The problem is there is no safe way to invest that kind of money. If there was a purely safe way to invest everyone would be a millionaire. The savings account thing you mentioned is literally only for poor people, to give them a leg up and a small increasing investment for the purpose of teaching people the value of investment. You’ve created a strawman and keep smacking it.
If there was a purely safe way to invest everyone would be a millionaire.
No, they wouldn’t, because investing requires you to have something to invest.
I don’t understand why youre fighting against very obvious facts. Money makes money.
Quite literally. You’re pretending as if it wouldn’t be safe slopping 100 mil into a Swiss bank account, given you’re not American and that 100 million was rightfully yours.
“You’ve created a strawman”. No need, honestly. Your trying to argue that it’s not incredibly easy to generate passive income for life if had a 100 million to invest.
There’s literally no safe way to invest at that level. Do you understand what the FDIC is and what they do? Do you understand what an accredited investor is and why they can invest in riskier vehicles? Did the words I just write look like word salad to you?
Nothing is completely safe, but it’s ridiculous that you’re pretending like it’d be any issue to make 100 million grow if you magically got a sum like that.
Yeah, the FDIC is a an American institution. Most Swiss banks don’t deal with Americans.
What you’re talking about is actively investing. I’m using “invest” in it’s basest form.
What is it that you think is so unsafe in slopping a 100 million to a Swiss bank account? Like ofc, nothing is completely risk free, but looking at their history and reliability, what do you specifically think would happen to it? The banks crash?
Get on out of here with your inane libertarian “look I’m a big man in teh money game” bullshit. You’re literally trying to argue that it wouldn’t be completely trivial to make that kind of money grow.
It’s literally not trivial. Again why does the FDIC exist? I didn’t say where is it from. What is it for, what does it protect. Who benefits from its protection. Why do investors need to be accredited, why is there higher risk for accredited investors. And this is purely the intro to what I’m talking about.
“This is purely the intro to my garbage avoidance of reality.”
I don’t need to hear the rest.
The reality is that should someone give you a 100 million and you’re of normal intelligence, have no substance abuse issues or debts or anything of the like, it’d be trivial to invest some of that money into hiring professionals who know what they’re doing, and that your only requirements are to get, idk 100k a year to use for yourself, and to have it as safe as possible.
You disagree that that would be trivial to do? Soo… avoiding reality it is then.
We’re not talking about investing the money to “make money” in the sense that proper investors would with 100mil that they would invest in what they deem to be worth the risk. They expect decent roi for that sort of money. But we’re talking about roi that would be enough to sustain a person living very moderately.
That’s literally not an issue at all. Although I used “Swiss banks” as a meme, because I know you won’t understand the nuances of European institutions and Swiss banks would probably actually charge for holding that money, so you’d want to put it in a German bank more so than a Swiss one. But there’s tons of safe options for just putting it in and being able to make HUNDREDS OF THOUSANDS of interest a year.
And your argument is that “no no you can’t do that what if the world economy collapses completely and money has no value, huh? then you won’t have your interest if there’s no money in the world!” (I remember someone mentioning “strawmen” earlier…)
That’s a lot of writing to admit you have no idea what the meaning behind the words I said. Look if you can’t even understand the basics taught in the series 7, you are the target for the rich.
It’s really not. Which is why there are laws around accredited investing and why agents have to learn the Series 7 and follow Finra rules. But if you literally don’t understand anything I said, it’s obvious why you think it’s magic.
Lets put your hypocrisy in a different light. If all jobs require skill, then the job of a financial advisor requires skill because it’s trivial to make 100k from 10 million? It’s as if your trying to argue that there IS unskilled labor and we should complain about them.
The problem is there is no safe way to invest that kind of money. If there was a purely safe way to invest everyone would be a millionaire. The savings account thing you mentioned is literally only for poor people, to give them a leg up and a small increasing investment for the purpose of teaching people the value of investment. You’ve created a strawman and keep smacking it.
No, they wouldn’t, because investing requires you to have something to invest.
I don’t understand why youre fighting against very obvious facts. Money makes money.
Quite literally. You’re pretending as if it wouldn’t be safe slopping 100 mil into a Swiss bank account, given you’re not American and that 100 million was rightfully yours.
“You’ve created a strawman”. No need, honestly. Your trying to argue that it’s not incredibly easy to generate passive income for life if had a 100 million to invest.
That’s just patently untrue.
There’s literally no safe way to invest at that level. Do you understand what the FDIC is and what they do? Do you understand what an accredited investor is and why they can invest in riskier vehicles? Did the words I just write look like word salad to you?
Nothing is completely safe, but it’s ridiculous that you’re pretending like it’d be any issue to make 100 million grow if you magically got a sum like that.
Yeah, the FDIC is a an American institution. Most Swiss banks don’t deal with Americans.
What you’re talking about is actively investing. I’m using “invest” in it’s basest form.
What is it that you think is so unsafe in slopping a 100 million to a Swiss bank account? Like ofc, nothing is completely risk free, but looking at their history and reliability, what do you specifically think would happen to it? The banks crash?
Get on out of here with your inane libertarian “look I’m a big man in teh money game” bullshit. You’re literally trying to argue that it wouldn’t be completely trivial to make that kind of money grow.
It’s literally not trivial. Again why does the FDIC exist? I didn’t say where is it from. What is it for, what does it protect. Who benefits from its protection. Why do investors need to be accredited, why is there higher risk for accredited investors. And this is purely the intro to what I’m talking about.
“This is purely the intro to my garbage avoidance of reality.”
I don’t need to hear the rest.
The reality is that should someone give you a 100 million and you’re of normal intelligence, have no substance abuse issues or debts or anything of the like, it’d be trivial to invest some of that money into hiring professionals who know what they’re doing, and that your only requirements are to get, idk 100k a year to use for yourself, and to have it as safe as possible.
You disagree that that would be trivial to do? Soo… avoiding reality it is then.
We’re not talking about investing the money to “make money” in the sense that proper investors would with 100mil that they would invest in what they deem to be worth the risk. They expect decent roi for that sort of money. But we’re talking about roi that would be enough to sustain a person living very moderately.
That’s literally not an issue at all. Although I used “Swiss banks” as a meme, because I know you won’t understand the nuances of European institutions and Swiss banks would probably actually charge for holding that money, so you’d want to put it in a German bank more so than a Swiss one. But there’s tons of safe options for just putting it in and being able to make HUNDREDS OF THOUSANDS of interest a year.
And your argument is that “no no you can’t do that what if the world economy collapses completely and money has no value, huh? then you won’t have your interest if there’s no money in the world!” (I remember someone mentioning “strawmen” earlier…)
That’s a lot of writing to admit you have no idea what the meaning behind the words I said. Look if you can’t even understand the basics taught in the series 7, you are the target for the rich.
You’re just afraid to argue this because you know I’m right.
It’s beyond trivial to get a ~100k yearly roi on 100 million.
It’s really not. Which is why there are laws around accredited investing and why agents have to learn the Series 7 and follow Finra rules. But if you literally don’t understand anything I said, it’s obvious why you think it’s magic.
Lets put your hypocrisy in a different light. If all jobs require skill, then the job of a financial advisor requires skill because it’s trivial to make 100k from 10 million? It’s as if your trying to argue that there IS unskilled labor and we should complain about them.