If you had $1 million in a retirement account......

**freeadultcontent** · 10-06-2004, 04:00 PM

Not to be a smart ass or anything, but shouldnt it already be in an investment account if it is money being used to build up for retirement.

**webmaster x** · 10-06-2004, 04:00 PM

China, baby, China.

**detoxed** · 10-06-2004, 04:21 PM

Originally posted by freeadultcontent
Not to be a smart ass or anything, but shouldnt it already be in an investment account if it is money being used to build up for retirement.

No, because you won the fucking lottery and got exactly $1 million dollars after taxes.

**Rich** · 10-06-2004, 04:33 PM

Move to Canada and buy RRSPs.

**FlyingIguana** · 10-06-2004, 04:42 PM

Originally posted by detoxed
How would you invest it?

What % real estate, % mutual funds, etc.

How would you try and get the biggest return with the least risk.

diversify across different asset types and globally as well. commodities have a negative correlation with stocks so they decrease risk.

best thing with funds is to pick high quality fund managers from respected companies or just go with solid hedge funds. its all about a solid track record(how they perform in both bull and bear markets).

**quiet** · 10-06-2004, 04:43 PM

Originally posted by Rich
Move to Canada and buy RRSPs.

would take one hell of a long time to buy 1 mill worth of rrsp's lol

**Rochard** · 10-06-2004, 04:53 PM

I bought ten powerball tickets for tonight - $177 million.

If I win I'l let you know what I decide to do.

**Nismo** · 10-06-2004, 04:57 PM

I would build some rental townhome units.

**Rich** · 10-06-2004, 04:59 PM

Originally posted by quiet
would take one hell of a long time to buy 1 mill worth of rrsp's lol

What, he's young, he doesn't have 65 years or so before retirement?

**warlock5** · 10-06-2004, 05:03 PM

You can get a proper answer for this question unless you give us the time period in which you will start using the money, ie 10, 20, or 30 years. In general, the sooner you need the money the less risk you want to expose yourself to.

If you plan on retiring now, then you need an investment that gives you a fixed return.

**FlyingIguana** · 10-06-2004, 05:03 PM

Originally posted by RocHard
I bought ten powerball tickets for tonight - $177 million.

If I win I'l let you know what I decide to do.

you could be my first investor in the iguana hedge fund.

**Screaming** · 10-06-2004, 05:05 PM

depends on which would have the better out come in the years to come if you could tell that, some stable, wouldnt gamble with it on risky stock or such, i understand that nothing is completely stable

**sexeducation** · 10-06-2004, 05:11 PM

Originally posted by detoxed
How would you invest it?

What % real estate, % mutual funds, etc.

How would you try and get the biggest return with the least risk.

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**quiet** · 10-06-2004, 05:11 PM

Originally posted by Rich
What, he's young, he doesn't have 65 years or so before retirement?

i assumed he wanted to invest it all now.

**detoxed** · 10-06-2004, 05:48 PM

Originally posted by quiet
i assumed he wanted to invest it all now.

you should have assumed he wouldnt want to live in canada

**qwe** · 10-06-2004, 05:51 PM

if you made a mill, you can make another one... if I had money to throw around I would defenetly go into real estate

**Basic_man** · 10-06-2004, 08:04 PM

Originally posted by quiet
i assumed he wanted to invest it all now.

yeah, probably

**AndrewKanuck** · 10-06-2004, 08:07 PM

Originally posted by quiet
would take one hell of a long time to buy 1 mill worth of rrsp's lol

Not if you don't mind paying overage taxes haha

If you had $1 million in a retirement account......

If you had $1 million in a retirement account......

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