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If you have one million dollars, what would you invest in to make it grow?
If you have $1 million to invest, you are in a position of strength that many people never reach. Instead of squandering the money, investing it can provide you with ...
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If you have one million dollars, what would you invest in to make it grow? If you have one million dollars, what would you invest in to make it grow?
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The retirement plan for many Americans is to accumulate a million dollars and live off the interest. That plan is not working today.
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John A 9:04 pm on February 9, 2010
Impossible to say based on the lack of information about your current financial situtation. Depends on your goals, needs, objective for this money, tax situation, where your current assets are invested, how much you have, your income, your spouse’s information….etc.etc.
If you are speaking simply about which investment has yielded that best long term return net of taxes and inflation for 170 years for any rolling 10 year period? Easy. Stocks.
Investing in property now is a speculative gamble and is not really investing. It is gambling. So make sure you are clear on what is your OBJECTIVE FOR THE MONEY. That is the number one question evertime someone asks me this question.
T-tom 9:04 pm on February 9, 2010
the market is great to buy up houses now.
Take advantage of other peoples ,mistakes,and bad decisions.
Keep in mind real estate is a gamble.Someone may take advantage of your bad purchases also.
Too Many Parties 9:04 pm on February 9, 2010
It depends on your timing. If you want the money to grow fast, right now property is not the answer. Property is a great long term thing. You could buy plenty of good realty estate, then rent it out. (once again, with the market the way it is, that is prolly not a good idea)
I would suggest that you play the ole stock market. There are websites that let you do all your own trading. If you arent comfortable doing your own trading, then pay a broker to do it for you.
Last option, call up your local bank and say, "hey I get a million I want to invest, what can you do for me?" Banks LOVE money and love helping people with money. Hope that helps a bit
rewsnanadeen 9:04 pm on February 9, 2010
put it in the bank and live on the interest
Slim Whitman 9:04 pm on February 9, 2010
Diversify into a 5 classes..
1. 25% – Index Mutual Funds,
2. 25% – Diversified Bond Funds
3. 25% – Aggressive Growth Mutual Funds
4. 15% – Real Estate or REIT
5. 10% – Cash and Certificates of Deposit.
Avoid taking too many risks.
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