Hacker News new | ask | show | jobs
by reboog711 3845 days ago
If you want a sure fire way..

Put 3 million in an stock market index fund. In most years you will get at least a 2% increase, which is $60K (or $5K a month).

Getting the initial capital for this is easier said than done.

1 comments

kinda like best way to make a million dollars in a restaurant ... start with 2m...
My favourite Branson quote, though it may well have been an old adage he repeated, of course.

"If you want to be a Millionaire, start with a billion dollars and launch a new airline."

that's pretty good.
Just get a small million dollar loan from your father :)