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this post was submitted on 08 Sep 2023
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Showerthoughts
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It's meh, but put it in saving account with 3%p.a. mean you're getting 2.5k per month from doing nothing. It's meh money as well, i know, but you won't goes hungry in a stable economy at least.
Till prices rises and you need 5k for the rent, and need to go back to work, even if millionaire.
Well, that's the issue. The dividend of 2.5k from investment obviously won't allow a comfortable living and should be treated as something extra. It's pretty ridiculous to live in a big city with rent higher than the dividend and without job lol.
You think a millionaire doesn't own their estate?
In the stock market you get on average of 7%
Based on risk appetite tho, and have to do it long term to even out the loses.