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I think people forget you can't live inside an index fund. It's hard to value a higher predicted YoY return when you have to spend a month out of every year mo
by SamBorick 3y ago
I think people forget you can't live inside an index fund. It's hard to value a higher predicted YoY return when you have to spend a month out of every year moving because rent went up again.
- esoterica 3y agoYou can’t live inside an index fund but you can pay rent with your index fund returns.
- antisthenes 3y agoHow many people can actually pay $2000/month just from their index fund returns without drawing on the principal? Even if you assume 4% real return (beating inflation), you'd need to have at least 600k worth of index funds, and you won't be growing it. Even for HN users, that's a lot of money. This strategy will never work for more than 1-2% of the population.
- 88913527 3y agoA quarter of households have net worths greater than $600,000. https://dqydj.com/net-worth-percentile-calculator/ https://dqydj.com/net-worth-percentile-calculator/