- Quit my job
- Buy a Porsche
- Give the rest to Cory Doctorow
this post was submitted on 08 Oct 2023
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Sooo... you're going to be jobless, with an expensive car and none of the actual money.
Tell no one. Start some form of charitable institution anonymously to divert the majority to. Try not to become an idle leech or get murdered.
Finance low rent co-op housing, this actually has a very low risk profile because the tenants have a direct stake in the building payment and being below market rent they will stay at 100% occupancy, all while having a strong social impact by giving families stable places to live at lower rates. Depending on renters eights laws, some.places you could give preference in applications to teachers, social workers, firepeople, and other public employees. You can make a decent interest rate still and build out a big portfolio over time to keep rolling more and more into the investment. This would make a big difference in pushing market rental rate down in towns and small cities over time, like it has in cities like Vienna, Austria.
Living the dream. A house, no need to work, time and resources to do hobbies.