View Full Version : You've got 1M
Shawn
10-16-2007, 04:12 PM
Let's say someone gave you one million to invest any way you want. The goal is to make as much off of it as possible, but not to lose it. What would you do with it? Putting it in the bank at 5% only gets you about $50k/yr.
Minch00
10-16-2007, 04:19 PM
I'd be OK with $50k/year.
duc749r
10-16-2007, 04:57 PM
Give it to my financial advisor who made me just over 20% last year that would be 200k. The only $$ i keep in the bank is to pay monthly bills, thats it.
tomf-1
10-16-2007, 05:23 PM
Putting it in the bank at 5% only gets you about $50k/yr.
Shawn, there are better places to park your money......
PS: For starter....try www.intrade.com :lol2:
pdisme
10-16-2007, 05:24 PM
Yeah, same here, financial adviser is averaging about 14% over the past 12 months so I'll give it to him. What does he do with it? Who knows. :lol2: Either that or I'll start slangin' rocks.
duc749r
10-16-2007, 05:35 PM
Either that or I'll start slangin' rocks.
lol
artherd
10-16-2007, 06:00 PM
Buy $1m of candy in coloumbia, you know the rest...
SweetDaddyDelicious
10-16-2007, 06:11 PM
Well I could by my microbus, a surfboard, a hammock, and a palm tree.
Or...
I could go to vegas, put it all on red, and let it ride.
Or..
I would spend it all on fast cars, booze, and women. I'd waste the rest.
Hey easy come, easy go. Option C seems fun, eh?
Now who's going to give me the million and see how it all plays out?
12097
10-16-2007, 09:44 PM
Strippers.
At the local bar ????????
Only if there's a change in the political landscape.
(For those of you not in the know, our fine province currently does not allow local bars to feature exotic dancers).
Yea, I know, sucks to be us.
RAiMA
10-16-2007, 10:48 PM
Options market on the ASX. Make 20%+ per month
Mikey
10-16-2007, 11:48 PM
Options market on the ASX. Make 20%+ per month
more info required...
At the local bar ????????
Only if there's a change in the political landscape.
(For those of you not in the know, our fine province currently does not allow local bars to feature exotic dancers).
Yea, I know, sucks to be us.
Oh lord no.
I've heard scary stories about the previous place that was run out of the industrial area, not going to touch that with a 50ft pole.
Omega_man
10-17-2007, 04:23 PM
Give it to my financial advisor who made me just over 20% last year that would be 200k. The only $$ i keep in the bank is to pay monthly bills, thats it.
Best move you could make :clap:.
Of the money you''ll make, you need to maintain a reinvest of about 3-5% so your money can keep up with inflation, you'll sleep better always know your money will always have the same buying power (worth) as it originally did :grinning-smiley-003.
Bottom line is NEVER spend the principle & be sure its never looses value!!!!!
Stryke
10-17-2007, 08:29 PM
Considering I am averaging about 150% per year in my conservative investment I would simply continue on my current track and turn the 1M into 2.5M. :)
RAiMA
10-17-2007, 08:42 PM
more info required...
pm me for those interested
artherd
10-17-2007, 11:53 PM
Considering I am averaging about 150% per year in my conservative investment I would simply continue on my current track and turn the 1M into 2.5M. :)
I want in! (and a 5102 :D)
pdisme
10-17-2007, 11:53 PM
Considering I am averaging about 150% per year in my conservative investment I would simply continue on my current track and turn the 1M into 2.5M. :)
150% :wtf: I want in!
RAiMA
10-18-2007, 01:11 AM
Considering I am averaging about 150% per year in my conservative investment I would simply continue on my current track and turn the 1M into 2.5M. :)
Avg 8.69% per month. Not bad :) Keep it up :)
150% :wtf: I want in!
:eek: :stupid:
Shawn
10-18-2007, 09:35 AM
150% :wtf: I want in!
:stupid: :crazy:
ErikV10
10-18-2007, 04:21 PM
pm me for those interested
I'm interested! :wave:
Stryke
10-18-2007, 09:36 PM
Hahaha I expected that response. Unfortunately it is an active investment, not a passive one so it requires hands on.
Mikey
10-18-2007, 10:16 PM
Like selling watches? :P
pdisme
10-19-2007, 02:47 PM
Like selling watches? :P
Oh the humanity.
artherd
10-21-2007, 10:24 PM
it requires hands on.
LOL!
I'd be OK with $50k/year.
+1
A lot of people work 12 hours a day, 5 days a week for that
RAiMA
10-31-2007, 12:39 AM
Might have a VERY favourable result to show at the end of November :)
eshaun
10-31-2007, 03:28 AM
I would invest half of it in various mutual funds and take the other half over to my friend Asadulah who works in securities... ;)
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