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TopicMan how do you make a $1,000 a week from stock market?
Solid Snake07
02/08/21 11:43:12 PM
#48:


BilalPowell posted...
That's a pretty crappy investment strategy. Even just putting money in an S&P index fund and never touching it would return a better rate than $1000 a week.


You have to account for inflation. Rule of thumb is you can live off of about 4% of well invested assets in perpetuity. While you're probably returning more than 4% you should be reinvesting the rest to account for inflation and down years.

So really to reliably draw 52k a year, and it's monetary equivalent in the years ahead, you'd need about 1.3 million

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