Aethernal McAwesome
· 1w
Mate 16% yearly interest is not a walk in the park. To get that return one will have to be exposed to risky, unreliable assets. Also you should consider 4-5% inflation silently corroding that amount. ...
I agree with today's static view you have to invest in Nasdaq 100 technology index to get above 16% percent. Invest in assets like gold, silver or monero.
You also assume that people will not attribute a single dollar to society afterwards. Not, any work, any freelance, any art, any movement that will provide any profit.
But, is that realistic? Will you not always create, help out here and there..?
Thus the inflation of USD 2000/yr would that not either be consumed by any existing pension you may have or work that you provide on your way?