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Old 10-06-2004, 04:58 PM   #1
detoxed
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If you had $1 million in a retirement account......

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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Old 10-06-2004, 05:00 PM   #2
freeadultcontent
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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.
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Old 10-06-2004, 05:00 PM   #3
webmaster x
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China, baby, China.
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Old 10-06-2004, 05:21 PM   #4
detoxed
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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.
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Old 10-06-2004, 05:33 PM   #5
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Move to Canada and buy RRSPs.
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Old 10-06-2004, 05:42 PM   #6
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Quote:
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).
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Old 10-06-2004, 05:43 PM   #7
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Quote:
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
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Old 10-06-2004, 05:53 PM   #8
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I bought ten powerball tickets for tonight - $177 million.

If I win I'l let you know what I decide to do.
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Old 10-06-2004, 05:57 PM   #9
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I would build some rental townhome units.
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Old 10-06-2004, 05:59 PM   #10
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Quote:
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?
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Old 10-06-2004, 06:03 PM   #11
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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.
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Old 10-06-2004, 06:03 PM   #12
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Quote:
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.
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Old 10-06-2004, 06:05 PM   #13
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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
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Old 10-06-2004, 06:11 PM   #14
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Quote:
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.
For the first time in history the power of computers has matched the billions of combinations already mapped by the human genome sequencing initiative.


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add in the wave of elderly happening ..


Medical mutals specializing in genetic or proto-protein research ...

We're on the verge of some very wild cures ...
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Old 10-06-2004, 06:11 PM   #15
quiet
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Quote:
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.
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Old 10-06-2004, 06:48 PM   #16
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Quote:
Originally posted by quiet
i assumed he wanted to invest it all now.
you should have assumed he wouldnt want to live in canada
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Old 10-06-2004, 06:51 PM   #17
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if you made a mill, you can make another one... if I had money to throw around I would defenetly go into real estate
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Old 10-06-2004, 09:04 PM   #18
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Quote:
Originally posted by quiet
i assumed he wanted to invest it all now.
yeah, probably
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Old 10-06-2004, 09:07 PM   #19
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Quote:
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
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