If you had 10 million dollars or more, how would you best secure that money from risk?

Question

If you had 10 million dollars or more, how would you best secure that money from risk?

Answer 1

Diversify your investments to make it secure from any occurance. Any investment consular can show you good ways to do that.

Answer 2

First off, a couple of people mentioned FDIC insurance and banks. FDIC only kicks in if the bank goes bankrupt, it does not insure against theft or other things.

If I had $10 million or more I would visit a few financial consultants to see what each said, then I'd pick one. I would invest at least half of the money in stable secure options (US Government bonds are the safest, but may not keep up with inflation, Municiple bonds are also usually safe both of these offer some tax benefits).

I'd also take $2-3 million and invest that seperately in an account to use as a charitible donation. That way I can give away the interest earned each year and gain a slight tax advantage (and feel good about myself).

I would put $1-2 million in a personal stock account so I could play with it to see if I can beat my financial consultant.

The last $1 million i'd put into a bank to gain all the free services they offer (free safe box, checks, wires, etc). I would try to put most in a high yield savings and only use the interest paid for fun stuff).

These options will help you maintain most of your wealth and allow you to play with some of it and feel like you have control.

Answer 3

Talk to an investment specialist and invest the money in a wide range of stable or well performing investments. Treasure bills are pretty safe as are bonds; US governments don't fail very often. Stocks are riskier, but a company as huge as IBM of Coca Cola isn't going to go away anytime soon. The stock prices may rise and fall, but the actual value of the company isn't going to change that much unless there is a major disaster; like AMD making a huge leap in processors or a sudden finding that drinking Coke products can be lethal.

Land is always a good investment, it rarely loses value, and they aren't making any new land, but the taxes can be a problem.

Banks insure the money to only $100,000, but few banks fail. However, if you have that much money putting into a bank is a poor way to use it. However, you can use a money market account, and invest in CDs which will be very stable.

Investments in commodities like gold, silver and diamonds are pretty stable, but there are limits on what you can legally own in the US.

Properly invested money of that size will only grow, with no additional work required by you. The problem is if you start living outside of your means. Buying a new sports car would be a big expense, but putting a down payment on a huge mansion would be a huge expense and a mistake, because once that money ran out you couldn't keep up the payments on it. A good sized house with a small mortgage would be an excellent investment and one you can use to live in. The housing market is falling now, but it will rise again. People have to live, the population is increasing and there will always be a demand for a good home.

The worst thing to do would be to sink all the money into some risky investment, putting all the money into any one thing would be a huge mistake, but then finding one thing that expensive isn't that easy either. We are talking office complexes, small skyscrapers etc. or Florida or California beach front property.

Answer 4

Well, they say land is the most secure investment, but it's so boring isn't it to just buy land and let it sit there. I would invest a portion in video game companies since that is one of my interests and a market that I think will continue to grow and grow. I would buy urban land in cute little foreign cities and build nice apartment buildings since cities are growing exponentially especially in emerging markets. The bottom line is there is no real way to secure it from risk. You cannot avoid investing in something or other. It might as well be something you are personally interested in instead of something that some advisor suggests for god knows what motives.

Answer 5

I would invest at least $1,000,000.00 USD in bonds from the following countries:
1) Kuwait
2) Bahrain
3) Oman
4) United Kingdom
5) Latvia
6) Any European country
7) Azerbaijan
8) Ghana
9) Canada
10) Mexico

Answer 6

invest 100,000 in 100 FDIC insured accounts in CDs, money markets and any account where the APY (not APR) is higher than inflation (FDIC insures single accounts up to 100,000, and if a bank gets robbed and you have more than 100,000 you could use everything except the 100,000).

also, there are private investment companies (i think one is called Bancroft or something) where the minimum investment cash requirement can range from 1million to 1 billion. Of course, these companies are from word of mouth only, so be careful who you talk to about your 10million. people could end up working scams to get your money through phony people.
Look out for the capital gains taxes on these investments though, so maybe they should be placed in swiss bank or offshore accounts.

Answer 7

I haven't any adventure with Austrilia , besides in case you have 5 thousands and thousands , i advise you to diversify your investment , I actual have my own investment with asset administration for greater advantageous than 6 months adventure , take a glance

Answer 8

open up 4, 2 million savings account and never touch
them

the last 2 million is for whatever you want and always
have access to it (safe in your house well hidden)

Answer 9

like 10 banks

Answer 10

I'd buy a reliable arsenal of weapons, war-ify my house with barb wire, mines, pillboxes, sandbags, etc, and sit on top of my loot with a shotgun.