>wagekek >save >invest After all this I have around

>wagekek
>save about very small amounts
>get sick and miss work for a week
>pay expenses and only get half of my paycheck
>have to somehow make $54 dollars last me a week
yeah brah totally

If you can't get $1k a month from $200k trading stocks, you're fucking retarded

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How is your portfolio looking?

Assuming diverse mutual funds you should be able to retire now on $8k/yr. You're 66% of the way to your goal going by the Trinity Study and 4% rule. Not too shabby, the $200k will keep growing so the final 1/3 will not be as arduous as the first 2/3's. A 300k nestegg would make me nervous but it should be no problem if you only work part time to support yourself and have ~$12k in emergency funds I can't see any issue with an early retirement aside from a catastrophic accident or other misfortune like cancer.

Keep up the goodwork, you'll be neet master race soon. I'm currently feeling that strange mixture of impressed and envious.

>>35260387
Yep, seconded. Keep up the good fight, anon. You will make it to those golden shores. One thing I'd look into is a rental property if you've only got index funds working. The thing I don't like about index funds is that the cash flow is very low. Whereas, supplementing it with a rental, you'll decrease your reliance on the market and decrease your overall withdrawal rate.

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>>35259978
Become a landlord, also check out Phil Pusteovsky on yt

>>35259978
$200k

>All I want is $1k a month

All you need is a 6% ror. What's the issue?

>>35259978

How is it $200k not enough you fucking jew!? I swear these fucking normies...

W-wait

Won't 200 grand in the bank alone give you that much in interest?

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>>35259978

You can buy a 3 bedroom apt in Malaysia for $100k. You can rent out two rooms for $200 income. It's easy to eat out on $100/mo. You can do a short border run every 3 months to bump your visa. If you want to do everything legit, they're happy to take $10k for a 10 year live in Malaysia visa. You can already retire if you cared to.

Pic related, it's not even third world.

>>35261151
Someone on v said he wasn't rich because he only had like a million in savings and he was making so many hundred thousand dollars a year.

I forget the exact amount, but it proves rich normies are retarded

>>35261198
Its in index funds and 2/5 is in my apartment
>>35261198
Interest in my bank is 1%
>>35261151
Im 26. I cant live for the rest of my life with this.
>>35261120
>>35260387
>>35261074
Thank you and thanks for the tips
>>35260382
I guess I am retarded
>>35261216
Im from scandinavia and I want to stay here for the free healthcare

>>35261285

Just go back home when you need the healthcare? It's not like you lose your citizenship.

>>35261216

$2400/y is not nearly enough return on a $100k investment. You'd be close to dead by the time you made your money back. He could stretch that further just renting a room for $100/m in Malaysia by your math.

>>35261313
>>35261216

Alternatively you could buy a condo in Toronto, Canada for, example, for ~$500k and rent it out for $1800/m, which is way better return on investment, however still a bad investment because condos/apartments are constantly depreciating assets.

>>35261365
>>35261216
I've been in real estate for a long time. Neither of these choices are great for various reasons. A lot of my money is in the US, specifically the southeast. Very steady cash flow. Check this out:

http://www.spartaninvest.com/properties/1437-highland-drive/

I'm not saying to buy this one in particular, but this is the kind of property that performs like RE should. The rent is about 1% of the price, which is a must.

Or you could look at the Midwest. Ohio in particular has a lot of turnkey companies, though I can't vouch for the area, the rustbelt to me is a little risky since jobs are leaving there.

>>35261460
How did you start real estate? How does anyone pick a career there's so many

There's real estate, contracting, inspectors, trades, business

Jesus Christ

>>35261516
Well, I'm not "in" real estate as a job, I work a different job and am just an investor like you. I got hooked on it after the '09 downturn with the intention of going NEET from it.

I've been toying with the idea of actually doing it as a job, but every time I look into it, I get turned off. The business just seems to be full of shady people. Lately, I'm looking at doing some home flips, but I did the numbers and they didn't look good. Just to make the same amount as I do now at my current work, I'd have to put down a lot of money, take on more stress, and probably even more hours. It just doesn't seem worth it.

So, in a few months, I'll be NEET/FI and that'll give me some time to figure out what I want to do.

>>35261285
Just drop the indexfunds and invest in preferred stocks, should give around 6-7% dividend yield

>>35261285
>I guess I am retarded

Even blue chip stocks will get you at least a grand with $100k, at $200k you should be seeking $3-4k a month

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>>35259978
This is pointless and the only way to win is not to play unless you're superlucky and win every lottery you participate in.

>>35262036
>>35262036
>at $200k you should be seeking $3-4k a month
~27% annual return, yeah go do that