The hypothetical is the same: you have a million dollars (tax free in liquid assets).
The million dollars is earmarked for investment - it is not money that the owner lives on or needs for daily survival.
Now, how would you invest it?
Think about the following investment elements and lifestyle choices:
1. Rate of return 2. Government backed guarantee or not 3. Liquidity 4. An investment that gives a return that may be intangible in terms of ecomomics, but gives in other ways like a beach house for family gatherings... you get the the point.
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LaChupacabraj
New Member
posted: Dec. 7, 2012 @ 12:54a
I'll tell you what I'd do man. Two chicks at the same time.
IrateConsumer
Senior Member - 1K
posted: Dec. 7, 2012 @ 1:01a
Wait, I think all you need is $200 and a passport to get into Tijuana... but we digress.
Greatness
Handsome Member
posted: Dec. 7, 2012 @ 1:31a
Break it up with muni funds, tax free investments (funds or ETFs), p2p lending, some cash on hand.
RedCelicaGT
1/2 + 1/4 + 1/8 + 1/16 + 1/32 + 1/64
posted: Dec. 7, 2012 @ 2:07a
Five dunkin donuts franchises.
BADADVICE
Cranky Member
posted: Dec. 7, 2012 @ 3:24a
Well built, multi-plex rental properties.
For several years, I lived in a 30 year old apartment complex. This place wasn't fancy and didn't have the gyms, pools, tanning, lounges, etc. that a lot of the places have today. But man, was it built solidly. It was all brick on the outside, very well insulated, adequate sound-proofing, and despite being 30 years old, the floors didn't have a single creak.
I view this as a balanced investment. It's a decent hedge against the dollar losing significant value. It is not directly subject to stock market volatility. The maintenance and management can be delegated to a management company or I can do it myself if I get bored. And the rate of return will be somewhat proportional to changes in the average American salary as time goes on, so I can maintain a healthy standard of living.
depalma13
Senior Member - 1K
posted: Dec. 7, 2012 @ 5:05a
$.10 superfectas at the horse track.
parmenides
Ancient Member
posted: Dec. 7, 2012 @ 8:03a
RedCelicaGT said: Five dunkin donuts franchises.
Only $200K for one of those, eh? That doesn't seem too bad.
JTausTX
Senior Member
posted: Dec. 7, 2012 @ 8:18a
Rental properties in cash for half, a quarter in safe investments, $50k cash, $200k risky investments. Not much of an investor myself so I won't try to get more specific.
GreyRabbit
Senior Member - 1K
posted: Dec. 7, 2012 @ 8:20a
1/5th foreign stocks 1/5 mix of short, medium and long term bonds 1/5 domestic growth stocks 1/5 domestic value stocks 1/10 reits 1/10 bank deposits
hirenrp
Senior Member
posted: Dec. 7, 2012 @ 8:26a
10% Fixed Deposit account in India. You'd have 2 million in 7 years...
Usorry
Senior Member - 1K
posted: Dec. 7, 2012 @ 8:31a
Somewhat of a conservative portfolio...
60% Index funds with expense ratios under 0.10% 20% REITS or Real Estate Mutual Fund like FRIFX 15% Individual Stocks in companies I like long term (V, COST, WFM) 5% Bank Deposits in various maturities
orangecrushv
Senior Member
posted: Dec. 7, 2012 @ 8:51a
Would 1 million gold dollar coins be enough to fill a vault and swim in it like Scrooge McDuck?
Internguy
Senior Member
posted: Dec. 7, 2012 @ 8:54a
LaChupacabraj said: I'll tell you what I'd do man. Two chicks at the same time.
Wish I could give you 10 greens for this. I just watched Office Space last night.
DaGimp
Senior Member
posted: Dec. 7, 2012 @ 9:09a
50% on Red
50% on Black
Can't lose
BrodyInsurance
Senior Member - 2K
posted: Dec. 7, 2012 @ 9:10a
DaGimp said: 50% on Red
50% on Black
Can't lose Green.
robby69
Senior Member - 7K
posted: Dec. 7, 2012 @ 9:11a
100% in LNCO .. 7.6% dividend yield
RS4Rings
Back in Rehab
posted: Dec. 7, 2012 @ 9:58a
Same as I always do, find best rates in FDIC insured accounts. To me it's not what I can make but what I wont lose
suezyque
Duct Tape Rules
posted: Dec. 7, 2012 @ 11:01a
LaChupacabraj said: I'll tell you what I'd do man. Two chicks at the same time.
Ten-way Couch Potato Portfolio, with small modifications. Then I go and enjoy family, friends, etc.
MaxRC
Senior Member - 3K
posted: Dec. 7, 2012 @ 11:22a
It's a good time for real estate. That's where I'd put it. I would look for returns in the 20-50% per year rate. 20% would require capital only, such as being an investor in a private equity fund, and 50% would require weekly involvements as a principal on a project. $1M isn't a whole lot in my area, however. It's about enough to go in on the low side of returns. $2-$3M is required for something with higher returns.
MaxRC
Senior Member - 3K
posted: Dec. 7, 2012 @ 11:22a
BradisBrad said: suezyque said: LaChupacabraj said: I'll tell you what I'd do man. Two chicks at the same time.
At our house, it doesn't cost a thing.
Go on..
And of course... pics or it didn't happen.
t60
Addicted Member
posted: Dec. 7, 2012 @ 11:23a
You know what I would do if I had a million dollars? I would invest half of it in low risk mutual funds and then take the other half over to my friend Asadulah who works in securities.
MonkeyingAround
Wacky Member
posted: Dec. 7, 2012 @ 11:32a
I would open a gym next to his DD locations
RedCelicaGT said: Five dunkin donuts franchises.
Glitch99
Senior Member - 10K
posted: Dec. 7, 2012 @ 11:34a
suezyque said: LaChupacabraj said: I'll tell you what I'd do man. Two chicks at the same time.
At our house, it doesn't cost a thing. pics?
Wait, your just down the road in Buffalo, aren't you?
BradisBrad
Enthusiastic Member
posted: Dec. 7, 2012 @ 11:34a
MonkeyingAround said: I would open a gym next to his DD locations
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