You inherit 2 million dollars from a long lost uncle

Where do you go to live the rest of your life on the cheap? Why go there vs somewhere else?

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  1. 11 months ago
    Anonymous

    Why do you need to live cheaply? You should be able to generate about $80k/year from investments, which is comfortable for everywhere except the most expensive places

    • 11 months ago
      Anonymous

      Sure, but you could live like a fricking king in some places with 80k/yr for doing nothing.

      • 11 months ago
        Anonymous

        >but you could live like a fricking king in some places with 80k/yr for doing nothing.
        whats the point when 80k/year is easily 2x what you need to sit at home and sit on SighSee all day

    • 11 months ago
      Anonymous

      I like the way you think homie

  2. 11 months ago
    Anonymous

    >pattaya Thailand
    >creampeing hookers until HIV
    >drinking until my liver fails
    >eating the same $2 dish of minced porn and rice every day

    • 11 months ago
      Anonymous

      Thailand
      hookers until HIV
      you'd only get hiv if the hookers creampie you

  3. 11 months ago
    Anonymous

    Retire in nip countryside

    >stable internal politics, isolated geographically from any kinetic conflict
    >amazingly beautiful nature all around
    >can buy a stable business to get permanent residence
    >life and land in the countryside is cheap as hell but incredibly cozy with real first world standards

    • 11 months ago
      Anonymous

      >isolated geographically from any kinetic conflict
      literally the #2 or #3 area for a potential war between the USA and China

      • 10 months ago
        Anonymous

        don't North Korea fire rockets over Japan all the time?

        Bro no one is doing a land invasion of Japan. Look at the geography, it would be insane. At worst the big cities get nuked, which would be tragic, but I specifically said countryside.

        Worst Korea has the threat of the norks, being ideologically driven, running a land invasion for some reason. Taiwan has the fixation of the CPC wanting to unite all the chinks into one grorious kingdom. Japan worst case has cities destroyed and becomes vassalized, but that's not that big of a deal as someone living a quiet unimportant life in the countryside.

    • 11 months ago
      Anonymous

      don't North Korea fire rockets over Japan all the time?

  4. 11 months ago
    Anonymous

    Southern Chile. Catholic, beautiful nature, incredible mountains, likely to survive most apocalypse scenarios, affordable, best fruit in the world.
    Runner ups: Ecuador, Peru, Greece, Nepal, Italy, Romania, Georgia, Armenia
    t. Mountain & Jesus enjoyer

  5. 11 months ago
    Anonymous

    Ill probably move at first few years to check different areas, firstly ill go SEA just for the sake of using it as hub to visit pacific ocean islands and being one stone away from far east asia countries + australia and nz. Ive been to most of the area already but being able to live there and exploit the cheap flight options would be a game changer.
    Otherwise I would probably pick a 2nd home in some developed but exotic country like Urugway that I would use as a 2nd hub and renting place when I wont be around.

  6. 11 months ago
    Anonymous

    I'd probably have a handful of apartments around the world and rent them out when I'm not there for income.

    Maybe places like:
    >Montpellier, France
    >Hua Hin, Thailand
    >Las Vegas, USA
    >Copenhagen, Denmark
    >Budapest, Hungary

    Partly thinking of places I'd like to be based that aren't crazy expensive for an apartment, but also places that give me easy access to other countries/states nearby, as well as tax benefits (hence Vegas).

    • 10 months ago
      Anonymous

      >>Hua Hin, Thailand
      What makes you particularly into Hua Hin over other parts of thailand?
      Been there once and asked a girl on a porch to jerk me off for $15 and we went and did it

      • 10 months ago
        Anonymous

        Was more just thinking practically.

        >I quite like the area because you can get to Bangkok or the airport easily
        >you can relax and enjoy the sun but also have conveniences like a lot of good restaurants and shops that a lot of other beach resorts are lacking
        >cheap real estate (compared to BKK), could get a nice 3 bed villa and private pool that would be easy to rent out for $200k.
        >lots of middle class thais, so not as grotty and barely any begging/crime
        >access to national parks and coastline that hardly has any tourists
        >like Chiang Mai, it doesn't seem as poorly planned/maintained as a lot of Thai places, probably due to the royal connections/money

        I'd happily live in Chiang Mai, but the airport isn't as convenient for international travel, and it'd be harder to make as much money renting out the property.

  7. 11 months ago
    Anonymous

    2 million is not enough to live comfortably the rest of your life.

    • 11 months ago
      Anonymous

      You know, not posting at all was also an option.

    • 11 months ago
      Anonymous

      they hated (You) because you told them the truth.

    • 11 months ago
      Anonymous

      pretty much. the smart move is to buy a starter home with that money, invest the rest while continuing to work, and then retire early

    • 10 months ago
      Anonymous

      they hated (You) because you told them the truth.

      pretty much. the smart move is to buy a starter home with that money, invest the rest while continuing to work, and then retire early

      Not true in the slightest. Toss that shit into an index fund, move to Argentina, and live like a fricking king.

    • 10 months ago
      Anonymous

      Depends on how old you are.

      • 10 months ago
        Anonymous

        you can just buy an index fund and withdraw 4% a year and live off it forever

        • 10 months ago
          Anonymous

          Meanwhile in the real world you cannot get a guaranteed 4% yearly, and you also have to take inflation into account.

          • 10 months ago
            Anonymous

            Actually 4% above inflation is quite easy to get. 6-7% is also easy (considering the last 3 decades) at stock market but you would have to deal with market oscillation.

            • 10 months ago
              Anonymous

              If it's so easy, why don't you set up your own fund. You'd be a millionaire in no time, everyone would want to invest in your magical fund that easily gets 6-7% above inflation consistently.

    • 10 months ago
      Anonymous

      You can easily generate $80-100k per year in dividends by investing in the most boring and stable stocks imaginable. The value of the stocks and dividends obviously rising in tandem with inflation. How is that not enough to live comfortably?

      • 10 months ago
        Anonymous

        Let's see your math. How would you get $80-100k per year in dividends from a base of 2 million?

        • 10 months ago
          Anonymous

          >The average stock market return is about 10% per year, as measured by the S&P 500 index
          >During the observation period from 1960 to 2022, the average inflation rate was 3.8% per year.
          I'm not american but government bonds where I live easily pay 6% per year plus inflation. And afaik there are lots of hedgefunds that get you 4% returns plus inflation, already excluding management and performance fees. And I'm just talking about those with decades of existence, not any fund started two years ago by a recently graduated.
          Obviously you should not invest it all in only one of those financial products. But yes, 4% is quite easy. 8-10% above inflation then it starts to get complicated and usually not worth the risk.

          • 10 months ago
            Anonymous

            >The average stock market return is about 10% per year
            Your very first sentence demonstrates why your entire post is uninformed fantasy bullshit from someone who doesn't know jack shit. If those returns you described were so easy to get you would have started your own hedge fund by now and become the most successful fund manager in history.

            • 10 months ago
              Anonymous

              Maybe if you read past the first line you would understand. The asx return is indeed around 10% because half of that is inflation.
              Thus bonds can pay 6% over their anuity because the dividends compound, it's not the same as a share with fund which pays out an annual return.

              And just so you know, hedge fund trading isn't about the best return, it's about ensuring you remain liquid, can make regular payouts, and aren't left with static accounts that are liable for tax.

              If you're checking out of the west for dollars gain huge purchasing power.... but the downside is that you're exposed to the massive local inflation that keeps poor counties poor.
              The 5% return on the USD is against the %100 local inflation you might suffer.

            • 10 months ago
              Anonymous

              I know that 10% seems crazy to people who store silver coins under their mattress but for those of us living in the real world the annualized return of the S&P500 since 1957 has been 11%.

              https://www.investopedia.com/ask/answers/042415/what-average-annual-return-sp-500.asp

              pic related, just to rub in you're a smooth brain homosexual whos parents didn't teach him about money.

            • 10 months ago
              Anonymous

              In case you didn't know he means 10% not adjusted for inflation

            • 10 months ago
              Anonymous

              If you read the second line you'd see the inflation rate. Btw, I usually rate hedgefunds as I think they carge much for a poor service. Most hedgefunds cannot beat the market rate when you consider a longer period of time. Few can do that. And most that do beat the market do that for some years and then lose a shitload of clients money. About gaining that, you know that you can buy shares of the index, right? You do not need to invest selecting companies. Most people that do that actually screw up.
              Anyway, all I said is that 4% above inflations is easy to get. 6-7% is also doable in long term. More than that you start getting into more risky financial investments.

              Maybe if you read past the first line you would understand. The asx return is indeed around 10% because half of that is inflation.
              Thus bonds can pay 6% over their anuity because the dividends compound, it's not the same as a share with fund which pays out an annual return.

              And just so you know, hedge fund trading isn't about the best return, it's about ensuring you remain liquid, can make regular payouts, and aren't left with static accounts that are liable for tax.

              If you're checking out of the west for dollars gain huge purchasing power.... but the downside is that you're exposed to the massive local inflation that keeps poor counties poor.
              The 5% return on the USD is against the %100 local inflation you might suffer.

              >The 5% return on the USD is against the %100 local inflation you might suffer.
              There are better options. There are government bonds in third world countries with inflation rates that go from 3-10% per year (so not on par with western countries but under control) that pay the inflation plus 5-10%. And I'm only considering bonds with payments due in 1-5 years. Considering the situation of those countries is improbable that the dollar lose value to those currencies. Unless US screw up but then you would lose money investin in US anyway.

        • 10 months ago
          Anonymous

          He's sort of right, investing directly in stock rather than in a fund is what functionally seperates the rich and the poor.

          Every dollar of investment return is a dollar taken from workers pockets. Workers are paid less than 5% of the value they produce, where the frick do you think the other 95% goes? Investors.

          Also redpill: nobody gets promoted to management, a worker writes a business plan, random financiers give them millions of dollars without even reading the business plan, the worker is now a manager who can cream 20% off workers salaries. There's no seperation between an owner and a manager. There's workers who get a salary, managers who get a margin, investors who get a passive income

          • 10 months ago
            Anonymous

            Calm down Karl

            • 10 months ago
              Anonymous

              Sorry anon, I dropped the means of production.
              But it's relevent because if you're moving overseas you might consider investing at home in USD markets, then managing a business abroad with someone else's funds.
              You'd be mad to own a business in a country where you can't get citizenship, but may find local borgoise trust you far more to manage because you have no conflicts of interest.

              I was managing overseas on a reasonably high local salary, while also getting dividends at home. One advantage is not having forex costs, getting access to local bank accounts in order to hide that you're a foreigner, using local staff as a proxy, i often work overseas simply to gain access to the local economy and escape tourist taxes

          • 10 months ago
            Anonymous

            >Workers are paid less than 5% of the value they produce, where the frick do you think the other 95% goes? Investors.
            Lol, please show me where I can invest and get a consistent 95% return?

            • 10 months ago
              Anonymous

              that’s not what he said dum dum

              • 10 months ago
                Anonymous

                You can’t expect people here to actually READ the posts they respond to, that would be preposterous.

    • 10 months ago
      Anonymous

      you could continuously travel the world, eating out every day and getting plane tickets and hotels for 40 years on 2 mil

  8. 11 months ago
    Anonymous

    Europe. I’d be content with travelling around the continent thanks to the Schengen Area

    • 11 months ago
      Anonymous

      How do you plan to stay for more than 90 in 180?

    • 10 months ago
      Anonymous

      How do you plan to stay for more than 90 in 180?

      Not that anon, but if you had 2 million dollars, you could easily qualify for a Portuguese D7 visa. You only need about 8.5k passive Euros per year.

      • 10 months ago
        Anonymous

        >travelling around the continent
        I believe the Portuguese D7 requires you to be in Portugal half the year, and doesn't actually give you any benefit for longer travel in Schengen, but you can probably get away with it since you have a resident visa and they don't do border checks

  9. 11 months ago
    Anonymous

    I'd probably move into a small home where I am now.

    > Buy home
    > Buy business property
    > Start local server hosting company.
    > Profit.gif

  10. 10 months ago
    Anonymous

    2 million is not enough to retire unless you're willing to settle for Indian street shitting. It's not even enough for six years of moderate quality of life ($1000 a day).

  11. 10 months ago
    Anonymous

    I'm Australian, I'd buy a $700k house then rent it out, put the remaining 1.3M into my portfolio and live on that $50k annual dividend + rent payments as long as I want doing whatever I want. And if I want to go back to a "normal" life then I have a house I can move into.

  12. 10 months ago
    Anonymous

    Buy a condo in Thailand and a nice house by the seaside in Devon or Cornwall and divide my time between the two

  13. 10 months ago
    Anonymous

    Good places to spend six months abroad? Good food is a high priority, being able to work a 20- somthing a week frick around job is a plus.

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