I recently came into $5 million dollars via a trust fund. What is the best way to invest this amount of money?

Answer 1

Congratulations!

The best way to invest money depends on many things, e.g., your age, married/single, kids, your job, etc., etc.

Having $5 million, you need and can afford professional advice. But not everybody who calls him/herself a professional advisor knows what they are talking about.

Check out to get some idea on how to choose a financial advisor. If you have friends who have money ask them who their advisor is. And don't get taken by quick get-rich schemes.

Answer 2

Send the money to me - I will invest it for you.

Seriously - you now have a responsiblity to learn how and what to invest in. Subscribe to many investment newsletters, have a bucket of salt - beware the hype. Caveat empor - let the buyer beware!

Don't be in a rush to invest - the credit crisis, stock markets crashing..

Take $1million. Pay off all your debts first, then buy the house, cars, go on holiday - enjoy it. Don't ever be in debt again.

Then take the rest, and split in into 4 interest bearing accounts at different financial institutions, or even countries - spread your risk - let's say you get 5%pa - $200,000, after tax - live below your income. FREEDOM.

If you do not spend all the 200,000, then your capital will keep growing, and your income next year will be more!

Answer 3

Hire a financial advisor. With that much money, you should a very diversified porfolio -- some in stocks, some in bonds, some in real estate, etc.

Answer 4

I'm still looking for a private lender for a loan under $20,000.00. Can repay and will give verification and sign legal agreement.

Answer 5

blow the lot on a round the world trip because investing it only lets the government get their grubby hands on some of it

Answer 6

Let me borrow $1,000 and by next year I will give you $2,000. Seriously.