A big thank you Nathan. Really good and informative video. Super interested to hear about investing your crypto gains into an S&P 500 index fund for lifetime gains. Are you able to share more, or any links on how to do this?
ill give the high level concept. The SPX goes up on average 10% per year. If you have 500K thats 50K income per year... if you only sell 5% then your portfolio grows 5% and you take 25K income (which is plenty when you don't have a mortgage). And you can do this FOREVER. Essentially you are financially free...Its a golden goose (pot) and golden eggs (income).... now it does get a bit more complicated as sometimes SPX goes up 20% in a year and crashes 20% so you will have to sell more in an up year and keep some in cash for downside protection but thats the concept.... then any S&P index fund is fine like Vanguard or Fidelity 🙌🏾
Thank you so much , very reassuring video from simple facts but unforgettable often 😊🙏🏻
Yes next 6 months is the buy zone so will feel scary and uncertain... thats the reason you get good prices. Cheers 🍻
Thanks, another excellent video Nathan, have always appreciated your research and commentary
Cheers 🍻 Much appreciated 🙏
Thanks! Really appreciate this information very informative! 🙏🏾
Awesome. Glad you enjoyed. Cheers 🍻
You did repeat what I said many times about buying a house WITHOUT a mortgage :)
Well done, keep going towards your targets
Yes the true wealthy do not have mortgages. Complete stress free living. How life should be. Cheers 🍻
Thanks! An excellent Job.
Thanks mate 🍻
A big thank you Nathan. Really good and informative video.
Super interested to hear about investing your crypto gains into an S&P 500 index fund for lifetime gains. Are you able to share more, or any links on how to do this?
ill give the high level concept. The SPX goes up on average 10% per year. If you have 500K thats 50K income per year... if you only sell 5% then your portfolio grows 5% and you take 25K income (which is plenty when you don't have a mortgage). And you can do this FOREVER. Essentially you are financially free...Its a golden goose (pot) and golden eggs (income).... now it does get a bit more complicated as sometimes SPX goes up 20% in a year and crashes 20% so you will have to sell more in an up year and keep some in cash for downside protection but thats the concept.... then any S&P index fund is fine like Vanguard or Fidelity 🙌🏾
Thanks!
Cheers 🍻
Thanks
Cheers 🍻
Wow I think this video was excellent and super useful!!! Thanks!!
Glad it was helpful! Cheers 🍻
Danke!
Danke 🍻
Thanks!
Cheers 🍻
Thanks
Cheers 🍻
Thanks
Cheers 🍻
Thanks!
Cheers 🍻
Thanks
Cheers 🍻
Thanks!
Cheers 🍻
Thanks!
Cheers Jack 🍻