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What plans for how to spend it can you think of? |
I'm inheriting over 16 Million Dollars and personally I'd like to figure a way to invest it so that I can make more money. I'm thinking gold bullion but I'm not sure how much of it I can afford to get without my permanent plans being interupted. first , figure out how much you need for your permanent plans, and put that aside ... with a little extra for what ever may come along... then invest the rest with perhaps 90% going into a stable secure investment stocks/bonds Cd's etc .. and the other 10% into a riskier but higher yield investment . so if the market dips at least you don't have all your money in it , but if it grows you make out !. best wishes! will you marry me? If you have 16 mill pay somebody with degree to help you not a world Hungary for points. invest in real estate...go find some homes you like and buy them =) invest in getting more education,education that will help you with investments.you can never be too knowledgable! A roth. Get more info on it thru your financial institution but I've heard this is the best way to invest when you have about $5000 to spare. i'd like to marry you as well! jokes! go see an attourney! Look into getting a Financial Advisor and have them help you. You will need to think about more than just making more money like retirement, college costs if you have kids, tax issues, and maybe charitable contributions. The large financial companies all have armies of Financial Advisors that would love to get you as a client with 16 million. Dang boy! Aren't you lucky. Well, I think you should definately invest in some real estate... and the market... mostly, make sure you can live off of what your money earns for the rest of your life. You really should get a good Financial Advisor though too. I know an excellent one here in San Diego. I don't want to just put it out there, but if you can figure out how... contact me and I'll give you her contact info. If I were you, first I would think in helping people or give a percentage of the money to a church or help a girl in Fort Myers who is dying of cancer and need a transplant urgent. Second, invest in buying some homes, sell them (furnished or unfurnished). Third, I would put some money in a good portfolio. And, you can think if you want to move to another state, you can buy a luxurious car, a pretty house, you can hire a maid. I suggest you to open a brokerage account at a Private Bank and invest in the Stock Markets in several countries with the help of a Portfolio Manager like myself or a Private Banker. 16 million isn't enough? How about "investing" in some moral fiber and give some money to charity instead? Yum stock should be going up to its high point for the year any day now. I have been waiting myself for the right time to sell, The past three years The stock has soared about a week into July. With that much money definitely put some in the bank, and get interest to live on and have money to invest. Good luck I am sure you are going to have an amazing time spending some of that money. You should invest your money... or you could help someone in there time a need friend,family,stranger who knows but you do so make the right chose with your money and dont regret it... Buy Yahoo Go see a Certified Financial Planner. One who charges on an hourly basis. Do not get trapped into an assets-under-management agreement and be wary of commission sales. You've hit the jackpot, don't let others take it away. |
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