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how do i turn $750k into a cash flow i can live off of without

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Thread replies: 33
Thread images: 3

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how do i turn $750k into a cash flow i can live off of without investing, saving, or retiring
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>>1782605
you want to make money work for you without investing it?
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>>1782612
thats correct, by investing i mean investing into any sort of financial instrument or injecting capital into another compan
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>>1782605
Bump for interest. I have $750k too.
So California real estate is expensive as shit, still reading about wholesaling but interested in more and smaller high yield deals. House flipping is Aids
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>How do I turn $750k into a cash flow without doing anything?
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>>1782605
I'm confused at your question... are you basically just asking what sort of business you can start with that money?

You can live off $750k pretty easily in a lot of different ways, but you have disqualified yourself from some pretty straightforward options for seemingly no good reason.

Gaining some amount of financial literacy would be a good first step.
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>>1782605
you can live off 750k for ever m8
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>>1782632
yes, i want to actually be on my feet and participating in a business, the more active the better

i'm aware i can retire w/ this kind of money especially since i lead a simple life but i want to be doing something
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>>1782605
>without investing, saving, or retiring
Start a business.
Buy $750k worth of kneepads to sell to /biz/
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>>1782605
Buy an established business.
For that kind of money you can easily buy a place making $100-$150k annually with little to no effort on your part. Then you're pretty much set for life.
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muh dik
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>>1782664
This.

Except small business multiplies are closer to 2-3x EBITDA.

Talk to a broker. Be very careful this is a dangerous game to play.
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>>1782638
Chick fil a franchise.
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>>1782605
try /r9k/
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>>1782664
buying a business can be risky. you'll need a CPA to check revenues and such. Also think about the location, trends in the market, and why the previous owner is selling.
>>
buy single family residences, and renting them out?
work side jobs and try to break into selling homes/property mgmt.?
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>>1782613
you don't know what the fuck you're talking about.
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>>1782605
750K is nothing

You need at least 5M USD to be considered wealthy, as in you can sit on a 3% treasury and do nothing until the day you die
>>
Well that's easy. Take your life expectancy less your current age then plus 10. Then take 750,000 divided by that number. That's a pretty safe withdrawl level if you're not going to put that money to work. Can't help but wonder OP, why such a stupid question?
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>>1782970
>tfw people as stupid as OP have 750k
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>>1782970
thats called retiring, i'm talking what kind of business can i buy or start that can get me good cash flow
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>>1782605
buy 750k worth of powerball tickets. you will be swimming on hundreds of millions, anon, and you won't have to lift a finger ever again.
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Pay me for a year 80k while I work on a cyber security start up..we'll negotiate the financials. Have a skype?
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>>1782638
people start businesses to make money (which you already have), not to "stay active" and have fun or some shit.
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>>1783052
>welp my business made 3/4s of a million
>I'm good
>that's all I need
>closing up shop
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>>1782638
Protip: you probably can't retire on this cash.
>>
spend it
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>>1782605
>without investing, saving, or retiring

Wat?

I guess, buy a life long annuity at an insurer. I can't really think of anything else that's realistic.
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>>1782605
invest in dividend stocks with leverage.
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>>1782664
>>1782884
how do you find them?
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>>1782605
suck cocks for 1$ each. Once you suck 5000 cocks a month you could live pretty well without even touching the 750k
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>>1782605
>$750k
Just move to a place where the cost of living is low (not a city). Then live frugally while plopping the money you won't be spending for a year or two at a time in a savings instrument that breaks even with inflation.
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>>1782605
how did you get it?
Thread posts: 33
Thread images: 3


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