this post was submitted on 05 Jan 2024
711 points (94.6% liked)

Memes

45704 readers
1203 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] jdeath@lemm.ee 21 points 10 months ago (1 children)

I'm not sure if people here realize this, but the interest from $10m is approximately four to eight hundred thousand dollars per year.

So, with ten million, one could instantly retire and never ever have to work again.

That's priceless freedom to me, and it wouldn't require deleting almost all of my friends, relationships, experiences, and who I am.

[–] Uiop@lemmy.dbzer0.com 1 points 10 months ago (1 children)

well, clearly you have a good investment plan...

[–] jdeath@lemm.ee 1 points 10 months ago

just an index fund is all you need.