How much do you think is enough to live comfortably?
I think at least 50 million. If it’s only 10 million, that won’t be profitable anymore. If you spend happily, you could spend it all in 10 years; if you save a bit, you could spend it all in 15 years.
But if you have 50 million, it’s different. With 10 million, you can buy quality US stocks and earn 1.5 million a year. With 10 million, you can buy index funds and earn 1.2 million a year. With 10 million, you can invest and get 250,000 per year. 5 million can buy gold, 12.5 million can buy Bitcoin, and leave 2.5 million in cash. Rent a large flat for 20,000 a month. Spend 30,000 a month on living expenses. Don’t buy luxury cars; if needed, just rent them. For outings, take all luxury taxis. Buy a family car for about 300,000. Take the 250,000 from investments and the 250,000 for living expenses to spend. 500,000 a year should feel quite comfortable 😃