I'm inheriting over 16 Million Dollars and personally I'd like to figure a way to invest it so that I can make more money. I'm thinking gold bullion but I'm not sure how much of it I can afford to get without my permanent plans being interupted.
2006-06-16 05:33:49 · 16 answers · asked by jhn_woodson 2 in Business & Finance ➔ Investing
first , figure out how much you need for your permanent plans, and put that aside ... with a little extra for what ever may come along... then invest the rest with perhaps 90% going into a stable secure investment stocks/bonds Cd's etc .. and the other 10% into a riskier but higher yield investment . so if the market dips at least you don't have all your money in it , but if it grows you make out !. best wishes!
2006-06-16 06:00:16 · answer #1 · answered by Ms Fortune 7 · 0⤊ 0⤋
Yum stock should be going up to its high point for the year any day now. I have been waiting myself for the right time to sell, The past three years The stock has soared about a week into July. With that much money definitely put some in the bank, and get interest to live on and have money to invest. Good luck I am sure you are going to have an amazing time spending some of that money.
2006-06-27 12:58:52 · answer #2 · answered by Charlotte 2 · 0⤊ 0⤋
I suggest you to open a brokerage account at a Private Bank and invest in the Stock Markets in several countries with the help of a Portfolio Manager like myself or a Private Banker.
I suggest you to reinvest at least half your profits and live with the rest.
For example:
If you make 20% on the first year you reinvest 1,600,000.00 and use $1,600,000.00 to buy a house, car, go to Germany or whatever you desire.
That would increase your money to $17,600,000.00 and asuming you make the same 20% on the second year you reinvest $1,760,000.00 and use $1,760,000.00 to have some fun.
That way you will have more money every year.
Some years you will make more than 20% and some years you will make less than 10% but you will always have more money.
If you lose money in a year you use your credit cards to survive a year and hopefully the next year will be profitable and you pay your debts and stick to the plan.
With that kind of money you could get the world famous BLACK CARD that has unlimited credit.
If you need more detailed free information just drop me a line.
Top 3 Answerer in Business & Finance (Vote for me)
2006-06-16 05:58:55 · answer #3 · answered by Anonymous · 0⤊ 0⤋
If I were you, first I would think in helping people or give a percentage of the money to a church or help a girl in Fort Myers who is dying of cancer and need a transplant urgent. Second, invest in buying some homes, sell them (furnished or unfurnished). Third, I would put some money in a good portfolio. And, you can think if you want to move to another state, you can buy a luxurious car, a pretty house, you can hire a maid.
Do not forget that money is not everything, it helps a lot, but most important is what you have in your heart and in your life. Enjoy every minute in your life, thank God every morning you wake up, because today we are here but tomorrow we will not know. Take care.
2006-06-16 05:56:02 · answer #4 · answered by chiquit 1 · 0⤊ 0⤋
Dang boy! Aren't you lucky. Well, I think you should definately invest in some real estate... and the market... mostly, make sure you can live off of what your money earns for the rest of your life. You really should get a good Financial Advisor though too. I know an excellent one here in San Diego. I don't want to just put it out there, but if you can figure out how... contact me and I'll give you her contact info.
2006-06-16 05:42:21 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Look into getting a Financial Advisor and have them help you. You will need to think about more than just making more money like retirement, college costs if you have kids, tax issues, and maybe charitable contributions. The large financial companies all have armies of Financial Advisors that would love to get you as a client with 16 million.
2006-06-16 05:42:20 · answer #6 · answered by The Krieg 3 · 0⤊ 0⤋
Go see a Certified Financial Planner. One who charges on an hourly basis. Do not get trapped into an assets-under-management agreement and be wary of commission sales. You've hit the jackpot, don't let others take it away.
2006-06-30 07:14:49 · answer #7 · answered by HH@20 2 · 0⤊ 0⤋
A roth. Get more info on it thru your financial institution but I've heard this is the best way to invest when you have about $5000 to spare.
2006-06-16 05:41:19 · answer #8 · answered by legendoftheweepingwoman.com 1 · 0⤊ 0⤋
You should invest your money... or you could help someone in there time a need friend,family,stranger who knows but you do so make the right chose with your money and dont regret it...
sign,
Jada the Great
2006-06-29 04:49:42 · answer #9 · answered by Jamilah J 1 · 0⤊ 0⤋
16 million isn't enough? How about "investing" in some moral fiber and give some money to charity instead?
2006-06-16 08:16:44 · answer #10 · answered by xanadude13 2 · 0⤊ 0⤋