Steady 4-5% annual return on $5 million

[medicalhumor]

Good luck with the 2% return. At that rate you won't even beat inflation. Youllbe losing money.

 

[One Time]

Thanks for all the replies guys.

First, I didn't earn this money. It's inherited. Since the ppl who left it to me worked their asses off all their lives, I think it's only fair I try very hard to not do the same.

Second, WF isn't the only place I'm asking. Since there are some ballers here. just wanted to get their opinions as well.


So far, the serious advice seems to be to talk to a tax/financial adviser (have some meetings set up this month) and to diversify. Regarding this latter part, my question is how precisely?

 

[dchuk]

So far, the serious advice seems to be to talk to a tax/financial adviser (have some meetings set up this month) and to diversify. On this latter part, I kinda figured that on my own, my question is how precisely?

The answer to your question is in your fucking question.

 

[One Time]

The answer to your question is in your fucking question.

::SIGH:: I already said I will be talking to advisors soon. The reason I posted here was to get an idea as to what some of the ballers on WF would do.


For example,

I'd go for California bonds - not only are they yielding between 4-5% but they are tax free federally and state.

tax lien certificates, research them, they should be around 16% yearly

That's the kind of concrete advice that I'm looking for.

 

[efeezy]

Ballers....WF....hahahahahahahahhahahaha....that's fucking hilarious.

 

[PhillipMarlow]

Pay. Pal. Cakes. See LPhackey thread.

 

[polofive]

I have 100 million, make 8% monthly angel investing

 

[exosus]

I've heard CDs.. don't quote me on that though

 

[nickster]

Invest in a few media buys that I intend on doing, I'll give you 5% no prob.for 5mil

 

[freakin]

Which country bank was for 2% return ? Invest in mine in local currency, you will get upto 20% return

I bet you were really excited when the banks refused to allow you to take out money over a year ago. :338:

I would never trust a Ukraine bank.

 

[JayKim]

ladder muni's or layer bond funds... debt instruments son

 

[Mr. Websites]

It's inherited. Since the ppl who left it to me worked their asses off all their lives, I think it's only fair I try very hard to not do the same.

Hahaha makes sense, but still hilarious.

 

[xtacx]

Get educated on real estate.
Get educated on investing in the market.
Invest in yourself via education, and other ways
Create your own business
Buy an existing business(franchise, and or b&m)
Scale.

 

[polofive]

start a foot fetish site or something

 

[BigWill]

Invest in realestate until then keep your money in blocks of 200k in money market accounts. Paying cash for houses gives a really nice return in any market

Thats what I do anyways

 

[evasive]

Have you considered investing in one of these?

 

[Virtual Banker]

you can pm me.

 

[Sharksfan]

If you have 5 million you don't just go to a bank and deposit it as others have said.

You should be able to get a much greater return (2-3X) the normal percentage with that amount of cash - but there's a catch. In order to do that you have to put it all in one place. That's investing Fail 101.

Regardless of what you invest it in you NEED to learn the term "dollar cost averaging" and understand what it means. And any investment professional you find should be abandoned immediately if they are not using this method for any sort of investment in stocks/bonds/etc.

 

[guerilla]

If you are actually serious and not just a troll the FDIC insures each account up to $250,000 or something like that. So dont put more than that in one account.

Just an FYI re: FDIC and @OP, related content

http://www.wickedfire.com/shooting-...-keep-their-moola-so-its-safe.html#post516789

 

[conv3rsion]

with that i'm buying real estate like crazy.