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regardless of whether fast or slow time consuming, and no banks please, interest rate too low although steady.

2006-06-28 02:06:14 · 8 answers · asked by Anonymous in Business & Finance Personal Finance

8 answers

Let it draw intrest until you have done your homework on how to investat least 1/4 of it.

2006-06-28 02:12:50 · answer #1 · answered by Anonymous · 0 0

depending on how fast you want to make money you can learn to be a day trader on the fortex market. that is were you go in to the market for short periods of time and you invest in the money markets of the world . It is work but the returns are ge=reat if you catch on to how the political climate of the world effects the money flow of countries .right now the British pound Sterling is higher than the dollar and many new traders do not know that it is the one currency that you purchase backward and trade backward. I always made money on the yen. when I was learning how to trade practice first with 10,000. in trades first you can trade 3000. at the start and because you never want the funds to sit over night you move the money out of the fund after you go up 5 points and you will be surprised at how fast the market changes. The secret is never let the money sit over night.All ways watch the charts and when you see your fund slipping 2 or three points pull the heck out. You can make fast money. But down side you can lose good money fast waiting for the currency of your choice to turn around practice first with this type of trading on
paper first and when you get the jest of the markets you can make money very fast and you are in charge of you own investments.

2006-06-28 04:13:16 · answer #2 · answered by EULALIE M 1 · 0 0

Invest in products and/or services that are continually needed! There are investment firms that offer opportunities to invest which pay monthly dividends as well as a substantial payout at the designated end of the investment contract. A typical period of investment is 3-5 years, plus the monthly return given in the form of dividend payments. I.G.S. Capital Management has a significant number of investment opportunities including a 3 year program that is currently open in real estate, in the Oklahoma area, and the returns are GREAT! If you need more information see, info@igscapitalmanagement.com. I am NOT and affiliate but someone who has been looking into this company for my own investment potentials! Good Luck and God Bless!

2006-06-28 02:23:18 · answer #3 · answered by TIM L 1 · 0 0

If you are looking for a higher interest rate than the bank and have a long enough time frame then you should look into investing in the stock market. Since you have a large amount of money and need a fair amount of guidance it would be worth it to consult a financial advisor.

2006-06-28 02:41:43 · answer #4 · answered by VATreasures 6 · 0 0

The first question you must answer before anyone can answer your question is the amount of risk you are willing to take. Second, with that much money it would pay to seek the advice of a Certified Financial Planner, preferably one who works on an hourly basis. You will probably want to diversify among a variety of investment areas. My firm uses 8 categories including US and Foreign stocks.

2006-06-28 02:30:59 · answer #5 · answered by HH@20 2 · 0 0

You're asking this question indicates your money management experience is limited. Would you expect your neighbor to hire you to manage their money? If not, why would you hire yourself to manage your own money. Find a reputable money manager that does not work on commisions, and he/she can design a customized investment plan for you taking into account exactly how much risk/return you want to aim for. If you need assistance in locating a reputable money manager let me know as I can help.

2006-06-28 02:38:04 · answer #6 · answered by WILSON B 1 · 0 0

I will probably invest in some company stocks. But although the yield may be higher, then risks are also higher.

2006-06-28 02:20:15 · answer #7 · answered by JP E 4 · 0 0

I would interview financial planners and/or brokers, check their references and history. After which, I would let one of them manage it.

I would not ask for opinions from people on the Internet.

2006-06-28 03:39:42 · answer #8 · answered by Left the building 7 · 0 0

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