Ask HN: Road to 1200M Dollars
I need about 1200 million dollars to be happy. what should i do to get there? it would be preferable if what i do doesn't take too long, and makes the world a better place.
4 comments
I'd think of it as a two-step process. The second step is just make safe investments in, for example, mutual funds. Your money should double in value in about 10 years -- maybe less, maybe more. So if you can get to $300 million, then another 20 years of basic compounding returns could easily convert that into 1,200,000,000.
But yeah, to reach that kind of 9-figure starting position, you'd probably need to invest in a wide variety of long-shot gambles, and then hope that you win more than you lose.
But yeah, to reach that kind of 9-figure starting position, you'd probably need to invest in a wide variety of long-shot gambles, and then hope that you win more than you lose.
How much money do you have to start with?
I don't wanna be super-negative here, but that is by far the most important info, and that you didn't add this information makes me think your priorities aren't where they should be, and you likely won't make it to 1200 million.
I don't wanna be super-negative here, but that is by far the most important info, and that you didn't add this information makes me think your priorities aren't where they should be, and you likely won't make it to 1200 million.
Happiness is not really a good indicator. If you need that much to be happy, most likely once you have all that money, you still won't be happy.
So might be better to find out if it is happiness you really want or freedom from needs and necessities of this world. The price of that might be much less than 1200M dollars.
Start with 2400 million, invest half with founders who have crazy ideas to fix the environment. Should be done in 8-10 months.