or Connect
HotStockMarket › Forums › Investing Forum › Personal Finance › If you had $1 million, how would you invest it?
New Posts  All Forums:Forum Nav:

If you had $1 million, how would you invest it?

post #1 of 28
Thread Starter 
Looking to see how other people would invest if they had a million dollars.

I would first pay off the house mortgage. then store some in the bank for an emergency fund. and also buy some stocks in stable big companies that pay dividends like jnj and a few reits like nly. i dont really know much about any other investment vehicles

what would you do?
post #2 of 28
I would split the money into 2 chunks.


The first 400k I would spend on a down payment/house

The remaining 600k I would spend on various dividend paying ETFs, such as DVY.

That would allow me to pay the mortgage with my dividend income and still save a little on the side.
post #3 of 28
If somebody handed me a million tomorrow, I would first pay off the house, thats 79k. Pay off student loans, thats 10k. Then, I'd put 150k into life settlements through LPHI. They've got a track record of 14% annualized return on life settlements, so that 150k would buy 15 10k chunks of large life insurance policies.

That leaves about 760K. Wife would buy furniture, we could use a new car. Take about 25k for that stuff. I might buy my dad a house in my name in my hometown in Illinois, that would be 75k. That leaves about 660k.

At this point, I'm looking for something that is gonna give me a passive cash flow without a lot of work. I'm not quite sure I'd run out and buy houses because that is a ton of work. I might buy one rental house, something dirt, dirt cheap. And I don't think I plow anything into a dividend payer yet because I'm anticipating a substantial pullback sometime between now and the 2012 election. That's a long time to sit and wait, but with 600K I wouldn't want to buy high and sit through a long drawdown. With my house paid off and no large monthly liabilities I'd be living comfortable on my current income and not have to touch the nest egg. The 150k in life settlement would double roughly every 6 years; I'd be comfortable with that return until we finally see where the dust settles after this recession is over.
post #4 of 28
Quote:
Originally Posted by bluestaq View Post
If somebody handed me a million tomorrow, I would first pay off the house, thats 79k. Pay off student loans, thats 10k. Then, I'd put 150k into life settlements through LPHI. They've got a track record of 14% annualized return on life settlements, so that 150k would buy 15 10k chunks of large life insurance policies.

That leaves about 760K. Wife would buy furniture, we could use a new car. Take about 25k for that stuff. I might buy my dad a house in my name in my hometown in Illinois, that would be 75k. That leaves about 660k.

At this point, I'm looking for something that is gonna give me a passive cash flow without a lot of work. I'm not quite sure I'd run out and buy houses because that is a ton of work. I might buy one rental house, something dirt, dirt cheap. And I don't think I plow anything into a dividend payer yet because I'm anticipating a substantial pullback sometime between now and the 2012 election. That's a long time to sit and wait, but with 600K I wouldn't want to buy high and sit through a long drawdown. With my house paid off and no large monthly liabilities I'd be living comfortable on my current income and not have to touch the nest egg. The 150k in life settlement would double roughly every 6 years; I'd be comfortable with that return until we finally see where the dust settles after this recession is over.
and then we awoke from our dream...ever had one of those where you win the lottery and are screaming/jumping with joy and then wake up and reality sets in...
post #5 of 28
Thread Starter 
what other things can you invest in that give a good annual rate of return?

and what about annuities?
post #6 of 28
Quote:
Originally Posted by facebookdigg123 View Post
what other things can you invest in that give a good annual rate of return?

and what about annuities?
Annuities are good, but only if you are retired and needed a fixed income that would last.
post #7 of 28
I've always thought a nice apartment complex would be a good thing to own.
post #8 of 28
I would put 3/5 into collect dividends via covered calls on MRK, VZ, DVY and/or JNJ. Leaves me with 400k for a down payment on a multi-family dwelling in San Francisco.
post #9 of 28
Too easy a question. I'd invest 400,000 in ACTC.OB and split the remaining money evenly amongst my closest family.
post #10 of 28
Quote:
Originally Posted by GetRichQuick View Post
Too easy a question. I'd invest 400,000 in ACTC.OB and split the remaining money evenly amongst my closest family.
Pump ACTC much?
post #11 of 28
Quote:
Originally Posted by Crazed98 View Post
Pump ACTC much?

Pump? I'm giving my opinion, which has in FACT worked out well for me so far. Go take out your frustrations elsewhere. Punch a pillow or something. If you want to discuss something constructively, i'd gladly do so, but I am not here to get into petty arguements with disgruntled investors.
post #12 of 28
Quote:
Originally Posted by GetRichQuick View Post
Pump? I'm giving my opinion, which has in FACT worked out well for me so far. Go take out your frustrations elsewhere. Punch a pillow or something. If you want to discuss something constructively, i'd gladly do so, but I am not here to get into petty arguements with disgruntled investors.
How do you discuss something constructively with someone who thinks dumping 400k into into a penny stock as an investment is a good idea
post #13 of 28
Quote:
Originally Posted by Crazed98 View Post
How do you discuss something constructively with someone who thinks dumping 400k into into a penny stock as an investment is a good idea
Easy. Present your case as to why this particular penny stock is not worthy of such an investment. Then, I will respond why, in my humble opinion, you are severely incorrect.
post #14 of 28
Quote:
Originally Posted by GetRichQuick View Post
Easy. Present your case as to why this particular penny stock is not worthy of such an investment. Then, I will respond why, in my humble opinion, you are severely incorrect.
I think you are not quite understanding what an INVESTMENT is....
post #15 of 28
Quote:
Originally Posted by Crazed98 View Post
I think you are not quite understanding what an INVESTMENT is....
How so? I have invested my money into Advanced Cell Technology in 2008. I have not sold a single share since. I still hold every share I have ever purchased in ACTC. I plan to continue holding for a long time. I plan on holding until 2015 or I reach approximately 2 million dollars in profit, whichever comes first. And I may decide to continue holding longer when one of those milestones is reached.


So, please tell me how I am not understanding what an investment is. Or if you'd rather, please tell me how am I not properly looking at ACTC as an investment? Or, if you'd like, please feel free to explain how ACTC is not worthy of investment.
post #16 of 28
Quote:
Originally Posted by GetRichQuick View Post
How so? I have invested my money into Advanced Cell Technology in 2008. I have not sold a single share since. I still hold every share I have ever purchased in ACTC. I plan to continue holding for a long time. I plan on holding until 2015 or I reach approximately 2 million dollars in profit, whichever comes first. And I may decide to continue holding longer when one of those milestones is reached.


So, please tell me how I am not understanding what an investment is. Or if you'd rather, please tell me how am I not properly looking at ACTC as an investment? Or, if you'd like, please feel free to explain how ACTC is not worthy of investment.
Someone has been drinking a little too much
post #17 of 28
Quote:
Originally Posted by Crazed98 View Post
Someone has been drinking a little too much

ball's on your side to prove me wrong. Are you fumbling? Reducing your comment to that sure seems like letting the ball slip in my opinion.
post #18 of 28
Quote:
Originally Posted by GetRichQuick View Post
ball's on your side to prove me wrong. Are you fumbling? Reducing your comment to that sure seems like letting the ball slip in my opinion.
I just find your reasoning funny. What do I need to prove? You have already proved it by defending your precious ACTC.
post #19 of 28
Quote:
Originally Posted by Crazed98 View Post
I just find your reasoning funny. What do I need to prove? You have already proved it by defending your precious ACTC.

I have not even begun to defend ACTC yet. You haven't even provided one reason why ACTC is a bad investment. If you can't say anything bad about ACTC, then why are you even jumping all over ACTC as a crappy stock?

However, to the thread starter, if it makes life easier for everyone, diversify a little and then put the large majority into ACTC. That is where the real money will be made.....in my humble opinion....just watch ACTC over the next couple years and don't kick yourself for not getting in when it was mentioned in your thread. Good luck.

And back to Crazed...please, anytime, tell my why ACTC is a bad stock, still waiting.
post #20 of 28
Quote:
Originally Posted by GetRichQuick View Post
I have not even begun to defend ACTC yet.
My point exactly... You do understand that you could be talking about XYZ, ABC, or POS and I would be saying the same exact thing right?



Quote:
Originally Posted by GetRichQuick View Post
You haven't even provided one reason why ACTC is a bad investment. If you can't say anything bad about ACTC, then why are you even jumping all over ACTC as a crappy stock?

However, to the thread starter, if it makes life easier for everyone, diversify a little and then put the large majority into ACTC. That is where the real money will be made.....in my humble opinion....just watch ACTC over the next couple years and don't kick yourself for not getting in when it was mentioned in your thread. Good luck.

And back to Crazed...please, anytime, tell my why ACTC is a bad stock, still waiting.
I can tell that you are young and new to trading so I know there isn't a thing in this world I can do to make you understand that investing in pennies will only leave you with pennies. You'll learn by your own mistakes. Just don't advise others to follow in your footsteps because you think that you've found a diamond in the rough.
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Personal Finance
HotStockMarket › Forums › Investing Forum › Personal Finance › If you had $1 million, how would you invest it?