonds give you less than 2% ROR... only way to get rich/invest is through business. But if you're in Canada you're SOL because business returns are taxed twice by the government.
1 million is more than enough. Say you get 5% yield a year. That's 50k that you can live off.
I know nothing of cars and don't have inside knowledge.
How is that not just gambling on greater fool theory?
So where you get this magical 5% yield a year? DETAILS?
the dudes generally just get all your money and spread it fin across all the stock market, if the economy is growing faster than inflation, you make profit (obviusly they take a part of it)
Landlordcel tbh, not over for you(betabux chad fux though)
That is absolute cope. You're not taking inflation into account. Let's calculate this correctly:
So how is it a good investment if I'm fucked if economy crashes?
not belongs to me but my father,its over.
Steal them to ascend
you don't want to invest only on the S&P500 they are safe, but their growth is slow as hell, generaly you want to also invest part of it in small companies, because they grown quicker, and the 10 year recession would fuck you anyway, and not much you can do about it.
Which small companies? There are dozens of thousands of them.
that's the point, you need to spread your money fin as possible on them all, so if one fail, the rest are still making money, the issue is that small companies are risk, so you need to spread the money thin in bove big and small, you also need to separte the investment in stocks and bonds and a bunch of other overcomplicated stuff.
spreading thin = low risk, slow growth
Specifics. What cryptography? What companies?
Where do I invest for stable 5% annual gain?
cryptocurrency is a good idea, but no way a form of investment
If I knew that I wouldn't be poor & even if I did it's not like I have the money to put into it in the first place. Rich ppl get richer & peasants look on.
What is their track record? Where do they invest and why? Do they beat S&P500?you can put your money here, if you are a bit on the lazy end:
Home
St. James's Place offers effective wealth management and financial planning advice to individuals, trustees and businesses.www.sjp.co.uk
invested my money there, the results are good enough, you can make more investing by yourself, but it's way too time consuming for me
Can you share their annual results for last decade after taking into account commissions? Do you have a prospect you could send me?
i got around 150k there, every year there is a return of about 8k, not that great but good enough for me
There is a bank that gives 12-15% interest a year. That would be enough
I would get ether. Its at its bottom soon
So that is only 5.33% + you have to pay taxes on that if you are an IRS cuck.
Which is the magic bank that gives 12-15% a year? SHARE PLS
being there for a long time, some years do more than that, some years do a bit less
be carefull the higher the interest, higher the risk
How do you know whom to pay? There are plenty of scammers and bullshitters who won't beat S&P or reduce risk in comparison with S&P index investing.
