How much do you need to put in to be able to get $100/day? Asking for a friend (for real). A lot of people could live on $100 a day for quite a while.
To really do this right you need a minimum of $400,000 investable assets: $300,000 invested earning static monthly dividends and $100,000 to daytrade with.
Look up CEF’s- dividend funds…specifically corporate bond funds. $300,000 invested at 9% will yield $2,250 gross/mo. Then you can juice your income by taking the $100,000 and buying at small dips then selling for a 1% cap gain.
1% seems small but it’s $1,000 if you have $100,000. And you can do this several times per month if you’re good and you can enter/exit positions quickly. You could realistically do this 3-4 times per month…which is $3,000-$4,000 PLUS the $2,250 from your static dividends. That’s $5,000-$6,000 per month. You could easily live in 90% of the world with that income without working.
You could try doing this with just $100,000 but the risk is you get stuck in a position and can’t sell. You wouldn’t lose money…you just simply earn the monthly dividend ($750). It would be difficult living off $750 most anywhere in the world. Very little margin for error.