Taryn
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Variety is the spice of life. Don't put all your eggs in one basket.
There are many other cliches that would fit this sceneario. Spread things out, diversify. Go with some high risk/high return investments, and some low risk/guaranteed investments.
Then spend the rest of your life chillin on the beach :D
Edit: Yes, buy some grapes, as well. You can't go wrong with grapes. |
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gentleman
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You are telling about my dream, what a coincidence, I will just appoint a secretary (nice curve,and good looking) with experience in banking. That easy... |
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Neescousin
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IRA's (ROTH) and it would be worth it to invest a small portion. CD's are a must, and interest bearing savings accounts, or mutual funds.
As for transferred over the net, HA AAA. It's a scam. |
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♥ HollywoodChick ♥
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I would buy a house And Fast food Restaurant and then i would buy trust fund for my future kids., then the rest i would put it away in secret volt. |
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Mo
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See an isvestment counselor. Invest the most of it into a bank. Remember, the Government insures your losses. FDIC |
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sreenivasa m
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You are day dreaming! First let the 30 million dollars come and then decide as to what to do. Now a days we are getting from the so called international lottery agencies announcing and congratulating thro e-mail about winning a few million dollars. How happy if it really happens!!! |
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Zeno L
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For that amount of money, most financial institutions will recommend a financial advisor or a dedicated banker to plan your financial goals.
If you do it yourself then I'd split it between purchasing treasuries, index funds via Vanguard, and various high-yielding cash based savings accounts. |
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Jan Stolz
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I'd deposit 20 mil in a savings account and give 10 mil to the likes of St. Jude's hospital. You can only spend so much money. |
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Jeff W
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I would give it all away for good not for making more money but just to help people that is how I would rule the money after all it is just that money paper gold silver remember what peter said gold and silver have I not but such as I have I give unto thee arise and take up your bed in other words healing of the body and spirit are greater gain then just paper |
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Michael W
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rent the movie Brewsters Millions. He couldn't seem to lose money just don't go into politics |
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dickn2000a
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With $30 million I would manage quite nicely. |
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Rick R
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I personally would break it down and not invest more than 20% in any one investment vehicle.
Example 20% as follows:
1. Stock Portfolio/solid long term stocks
2. Real Estate Portfolio/Trust Deeds
3. CD's for Liquidity
4. Interest Free Municipal bonds
5. 20 % for me to go travel or do as I please.
Just some ideas but nothing cut in stone. |
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archduke
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I would open a Citi gold account or a Bank of America account for there high level banking.10% should go to the church you go to.On the stocks I would invest 25% of the 28 million in to International stocks because of better return.50% percent of 28 million in savings.10% of 28 million put in to a Roth IRA.10% put in to CD%.The other 20% spend how ever you want. |
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boilerrat
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My wife and I would manage to spend it !! |
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MissileMe
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put it into a private bank that doesnt sell you in house funds. That way they won't just sell you investments that make them rich. I wouldn't put it into Credit Swisse for reasons such as the above.
In any case if you are a US citizen, off shore accounts are difficult to set up.
In such a case, I'd dump at least 15 percent into precious metal ie gold, platinum and keep it in a vault. If that's not possible, I'd keep it in ETF.
you still with me? LOL
the rest, I'd put it into a private bank in some small European country and from what's left 85%, I'd put another 10% into precious metals and keep the remaining in different currency such as Euro, NZD, AUSD, Swiss F, ETC ETC. I'd stay away from USD and JPYN. They are going down really soon.
As for investing, I'd say now isn't the time to invest. But if I had 30 million, I'd hedge against the dollar and buy EURO hedge funds. After all US hedge funds can't sell out on the dollar because the US government and SEC thinks it's unpatriotic and will label you as some criminal. The Euro funds can do what they please so they won't go down when the US and USD sinks to an all time 30 year low in the next few years.
All this pending on whether you get that imaginary 30 mil or not. LOL |
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MercurialMe :-)
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Charity first giving thanks so that would be 10%.
I'd pay for the advanced education of all family members that applied themselves. And set up scholarships for other students with potential and no means.
I'd buy a bigger house for my dad.
And then I'd hire the best money management and investment firm/person and take advantage of their knowledge and advice.
Somewhere in there I'd buy myself a boat...Not a yacht, a boat. |
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ZHEN
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first of all you will have to go to bank of england because thats a big bank. then u invest ur money by buying markets and doing business like running a hotel. |
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M R
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I'd get a screened in porch for my trailer, a new rear tire for my bicycle, and NOT buy things on the Mickey D 99 cent menu ever again. The rest I'd stuff in my mattress. |
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gormlath
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swiss bank. i would buy real estate that has been undeveloped and invest in gold. i would also give a bit to friends and relatives and some others that just would give me a kick to give to them |
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Deshon C
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FIRST SAVING AND THEN TAKE CARE OF ME AND MY SON[THEN HELP MY FAMILY OUT]JUST SAVE MAN...NO NEED 2 WORK. |
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slayer maniac
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first of all nobody puts that much money in banks.investing in stocks and real estate are the best options. |
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Janae S
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i will spend some then put it in the bank |
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Vic Q
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speak to a finacial advisor! and can i be your very best m8? |
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Chao Ping C
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All you need is someone who can show you how to be smart with your money. You need to identify what you want with it and customize a comprehensive plan. Then you must implement the plan and monitor it in a timely manner.
Good luck to your financial future! |
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Ryguy821
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buy a mansion and xbox 360, PS3, wii, and everything |
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shekinah_78
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Simply accept it first ,for you to manage about it..If you can manage the small ones, much more to the bigger ones.. |
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scottmcice
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look man if i had 30 million dollars i wouldn't be worrying managing it i would be worrying spending it might as well live while you can just spend it man while you have got it before its to late and your sorry you didn't spend it while you had the chance |
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EnglishDenis
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Remember the movie"Brewster's Millions", that is what I would do. |
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William C
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I'd find the best rates on CD's from 6 months to 5 years. I'd divide the money placing 3 million in each CD. When the first one became due I'd take the interest and reinvest it for five years. You would have a wonderful income for the rest of your life and be able to pass it on to your children. |
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Jessica K
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I would buy grapes. |
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wiiboy
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i would spend it on a mansion |
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