I just inherited $1.5 Million. How do I invest it?

Question

I would be very happy earning $150,000 (or 10%) per year, after taxes, and never touching my principal. Is there a very conservative way to achieve this, so my principal is very safe?

Answer 1

invest it in cars, houses and girls!!!!!!!!!!!!!

JK

be safe, and make sure u know what ur getting into when you invest

Answer 2

yea. dude u r a lucky mo*******ker.

Answer 3

you need a trustable financial firm and advisor. Then search all over the world, you will find government and private bonds which give you more than 10 percent a year.

Answer 4

good joke dude

Answer 5

Yes, but you didn't inherit any money.

You could get a laddered portfolio of corporate investment grade bonds and get 9 to 10% but you would have to pay taxes on it. You could invest in a bunch of muni's which would be tax fee and get about 5% but at a 35% tax rate that is better than get 10% and payihg taxes on it. You could buy about 20-30 dividend paying stocks, lowering your risk by diversifying, right now there are a lot of good companies paying 10% dividends, and when the market goes back up you will also make money as the price of the stocks go up.

Want a list, email me.

Answer 6

Clients of mine  invest their money in an investment with a guaranteed rate of return on principal - your invested money can't be lost and the 25 year avg gross rate of return has been 9.6%, the money grows tax deferred, it can be accessed tax exempt, and passed on to heirs tax free.  It is a safer environment than any other one I've ever seen.  Contact me if you would like to learn more.

Answer 7

With 1.5 million dollar and trying to get (10%) off that would be kind of hard because you'll have to take risk. At (6%) you can get something that is pretty safe though.

Try investing on China. I have relative that has 15X his investment in a year by investing on Chinese Constructing Company.

Answer 8

There is no safe way to earn 10% safely and conservatively after taxes. Sorry to say you are still going to have to workm like the rest of us. I suggest a few diversified stock mutual funds.

Answer 9

Personally, with all the banks in trouble and the stock market sucking, I'd put .2 mill in gold bullion in a safety deposit box, buy a nice (not a palace) home for cash, and put the rest in CD's being sure to stay under the $100k limit per account. Then find what you enjoy doing most and do it.

I personally would Not open a business. With that much money you should be able to do what you most enjoy, and for most folks, that isn't working. If there's something you've always wanted to learn then do that. Otherwise just go golfing or surfing or whatever for the rest of your life.

Answer 10

I´ve been investing for more than 20 years and trading for almost 14, and I can tell you that if you want to make BIG and FAST profits, I recommend you trading rather than investing, trading can help you to go from rags to rich.

If you are investing, you must have already achieved some degree of financial success, long term stock investing and FOREX can help you to diversify your money and become much richer than you are today.

My experiences as a Nasdaq Market Maker, Head trader of several brokerage firms, and currently as a professional trader and private hedge fund manager, I can suggest you that:

We trade because we want quick, short term profits on a consistent basis. We want to cash flow the market. Milk it like a cow.

Make consistent, small, short term gains rather than trying to hit a home run on every trade. Don't ever forget that.

Don't marry a stock, marry the idea of making money trading stocks. That's the only way to do it.

For me "All stocks are equally worthless”

I don't hold on to any illusion that the stock market will continue to go up and provide a nice retirement for me.

I could care less which way the market goes. It's irrelevant to me if the market goes higher, crashes or moves sideways for the next 50 years. I really could care less. Stocks are just four letters with two prices next to them that I use to make a living trading.

Trade ONLY when you have a clear, easy and identifiable advantage, because without a CLEAR EDGE your odds of success are NO better than a flip of a coin… That´s why so many new traders (and investors) lose money.

Take a look at any daily chart of any index or stock and you'll probably see the most volatility and the biggest opportunity for profit during the first Hour of the stock market's opening.

The popular thinking and conventional wisdom is that you should wait about an hour before you start trading.

But if you do, you'll miss the big, fast moves that stocks make as all the amateurs let their emotions out through their online accounts, usually right after they read some news headline or hear Maria Bartiromo go off about a stock on CNBC.

It's easy to see why trading the open is the market's prime time for profiting from other online traders.

The market's open is very volatile - that is the perfect environment for LARGE, FAST profits.

Learn to trade as a professional Market Maker, not as an emotionally driven amateur trader or investor with few thousand dollars in an account at Etrade.

There isn't any other time during the day or any stock you can invest in, that can make you 1, 2, 3, 5, 7 or more points in minutes OTHER than during the first hour the stock market is open, that means: if you are buying or selling short a 1000 shares per transaction, you´ll make $1000,$2000,$3000,$5000 or $7000 Usd "IN MINUTES !!!" not in a day, not in a week, not in a month or in a year, in less than 60 minutes... That's why I love trading the open so much.

I trade only when I have an edge and that means "only the first hour the market is open".

If you are a beginning trader, you can give yourself an unfair advantage in the market trading this way.

I can carry on for hours on how to make money trading online, but if you ask me:

"What is your best advise?

I will say:

Give yourself a BIG favor and go to this "Top Secret" site and learn how to get by yourself the BEST stocks that will make the largest and fastest day trading profits you´ve ever seen.

www.onehourtrading.com

After you review this site you won´t need any system, strategy, book, software, guru or mentor to tell you what to do, you will be able to profit HUGE every day.

Besides, you´ll learn:

• The right amount of money to start trading…

• The best Online broker out there…

• Learn how to enter and exit a trade in seconds making Huge profits…

• Make more money than most day traders simply by trading one hour a day!!!

• How to reduce stress, limit risk and stay disciplined like a Pro.

• The 4 basic rules you should know, that every successful trader know, and amateurs don´t even imagine.

• How to trade against the amateurs and avoid like the plague doing it against the professionals , and why this will put you ONE STEP AHEAD of all traders.

• What causes more devastating trading loses than any other factor... and... How to avoid this pitfall! (Even savvy traders often fall victim to this! )

• Not to spend most of your day in front of a computer dealing with complex charts, software or technical analysis.

• Learn how to read the market´s open to make a huge profit just a few minutes after the opening bell.

All this and a lot more…

By the way, being conservative and trading this way you can easily earn a lot more than 10% a year, without touching your principal capital...

Good luck and good trading,

John Fontaine

Answer 11

Give it to me. Iam going to invest in foreing exchange. then the profit we share.

Answer 12

No totally safe way to get 10%.

Answer 13

Beanie Babies are a great investment. Never go down in price.

Answer 14

There are various investment methods available to you. There are safe and risky investments, traditional and modern type of investments. Learn all the investments.

Answer 15

That's ridiculous!

Answer 16

You can't/won't safely and reliably earn 10% a year in ANY "conservative" investment, and anyone who says you can is lying to you.

If I were in the position you claim to be, I would make telephone appointments & then visit a half-dozen or so financial planners, and tell each of them I had $15,000 to invest "for the long term".   Go with the one that treats you seriously.

Answer 17

closed end funds at a discount can easily get you 10%

look at

exg

etv

srq

chy

hix

etw.

There are more than 700 of these funds available from all sectors.

Check out: etfconnect.com and it will give you a full description and what discounts and yields that these funds have now.  You will be rewarded in the end.  Please consult a broker.  There is great opportunity to get this type of yield and at this time in the market, grow your principal by at least 10%.

Answer 18

You need a financial planner.  Ask around for referrals.

If you really want something conservative, go talk to your bank.  I'm sure they have advisors there.  It's a good place to start.

Answer 19

Yes.

However, I need to know where you live (Country) because taxes are higher in some countries.

NOTE: I am a Portfolio Manager.

Answer 20

try me..it will be worth it!

Answer 21

Contact an investment advisor.  If you dont know of any, look through the Yellow Pages or contact your state securities regulator.  Then look them up on finra.org on the brokercheck link.  And request a copy of their form ADV

Answer 22

buy some TIPS - re-invest whatever coupon you get from the CPI adjustment, and pocket the difference.  this will only make you maybe 2%, but it's the only guaranteed safe way to protect your money from inflation while still getting a little income.

30k/yr for doing nothing ain't bad.

Answer 23

You should invest most of them in land, property, house. Some in stocks, bonds, ETFs, mutual funds and most importantly in the international markets. And leave some in cash but no more then 10%.

If you are really going for it, I would use that money to open your business.

Personally, I would open my own or buy an 5 star restaurant in the city with the money.

Answer 24

If I believed you inherited 1.5 Million Dollars (which I don't)

I would advise you to get an investment ad visor, who would figure out your goals, your time horizon, your risk tolerance and figure out a comprehensive investment plan for you.