How do you invest 2M dollars and at what rate, with monthly withdraw?
2007-03-12 12:42:25 · 6 answers · asked by basenji4ever 3 in Business & Finance ➔ Investing
PS: Please also tell me where, which bank, etc
2007-03-12 13:01:33 · update #1
You do need to talk to a professional from a reputable firm who works with millionaires all the time. He/she can get you started on a financal plan with realistic goals. You will reduce your risk, and sleep better at night. You should interview a few of them and choose the one you feel the most comfortable with and has good credentials. If you don't know where to start, email me: bigfella422 at yahoo.
2007-03-12 15:39:27 · answer #1 · answered by bigfella422 2 · 0⤊ 0⤋
9% APY on a CD???? what world are you living in my friend? The highest yield on a 5yr CD floats around 6% Take your 2M and go to the NASD website- find a licensed Hedge Fund manager- that's Series 67/69- since you are what the SEC calls an "accredited investor" - and unload it all in hedge funds - again- transparency is CRUCIAL so play your cards right. If not hedge funds- buy gold - it's up 20% (52wk) or futures at CBOT. m'k good luck!
2007-03-12 23:32:23 · answer #2 · answered by jules4128 2 · 0⤊ 0⤋
Private Investment Fund with 13.2% ROI, Fixed, capital and interest guaranteed. Let me know if you remain interested.
Fund is registered in Texas. Complies with all the regulations.
Buzz me offline if interested.
2007-03-13 10:39:49 · answer #3 · answered by fx_invest74 2 · 0⤊ 0⤋
Certificate of Deposit with at least 9% per annum return , thats $180,000 USD!
2007-03-12 19:47:13 · answer #4 · answered by Latin Techie 7 · 0⤊ 0⤋
Well 28 day t-bills should be right up your alley. About 5%.
Here is the link
http://www.treasurydirect.gov/RI/OFBills
2007-03-12 21:58:42 · answer #5 · answered by Anonymous · 0⤊ 0⤋
u need to see a financial rep, for that much money, don't do cd's go to a financial rep. serious.
2007-03-12 21:58:14 · answer #6 · answered by Nattiedred 3 · 0⤊ 0⤋