And how much would you expect to earn on a yearly basis?
2007-02-27 07:08:07 · 5 answers · asked by Paleface 1 in Business & Finance ➔ Investing
20% in immediate lifetime annuity
30% in rental income/business income
50% in stocks/bonds/equities
conservative 2-4 mill a year AFTER TAXES
2007-02-27 07:19:18 · answer #1 · answered by mark c 2 · 0⤊ 0⤋
I would take 5 million of it, and put it in safe dividend-yielding bonds and bond funds, expecting at least 4 to 5%. That I could live very comfortably on ($125,000 after taxes)
I would donate about 9 million to charitable causes.
The rest of it, I would put to higher risk investments(but not stupid risk). S&P index funds, higly rated mutual funds, some money market funds. But, no more than 5% of the total in any one stock (that's one reason to read the prospectus -- to find out which stocks the mutual fund owns). I would also invest in about 4.5 million of gold bullion.
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2007-02-27 07:19:07 · answer #2 · answered by tlbs101 7 · 1⤊ 0⤋
Does it matter?
Put it in an ING savings account. The 4% interest would be 2 million a year anyways... and it's risk free.
2007-02-27 11:34:43 · answer #3 · answered by mychelleb25 2 · 0⤊ 0⤋
1) Switzerland.
2) $12,000,000.00
2007-02-27 08:41:46 · answer #4 · answered by Anonymous · 0⤊ 1⤋
MOSTLY IN WILD LIVING...
REST I WOULD PROBABLY JUST WASTE.
JUST JOKING...
MOST WOULD GO TO CHARITY..REST ACCOUNTANTS WOULD HANDLE..
2007-02-27 07:22:26 · answer #5 · answered by cork 7 · 0⤊ 0⤋