How Long Will $1 Million Last in trading?

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Oscar Reyes
Answered 3 years, 3 months ago
<p><br>A life time. If you spend $20,000 a year. &amp; it is invested. &amp; live in a 50% Country. Were it cost 1/2 as much to live as the U.S.. That would make you middle class. A second hand car, a 2 bedroom home, food &amp; some money to go out. If you know how to shop local like the natives. &amp; still have over a million when you die. Or you can go big &amp; spend it in a month. Or less.</p>
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Lee Ramirez
Answered 3 years, 3 months ago
<p><br>It would depend on if you’re smart or dumb and what kind of bills you have. Obviously a million dollars would have gone a lot farther 100 years ago.</p>
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Christopher Campbell
Answered 3 years, 3 months ago
<p><br>Depends on amount you can live on, how you invest it…. If you invest into certain dividend stocks and don’t touch the million. You could end up with maybe 3500 a month.</p>
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Richard Cross
Answered 3 years, 3 months ago
<p><br>If you invest it wisely, (need at least 50% in stocks) and spend 4% or less per year, it should last 30 years and probably a lot longer. On the other hand, “If you have $1,000,000 and live like a millionaire, you won’t be a millionaire very long.”</p>
6 Views
Ross Middleton
Answered 2 years, 4 months ago
<p id="isPasted">The amount of time that $1 million will last in trading depends on a variety of factors, including the trading strategy used, the level of risk taken, and the market conditions at the time. Generally, the goal of trading is to make a profit, so the hope would be that $1 million would grow over time rather than being depleted.</p><p>Assuming a conservative trading strategy that aims to achieve a consistent return of 1-2% per month, a trader could potentially earn $10,000-$20,000 per month, or $120,000-$240,000 per year, from a $1 million trading account. This would mean that the $1 …</p>
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