Let's just say somehow you came into $1,000,000.
How would you go about investing this?
More specifically what % would you put in individual stocks, bonds, commodities, indexes, etc?
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Let's just say somehow you came into $1,000,000.
How would you go about investing this?
More specifically what % would you put in individual stocks, bonds, commodities, indexes, etc?
OH OH I KNOW THIS ONE !!!
Isn't it have two chicks go down on you ? !
That's it? If you had a million dollars, you'd do two chicks at the same time?Quote:
Originally Posted by OSECS
For income? Capital appreciation?
http://www.pimco.com/LeftNav/Feature...New+Normal.htm
Damn straight. I always wanted to do that, man.Quote:
Originally Posted by focus
Capital appreciation.Quote:
Originally Posted by Benny Profane
Chicks dig money
Not all chicks
The kinda chicks that would double up on me do
Risky? Safe?
50,000 Lap dances.
good point.
http://www.bloomberg.com/apps/news?p...d=aAYZpSNGocVM
Nobody is buying shit, especially lap dances.
If you want to make or lose a lot of money, quit your job and trade and pray. If you want to live simply, buy bonds and cook a lot of rice.
Considering this is a hypothetical situation, I'm leaning more to the risky side.Quote:
Originally Posted by Benny Profane
hmm, there's a good possibility for diversification with this.Quote:
Originally Posted by G
25% real estate
25% growth stocks
25% bonds
25% Hookers and blow!!!!
Buy that ski area that is for sale in BC.
I'd get a shitty little dump at Alta and hold it until Brad Pitt figured out how cool Alta is. Then I'd sell it to some Hollywood asshole for $7,000,000. This investing thing is easy.
100% Cash
Super safe. 5%= 50k
or revolving CD's
But thats what I would do. Seemd you could lock up a nice interest rate on a Millon dollar Deposit.Quote:
Originally Posted by pointedem
An extra 30 to 50K evry year for as long as you could stand it? While you continue to work would set me up nicely for retirement.
I could BLOW a million on stuff in 2 seconds if I started spending
I'd invest in things I know about. Close to home. Businesses I could run or easily understand. I wouldn't risk it on anything I couldn't fully understand or had minimal control over.
Only 25%? 100% Hookers and blow.Quote:
Originally Posted by Huckin eh?
Good advice.Quote:
Originally Posted by meatdrink9
This is an experiment we're doing for class, so I have quite a bit of leeway in what I can do. It can be a running experiment.
If you like, I can put you in touch with my financial adviser. His name is Punanni, and he posts here occasionally.Quote:
Originally Posted by givebackbloom
AIG stock has gone up 400% this year. Seriously.
Frozen OJ concentrate
Put 100k in a savings account, probably spend about 20k of it on toys trips whatever, use the remaining 80k to help pay expenses when times get tight, but still live thrifty, that should last me for ten or fifteen years at least.
And my great brilliant investment strategy...
Find someone smarter/more knowledgeable than I am, that has a good reputation for managing money, and pay them to manage the remaining 900k because if I tried to pull some brilliant risky investment moves I'd probably just fuck it up.
I might invest about 30k in firearms because I actually know enough to buy things that can only increase in value, as long as I don't really use them, other than that though, I wouldn't trust myself to invest that much coin.
Yea, if I started looking at land/houses, I'd start feeling poor pretty damn quick with only a "MEASLY" million.Quote:
Originally Posted by MTT
Can I be your accountant?Quote:
Originally Posted by leroy jenkins
:the_fingeBuy some shares in the Magic Mtn coop dammit:the_finge
^^
That's what I was going to say!
I would use it to buy up more foreclosures and short sales here in denver.
I'd buy John Merrick's remains (those crazy elephant bones).
No effort high interest savings account. 5% A.E.R = 50k Per Annum and thats the minimum you would get!
Liveezy off the interest!
Like I always say, diversify...Quote:
Originally Posted by Huckin eh?
And, where on your planet are they giving rates like this?Quote:
Originally Posted by Liveezy
I'd open a payday loan shark business. They're booming right now.
vangaurd.com
Target retirement fund. Already pre-diversified depending on how soon you want to retire.
Done.
Buy a small condo... that's all I could afford here for that.Quote:
Originally Posted by givebackbloom
Check the performance of those things in the past few years. So much for contemporary financial advice. I pity those who targeted 2010.Quote:
Originally Posted by Kevo
Seriously, though - isn't most anyone who was divesting themselves of stocks gradually over this decade going to be generally screwed unless they got lucky with timing? (Or had a crystal ball.)Quote:
Originally Posted by Benny Profane
wait for the next market pullback that's coming in the next month or 2 and either put it in the in the s+p 500 index or have some financial guy you believe in handle it for you and sell dec. 31st.
then, being in Houston, i would drop 700k on 7 rental houses; 7 paid off rentals in Houston brings in about $700 per - monthly after expenses and mgt fees.
put the rest back in the s+p 500.
you've got about $5000 coming in monthly and more money invested than all but about 10% of the country.
most could retire on that pretty easily. maybe you're not living slopeside in vail; but you could find something in CO or UT and the rest of your life is yours.
Or paying attention and didn't get screwed by believing autopilot would work while paying these people a fee to lose their money.Quote:
Originally Posted by Dromond
But I heard my TV telling me last week I should have my age in stocks in my portfolio, after all that has happened. Some people never learn.