Thread 2824925

What country would be the best option for me?
I have $2,000 USD in passive income from bonds for the next 25 years.
I currently live in Belgium, where rent costs $1,700 USD a month.
I’m tired of living in such an expensive city.

My first option would be Chile, since I know basic Spanish.
What are your thoughts on Chile in terms of accommodation, food, and safety?

An honorable mention is Kazakhstan, although I can’t read Cyrillic.

>>2824925 (OP)
>What are your thoughts on Chile in terms of
>accommodation
expensive
>food
shit
>safety?
only slightly better than most of latin america and worse than argentina/uruguay. don't fall for the "chile is a developed country" meme, they're just nigger rich because they have a lot of copper

Why not move to some small town in Spain? You have EU citizenship, speak Spanish, it's cheap and you are only a short flight away

>>2824925 (OP)
Alright bros give me the easiest way to achieve 1000 usd in passive income, what kind of savings do I need

>>2824942
Chilean hotel prices are on par with other middle-income countries like Kazakhstan. Definitely cheaper than Europe. As far as migrants committing crimes, that's just as much a problem in European countries as it is in Chile. Chileans themselves are very peaceful people who are unlikely to start trouble with a foreign visitor.

>>2824925 (OP)
You would be living poor in Chile. Go to Laos.

>>2824979
Not him but the Spanish government will eventually find a way to rape the shit out of his bond money.

>>2824925 (OP)
>My first option would be Chile, since I know basic Spanish.
Then why not go to some rural area in Spain?
Still EU and not exactly 3rd world.

>>2824925 (OP)
>passive income from bonds
>from bonds

...wtf?

the first thing you should do is buy property not rely on bond income to pay your rent. who's to say that it's even going to keep up with inflation? once you buy property you'll see that your nest egg is not so big anymore but it will give you a more accurate idea of how much wealth you actually have (or how poor you really are).

>>2824980
1000 USD a year? you'd want an American corporate bond which has higher yields than Treasuries, you could quite easily get a 6% from a major company.
Basically $16,000 USD will get you $1000 USD per year

>>2828281
disclaimer: it's a good time to buy bonds now because yields are relatively high. If the Fed lowers interest rates to like 1% you won't be able to lock in a 6% yielding bond the way you can do it now

>>2828282
FUCK BONDS, STOCKS GO UP

>>2828281
>>2828282
So you can build income every year and then also cash out in 20 years? I gotta learn more and invest some $ so i can make it work for me
And why dont you go to SEA?

>>2828282
>lock in
>bond
You must think a bond is like a mortgage you are stuck with your whole life

>>2828282
>If the Fed lowers interest rates to like 1% you won't be able to lock in a 6% yielding bond the way you can do it now
the Fed can only really control short term interest rates, it's unlikely long term rates will come down much, the bigger risk is them finding a way to fuck your interest with inflation, that's why nobody with money (china, etc) is buying long bonds anymore

>>2828287
>So you can build income every year and then also cash out in 20 years
yeah exactly. On the expiry/maturity of your bond you get the entire principal returned to you. stock chuds could never

>>2828297
>unlikely long term rates will come down much
check picrel - long term yields are not stable at all, they are based on perceptions of future inflation. And coincidentally, so is the Fed's interest rate !

I won't even give the retard above you a (You) because he's clearly lost the plot and doesn't understand how a declining interest rate environment means the value of your bond goes up

>>2824925 (OP)
>I have $2,000 USD in passive income from bonds for the next 25 years.
24,000/yr maybe you should just get a job?

>>2824925 (OP)
I really want to rape this bitch

>bond
>presumably laddered
you're leaving fuckloads of money on the table and probably losing real purchasing power.
go balls-deep in income ETFs and withdraw as necessary then reinvest the remainder

>>2824925 (OP)
Sexxxxxoooo with cosplay girl.

>>2824925 (OP)
She's turning 30 soon

Unironically, Rural Latvia. At least for a few months.

Figure the language out as you go.

>>2824925 (OP)
MOSQUITOED