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Full Version: If You Are Loaded With 1.5 Million, Which Will You Choose ?
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potato85
If you are loaded with 1.5 million, which will you choose ?

Insurance , fixed deposite or pump in into retirement funds.

Anyone with a better solution ? Like an investment also can. Thanks.

just my peanuts.
rael
i would get myself first a financial advisor wink.gif

of course, with that amount of money, you need to diversify. so it's not an "or", but an "and".

basic allocation would be: stocks, bonds and CDs. i think properties are cheap nowadays, so you might want one.

how you slice your pie among these instruments depends on how much risk/reward you're willing to take.

good luck!
bullseye
I'd definately get it into the stock market. That's were the best returns are in the long run. I might put some in bonds too for diversification but it would be a smaller amount.
IIB
I would not be putting all my eggs in the same basket which is the safest bet.
Bellame
I would pump in into retirement funds(I have some experience in it)
sta123
Invest in a couple of businesses. Bank rates barely make it up for inflation and the stock market is something that can make you a lot of money and also lose you all your money. Nothing like the good ol offline solid business that you can actually touch and count the cash from smile.gif
carterandy
QUOTE(bullseye @ Dec 3 2007, 06:18 PM) [snapback]4528709[/snapback]
I'd definately get it into the stock market. That's were the best returns are in the long run. I might put some in bonds too for diversification but it would be a smaller amount.


I, personally, would not pump a dime into the US stock market. If you've viewed where it is, and where it is going, you can see it is the worst place to have money right now.
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