thesartist
New member
He guys, is it a bad idea to put €7,055 into an the Vanguard S&P 500 ETF that goes up roughly 18% a year and withdraw the profits on a yearly bases? This would result in making around €1,270 a year, which from what I can tell from a bit of research online is that this would be untaxed.
Is it worth the risk for a bit of extra cash? Is my math completely wrong here either? Is there something that I am missing? I'm far from educated in this area, but to me its a foolproof plan. But then again, I am a bit of a fool when it comes to this type of thing. Thanks for any advice in advance
Is it worth the risk for a bit of extra cash? Is my math completely wrong here either? Is there something that I am missing? I'm far from educated in this area, but to me its a foolproof plan. But then again, I am a bit of a fool when it comes to this type of thing. Thanks for any advice in advance