2007-03-07 18:12:50 · 7 answers · asked by Anonymous in Business & Finance ➔ Investing
With that much money diversification is very important and so are taxes for you and your heirs. Stocks, mutual funds and real estate will pass through to your heirs with a stepped up tax basis. Split it up between stock mutual funds, domestic and international and some in precious metals, fixed income like bond funds, CD's and money markets and and real estate, like a house. All of these have different correlations to eachother. Correlation is the key to diversification. Banks are insured up to $100k per depositor, through FDIC. Brokers are usually insured up to $500k through SIPC. Thats insurance against insolvency of the institution. Not the individual account. So dont keep any more than 100k per bank or 500k per broker.
2007-03-07 20:15:52 · answer #1 · answered by jeff410 7 · 0⤊ 0⤋
I have been a advisor for over 10 years.
Ignore the other comments dumboe has the right answer.
To be honest with you you shouldnt invest in just stocks just bonds you should be diversified to guarantee security which is the most important thing with large sum of money.
Ideally you would open a bond which is tax free and nominate benificarys in case you died so as not to incurr inheritance tax. The you should chose what suits you and what you understand a mixture of stocks hedge funds and unit linked funds would be best.
Property is not a good investment trust me unlees you will live in the house dont get tied up in litigation when you can earn more without stress and hassle you want security looking at 5-6 % english gov bonds. However depending on your age you should look for a mix to give you over all 15-20% tax free per anum with a income facility providing regular cash.
If you would like to know more email charlesburrows@vn-am.com
www.vn-am.com
2007-03-08 01:51:34 · answer #2 · answered by ch b 1 · 0⤊ 0⤋
Depends on your risk tolerance. You can put it in 10 different checking acocunts and average maybe about 4% return (that's $40k guarenteed per year) or a CD for about 5% return, or you can diversify and average 10-25+%. Depends on where you are in life. If you're like 25, you can afford to be very aggressive with your investments (high growth stocks, mutual funds, emerging markets, junk bonds) but if you're near retirement age, you do want to be more conservative (blue chips, CDs, real estate, bonds)
2007-03-07 18:26:47 · answer #3 · answered by dumboe8899 3 · 0⤊ 0⤋
I'd recommend the stock market (assuming you're young). Over long periods it tends to go up about ten percent a year. Put your money into an index fund that buys stock in a large number of companies, let it ride for a few decades and you'll be quite rich indeed.
2007-03-07 18:45:34 · answer #4 · answered by Adam J 6 · 0⤊ 0⤋
Quite simple, find a product that grows in value over time and doesnt depreciate. Answer: gold, silver, real estate, land.
To tell you how much return you can expect and in what period of time you'll have to research that yourself. All i know is that the returns are anywhere from 100% to 500% easily.
2007-03-07 18:21:35 · answer #5 · answered by misterb_1972 3 · 0⤊ 1⤋
it a lot of money! u can invest in index or stock market. I have a proposal. Daily u invest, u can get 2.3%. From initial investment, daily u can get 23,000. Thi share mature in 100 days. so after 100 days u can get 2,300,000!! Which is 230%. Monthly you will get 766.66.
2007-03-08 14:21:06 · answer #6 · answered by fais 1 · 0⤊ 0⤋
You can invest in a business and get a large revenue from it monthly.
2007-03-07 18:20:21 · answer #7 · answered by Geeeyaaa 4 · 0⤊ 0⤋