What Would You Do With $1,000,000? | 049

What would happen if you invested $1,000,000 into the S&P 500 right now, 2023? Historically, the S&P return has been around 7% to 9%, when adjusted for inflation. This average return is based on data going back several decades. Therefore, if you invested this $1,000,000 into one big, diversified fund, you could see a net of $70,000-$90,000. After taxes, you're looking at $42,000 to live off of. By doing absolutely nothing, netted that profit is a big help and helps add staying power.Aloha! We are Glenn & Reid, founders of Hawai'i Trading Academy.Our mission: Cultivate & sustain profitable traders.Our ethos: Be honest and transparent as we build our content off of what we consider three pillars of successful trading: Risk Management, Edge, and Psychology.For more information about Trading Educatio ...