2006-06-29 11:22:20 · 15 answers · asked by Anonymous in Business & Finance ➔ Investing
60% in real estate, 22% in SPDRs, 12% in a diversified monthly income fund, 6% in a resource fund. For fun you can dabble in forex (I recommend Hang Seng Bank), but not more than a couple of percent. It's ok to discuss your situation with an investment adviser, but DO NOT hand over control of your portfolio! You have to pilot your own ship.
2006-06-29 15:48:44 · answer #1 · answered by Michaelsgdec 5 · 0⤊ 0⤋
the best and wisest way to invest $3M is to find a trust worthy and competent finacial manager that will help select and monitor your investments. Select one that does not work on transaction commisions (When you trade or invest your money they make money), but rather one that makes money when you make money (a % of you return).
A good money manager will help you reduce tax consequences and shift your investment style as you grow older (From more aggressive to less aggressive).
Good Luck!
2006-06-29 18:33:47 · answer #2 · answered by msheridan1972 1 · 0⤊ 0⤋
share the wealth! just kidding but hey if your willing i could use a loan! My buddy actually has a way for you to invest in a business and make 2% a month on your investment and you don't loose any money, you just gain 2% a month till you decide you want your money back and within 1 month are given back all you money invested. sounds pretty great to me
estimate- 100000 investment would = 2000 a month
2006-06-29 18:35:35 · answer #3 · answered by candace w 1 · 0⤊ 0⤋
I suggest you to open a Private Bank Account and invest in the Stock Market (In USD, GBP and Euros) with the help of a Private Banker.
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2006-06-30 03:47:14 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Diversity. Spread it around.
1: S&P Index fund
2: Large Cap fund
3: Small Cap fund
4: European fund
5: Asia fund
6: Bond fund
7: REIT
8: CD and Cash
2006-07-13 10:18:04 · answer #5 · answered by gary b 1 · 0⤊ 0⤋
Buy Agriculture land. Grow Bio fuel and medicinal plants. You not only make money but also save lot by way of foreign exchange and helping towards creation of Bio village.
2006-07-13 06:45:26 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Invest in Berkshire Hathway of Warren Buffet fame. You would have the most successful investor at your service.
2006-07-11 07:55:46 · answer #7 · answered by StraightDrive 6 · 0⤊ 0⤋
Pay off all deby. only buy things you truly need. (You do not need an $89,000 Acura NSX). Live simply. Don't flash it around, or some nut case will try and take it away from you. But, to answer your question, DIVERSIFY.
2006-07-01 23:33:36 · answer #8 · answered by GC 1 · 0⤊ 0⤋
It depends on how old you are and whether you are going to need any of the money soon (say, to buy a new house). See a financial planner, he or she will be able to advise you based on your circumstances.
2006-06-29 18:27:50 · answer #9 · answered by NC 7 · 0⤊ 0⤋
Give it to me.
2006-07-11 12:51:04 · answer #10 · answered by edaem 4 · 0⤊ 0⤋