EchoSeeker
Sun Sep 01 2024
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6 answers
1494
Can you live off ETF?
Can you really live off of ETFs, or are they just a supplementary tool in your investment portfolio? It's a question that many investors have, as ETFs have gained popularity in recent years for their low-cost, diversified nature. But the answer isn't as straightforward as it may seem. While ETFs can be a great way to invest in a wide range of assets, it's important to consider your overall financial goals and risk tolerance before relying solely on them for income. So, let's dive into the pros and cons of living off of ETFs, and explore whether or not it's a viable option for you.
Pietro
Tue May 21 2024
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6 answers
922
Can $1 million last 30 years?
I'm wondering, could a million dollars stretch for a full thirty years? Given the volatile nature of the financial world, especially when it comes to cryptocurrencies and other investments, it's a complex question. With inflation, market fluctuations, and personal spending habits all taken into account, it's not a straightforward calculation. Could you possibly elaborate on the factors that might determine whether such a sum could sustainably support someone for such a length of time? I'm particularly interested in understanding how the crypto market might impact this scenario.
