If you had a Million bucks in cash.....

[jrlvnv]

moved to vegas, buy 6 houses for 150k each. Hire a property management company to find renters. Enjoy the 6k a month rental income. Sell the houses whenever they double in price.

 

[Nexen]

Quote from Restricted:

Risk??? What risk???

Recession is over, clear skies ahead.

Although I admit the trend is up, is strong, is furious and so far, unstoppable we never can rule out the possibility that the market can do whatever it wants whenever it wants and that's where risk management comes in.

What's your stop ? What's your size ?

 

[stefan_777]

If I had it now, I'd buy a mix of JNK HYG PHB.

Not sure if I'd be willing to hold them through a recession though.

 

[jnbadger]

Quote from dumb_mother:


20% CAN SLIM style investing- not the can slim etf that is always in the market though, one that is cash the vast majority of the time.

Please excuse my ignorance, but there's a CANSLIM etf? William O'Neil style?

 

[wutang]

Quote from ThePropTrader:

I would also spread out $100k over 20-40 penny stocks and just sit on it until just one explodes and they do explode, just take a look at ASFX recently. I think this way I would have very high probability of success, almost certain. With the rest I would just day trade and be out of the market before end of the day.

You'd have to be able to get out of a stock like ASFX. I think the only people making "certain" money in penny stocks are those who buy shell companies to facilitate these pump and dump scams and the promoters. Get incorporated in DE or NV, pay some newsletters for PR, manipulate "the technicals" on the chart and watch the sheep coming pouring in.

 

[Optional]

Actually most don't, like 99 percent of the public and 99.9 percent of elite trader.

Depending on your age, I would put 25 percent in physical metals, weighted equally in each gold silver platinum.

25 percent in managed futures, 2 to 5 diversified programs.

10 percent cash. Some dollars, yen, loonies and euros

15 percent government bonds and TIPS mix

25 percent in foreign currency divident paying stocks focused on agriculture.

Quote from Nexen:

Relax Jim Rogers the question was not formulated as a pissing contest.

The question was formulated for everyone, some do some don't.

Instead you could share how you are investing it.

 

[nelsanity]

Quote from Lethn:

Why the hell would you INVEST a million dollars? I'd start my own damn company!

That is an investment.

 

[FCCT]

Quote from Nexen:

How would you invest it, for how long and where?

Would be interesting to come back to the replies in the future and see how we all did.

I will post mine when it's complete.

Thank you for participating.

This becomes a very interesting question when you factor in a specific time frame. With so many changes it's hard to even state where you can preserve purchasing power for the next 5 years. Im going to stay away from the long term buy and hold and hope dinosaur strategy.

I dont see how anyone could comfortably hold stocks or commodities or any currency thats gone vertical at these levels.

I think expectations are still too high, investors are asking where can I make money versus where can I preserve wealth. Forget about looking for return on investment, you will be looking for return OF investment.

Short term Id stay ultra conservative. I think USD will be the best asset for the next 12 months.

The question is interesting because the longer the timeframe the less attractive cash is.

 

[ehsmama]

Quote from Nexen:

How would you invest it, for how long and where?

Would be interesting to come back to the replies in the future and see how we all did.

I will post mine when it's complete.

Thank you for participating.

Keep doing what made you get to million dollars..Thats just a number nothing more or less
Why fix what ain't broke..
And million dollars is really not that much anyway
Maybe 100 Million.........can retire.

 

[Lethn]

Quote from nelsanity:

That is an investment.

Yes, but it's an investment you can have far more control over and you can decide where it goes and have a better idea of how the company is run.

As opposed to just swamping a company with a few thousand dollars for awhile and waiting for a return and never knowing a lot of what they do.