none of that is for me i now know. if i had 100k i would put it into an annuity paying 5% per year or something like that. guaranteed income. then take that $5000 per year which is $480 per month and use it for whatever i wanted to. maybe buy a little bitcoin here and there. i'm pretty risk averse as you can see based on my past experiences...
This is a common misconception for most people.
Investing $100K in 5% APY will make your money become $105,000 in the next year, but you haven't calculate the inflation rate.
In my country the inflation rate from central banks is 5%, but the reality the real inflation rate is 10%-15%.
It means, if I invest to earn 5% APY, the amount is growing, but the value is dropping.
This year my money is $100K and the value is $100K, but the next year my money become $105K, but the purchasing value now worth $94.5K-$89.25K.
And I haven't calculate the capital gains tax, you need to pay capital gains tax from the $5K gains, so you're earn less than $5K per year.
You need to beat the "real inflation rate" and capital gains tax if you want to earn money from investment.