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.
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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.
i would get myself first a financial advisor
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!
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 would not be putting all my eggs in the same basket which is the safest bet.
I would pump in into retirement funds(I have some experience in it)
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
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. |