11–20 of 22 posts
5 small rental properties should make me feel rich and secure. The income from 3 should be enough, but with 5 comes “low risk” part.
Being a landlord is anything but "passive".
You might consider asking this question over at bogleheads.
I thought it was a joke but it's a real website https://www.bogleheads.org/
* https://www.youtube.com/@bogleheads3687/videos
It is organized by The John C. Bogle Center for Financial Literacy (an IRS non-profit):
Your example would be a portfolio worth over $7MM. If it was just exchange rate conversion it would still be over $2.5MM. With either of those annualized returns you would be living really well in most/all of America. I assume it would be the same in India or even more so.
Earlier quoted context omitted.
> rental properties Being a landlord is anything but "passive".
Does your view change if they use a management company?
360k of income per year from any source exceeds what 95% of the population in the United States made as of 2021[0]. What do you need that much income for in order to feel secure? It is going to be very difficult and take a very long time for most people to invest enough capital to produce such an income stream under the conditions you outlined. Consider that while everyone worries about running out of money, you can…
1) permanent income security (requires ... let's say 4 million USD cash (NOT in the bank, invested), that's 4 million + 2 million for your spouse). Plus, let's say add 1-2 million per kid allow them to start from such a position in life.
2) ability to start tiny companies without risk (let's say 10 million USD cash per company)
3) ability to start large companies without personal risk (let's say 100 million USD cash per company)
4) ability to have full control not just over financial security but the whole environment around you permanently (don't know, but definitely more than 100 million)
360k of income per year from any source exceeds what 95% of the population in the United States made as of 2021[0]. What do you need that much income for in order to feel secure? It is going to be very difficult and take a very long time for most people to invest enough capital to produce such an income stream under the conditions you outlined. Consider that while everyone worries about running out of money, you can…
What do you achieve with large amounts of capital. A few examples ... 1) permanent income security (requires ... let's say 4 million USD cash (NOT in the bank, invested), that's 4 million + 2 million for your spouse). Plus, let's say add 1-2 million per kid allow them to start from such a position in life. 2) ability to start tiny companies without risk (let's say 10 million USD cash per company) 3) ability to start…
How long is a piece of string?
Yes they do. The calculations are based on real returns.
As for the rest of the post, I can't really tell what you're asking.