- Nov 28, 2012
- Reaction score
Tapering in 2023 is going to freak people out...
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I'm conflicted on how I feel about WSB posts that say things like, "I've managed to accumulate 50 shares of (insert random $15 stock here) and how it moons! On one hand good on them for at least taking part in the market, on the other hand, when you're obviously working a tiny account IMO one should be conservative and build some equity first. I also do not like the expectations this shows concerning investing.
I know you're trolling me, but Schwab has an annuity calculator. A 40 year old man can put $1M into an annuity and get $3,400/mo for life. He can even get a guaranteed minimum payout of $1M for almost the same price.All that effort? Bro, we want passive income.
Annuity calculator? Think about it bro.. $50/mo is $600/year. If you live another 50 years, that's $30,000!!! That's the power of passive income!I know you're trolling me, but Schwab has an annuity calculator. A 40 year old man can put $1M into an annuity and get $3,400/mo for life. He can even get a guaranteed minimum payout of $1M for almost the same price.
So give me the $1M and I'll go get a passive income.