There is no transaction cost.. and there are ETFs that pays good dividend yields(3% to 12%) and have solid track records. But beware! You would have to do your research on that one and always diversify.MrMan wrote: ↑March 21st, 2023, 1:22 pmLet's say you wanted to put your millions in ETFs for just a few months and take them out. I know if the market goes down, you could lose money doing this, but what about transaction costs? For a million dollars, can you get the transaction costs down to where putting them in an investment won't lose you money over the short term like that?Natural_Born_Cynic wrote: ↑March 21st, 2023, 9:48 amThat's easy.
I would put it in ETF funds, stocks, and bonds and live in some inexpensive country in Europe or panama.
I don't do mass real estate because too many hoops you have to jump through with local building permits, fire inspections, taxes, repair cost, and possible legal issues with your tenants. I just buy small house for my self in my new country.
You also don't invest it all at once, you invest portion by portion to "average down" the stock value. So when the market tanks, you still get dividends and your stock price doesn't tank like toliet paper.
If you have a million then you might get close to $10,000 every month. You can even live off with that money in the U.S or western Europe. You will live like a king when you live in the philippines or Eastern Europe.