Tonight I will win £120,000,000. How does one go about investing that sort of dosh?
2006-11-16 21:37:36 · 28 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Buy low..Sell High.
xxB
2006-11-16 21:43:45 · answer #1 · answered by Anonymous · 1⤊ 0⤋
decide want you want your ''dosh to do''
if you want to invest and return or invest and collect.
the bank dont need your dosh they make enough off me,
look for an upcoming businessess that need venture capital, take advice.
start your own business in a sector that requires little of your time,
work can be allocated,managers hired, property investment ect.
you will need the time to spend your hard won ''dosh''
it wont last you that long. LF
2006-11-16 21:53:00 · answer #2 · answered by lefang 5 · 0⤊ 0⤋
You are set for life with that money. Consult a good financial advisor. Actually you need not worry about making more money from that kind of money. Invest them in a bank deposit at 5% interest and you get 6,000,000 per annum. After paying taxes you still can afford a luxurious life style. Best of luck and sweet dreams.
2006-11-17 00:28:40 · answer #3 · answered by StraightDrive 6 · 0⤊ 0⤋
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2015-01-27 11:39:40 · answer #4 · answered by Anonymous · 0⤊ 0⤋
ok enough with the dumb answers; if you REALLY are going to win, the first thing to do is to go a financial advisor.look for one (you have to ask them!) that does NOT earn a commision on what they may want youto get into; look for someone who is just a planner or advisor and not a salesperson!!..they will sit you down and find out what you want to do with the money, your lifestyle, and they will plan, step by step, the best ways to invest your money according to your age, etc., in order to obtain the best return for your investment..you want to diversify; look into no-load funds, (no commisions to pay out!!).then diversify within those funds into bonds, gold funds, large cap funds,small cap funds,and medium cap funds...your advisor will explain all these to you in plain language...PLEASE diversify.....then you should immediately see an estate lawyer to make a will!!!! I am not kidding...if something happend to you, without a will your wishes for the distribution of the money would not be fulfilled...these are two of the most important things you should do, if you win this amount of money..............good luck!!
2006-11-16 21:59:52 · answer #5 · answered by Anonymous · 0⤊ 0⤋
why would you be worrying about investing it!!!! not like you would need anymore! - put 100 million in a bank account and the interest will be fairly substantial I think - no risk involved! and your bank manager would be a very happy bunny! Enjoy the other 20 million - you could practice on stocks and shares and use it as pin money to learn!
2006-11-16 22:03:19 · answer #6 · answered by Anonymous · 0⤊ 0⤋
You need to think about how you are going to spend that sort of money over your lifetime. Forget about investing it - that just puts off the problem. Anyway, I'm going to win it.
2006-11-16 21:50:04 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Give a million to me and blow the rest!!! By the way good luck on tonights Euro Lotto ;-p Oh also they wont give you all of that in one go!! They will keep a high percentage so you cant be stupid with it.
2006-11-16 21:52:35 · answer #8 · answered by Anonymous · 0⤊ 0⤋
I think you're a bit ahead of yourself. I'm actually going to win the Euro millions tonight so you won't be needing an answer to your question!
2006-11-16 21:48:25 · answer #9 · answered by Bror Jace 2 · 0⤊ 0⤋
You are predicting an unpredictable thing that "You are going to win tonight a huge sum", logically, if you can predict an unpredictable thing then you better know than any other "what to do with the money"? so plan it out yourself, ultimately you will be the loser and the winner too,
2006-11-17 00:47:35 · answer #10 · answered by Jaffs G 3 · 0⤊ 0⤋
Invest in real estate. and whatever warren buffett invests in. Oh, and send some to me for the good advice. (just kidding about that)
2006-11-16 21:56:00 · answer #11 · answered by kemikal_cdc_nsf 1 · 0⤊ 0⤋