One Million Dollars

[Joeblack]

With the interest rates in an all time low, and the possibility and unpredictable consequences of a war, I am really interested to know what some of you, fellow DISers, would do if you had one million (or more) dollars to invest. Where would you invest your money? Real Estate? Gold? Euros? The Mattress Bank? What stocks would you buy? Please be as specific as you can. Maybe some good tips will surface.

Thanks.

 

[Dan Murphy]

Legally, I can't tell you (financial planner), but I would ask you...


(don't answer me, because I can not give you any suggestions)

What is the purpose of the money?

What is the investment time horizon?

What is the distribution time horizon?

What other assets do you have?

How well can you sleep if your money is temporarily worth 40% less for a period of time?

Do you have any financial responsiblities?

What is your tax situation?


Among others..........


Very hard to answer, and also, there is no such thing, in the real financial world, looking forward, as a 'good tip'.