This is BX @ Boxden.com


If you had $3,000,000 what would you do with it to prolong the value of it?


 If you had $3,000,000 what would you do with it to prolong the value of it?
topic by I'm The Dan - 05-30-2010, 04:47 PM - Boxden > The Money Spot (finance/careers)


If you got three million dollars what would you do with it to prolong the value? I've heard some people tell me to throw a mil in an annuity. That would give me $6,000 a month for like 30 years. That would double the value of it, but it takes 30 years to get it. Plus, I am not sure if the annuity adjusts for inflation.

So, I ask what would be the best possible investment of money RIGHT NOW, that would bring in a steady monthly income.


share this topic »   Share this on Twitter Share this on Facebook

24 comments for "If you had $3,000,000 what would you do with it to prolong the value of it?"


 05-30-2010, 04:52 PMaway - #2
marcusaka50 29 heat pts29

  d 
space
$19,656 | POWERFUL
i wouldn't be on bx
 05-30-2010, 04:55 PMaway - #3
dasill 5 heat pts

  d 
space
$2,199 | 5817661
why are all these if u had this and that threads popping up
 05-30-2010, 05:07 PMaway - #4
I'm The Dan 5 heat pts

  d 
space
$10,228 | POWERFUL
I guess it was too much to expect a logical and well thought out answer when it comes to anything other than sports and music on Boxden.
 05-30-2010, 05:43 PMonline - #5
o7media 10 heat pts10

  d 
space
$10,269 | POWERFUL
I'd take a portion of it and invest in undervalued companies that offer high dividend yields in their stock. I'd collect on the dividend and the actual stock (assuming it's a good trade).
 05-30-2010, 05:52 PMaway - #6
Solidus 

  d 
space
$1,538 | 3044867
open an mCdonalds or a cineplex

best money generators
 05-30-2010, 07:49 PMaway - #7
Kuchiki_Byakuya 10 heat pts10

  d 
space
$5,536 | 17104712
I'd buy Boxden and hire Ronnie as a mod.
 05-30-2010, 07:50 PMaway - #8
I'm The Dan 5 heat pts

  d 
space
$10,228 | POWERFUL
what about real estate? you can buy cheap now and sale high later.
 05-30-2010, 07:55 PMaway - #9
TheIncomparable 

  d 
space
$2,592 | 6760564
Originally Posted by I'm The Dan
If you got three million dollars what would you do with it to prolong the value? I've heard some people tell me to throw a mil in an annuity. That would give me $6,000 a month for like 30 years. That would double the value of it, but it takes 30 years to get it. Plus, I am not sure if the annuity adjusts for inflation.

So, I ask what would be the best possible investment of money RIGHT NOW, that would bring in a steady monthly income.
Bonds, stocks, annuities, etc... many options.. There's a bunch of different types of bonds you can buy, and yes, one of those types of bonds is a bond that does adjust for inflation (i believe)... but generally they don't and that's what investing is all about, its a risk... the bigger the risk you take (the more you invest) the more you can make on it (or lose)

Last edited by TheIncomparable; 05-30-2010 at 07:58 PM..
 05-30-2010, 07:56 PMaway - #10
TheIncomparable 

  d 
space
$2,592 | 6760564
Originally Posted by I'm The Dan
what about real estate? you can buy cheap now and sale high later.
real estate is also another option
 05-30-2010, 07:59 PMaway - #11
TheIncomparable 

  d 
space
$2,592 | 6760564
and like dude said above... franchising is a steady flow of income as well.. If you have enough to open up a well known fast food restaurant in a great location, you'll definitely see a great return on your investment
 05-30-2010, 10:32 PMaway - #12
Chaos 373 heat pts373

  d 
space
$13,354 | POWERFUL
You gotta know how to run the franchise...you can't just hire people to do the work for you...

Liquor stores and apartment buildings are great. People need a corner store and a lot more people need a place to live
 05-31-2010, 07:20 AMaway - #13
brooklonsfinest 

  d 
space
$1,297 | 2372367
on a serious note from a person studying econ and finance on a grad level: municipal bonds that will pay you a nice interest rate. Municipal bonds hardly default.
 06-06-2010, 12:15 PMaway - #14
coolb07 

  d 
space
$242 | 281572
i'd probably put a mil in real estate, its a buyers market now. i'd probably put a mill into diffrent cds and savings bonds, etc. then i'd put a mil into different businesses, alternative fuel, food service, etc. thats just my 2 centz worth
 06-06-2010, 12:32 PMaway - #15
NickTheQuiznick 

  d 
space
$145 | 12295304
id personally invest in real estate. buy a commercial property (warehouse) rent it out...
 06-06-2010, 02:08 PMaway - #16
hockeythug 48 heat pts48

  d 
space
$16,960 | POWERFUL
Gotta pick a date you want to become financial independent and save/invest accordingly. Invest in things that will produce a constant cash flow and compound interest will take over.

Last edited by hockeythug; 06-06-2010 at 02:11 PM..
 06-06-2010, 05:09 PMaway - #17
carden2 9 heat pts

  d 
space
$11,565 | POWERFUL
i don't think i'd do much of anything. i'd probably build a better garage and buy a truck and call it a day. other then that just let that !! sit in the bank.
 06-06-2010, 05:12 PMonline - #18
d_ville5 

  d 
space
$823 | 1420016
real estate, it gives you the most flexibility. either you can manage ur properties, or have a company do it, but either way, it's liquid enough where u won't take a loss.

and you can do rentals, and rent goes up annually anyway, and if u sec 8 it that's even better b/c it guaranteed money.
 06-06-2010, 10:50 PMaway - #19
hockeythug 48 heat pts48

  d 
space
$16,960 | POWERFUL
Originally Posted by d_ville5
but either way, it's liquid enough where u won't take a loss.
It is liquid in a sense, but you could take a loss if you had to sell it in a market down turn for a loss. Real estate isn't as simple as buying a property and selling for a profit in two weeks. You are not guaranteed a profit.

Last edited by hockeythug; 06-06-2010 at 10:57 PM..
 06-07-2010, 12:17 AMaway - #20
CarmeloStarks 86 heat pts86

  d 
space
$7,586 | POWERFUL
i would of prolly invest in a few fast food chains and put the rest into some real estate
 
 


Go Back   Boxden.Com - Stay First. Follow BX. > BX Table Of Contents > The Money Spot (finance/careers)
    
         

 



Latest hot topics on fire the past 48 hrs
MLB Breaking: Yankees Pitcher Michael Pineda Gets Caught for..
59 comments
NBA One Year Ago Today Carmelo Scored 37 Points... (video)
56 comments
NBA James Harden's Last 3 Series
69 comments
 Image(s) inside "and The Little Homie Jungle Is A Garden To Me&qu...
New reply 3 minutes ago - 52 comments - by PowerBar Ernie
 NFL Russell Wilson And Wife Divorce
New reply 10 minutes ago - 113 comments - by SeattleWon
 Video inside While Ur Favorite Rapper Gets Raped 4 A 360 Deal, M.re...
New reply 3 minutes ago - 62 comments - by brooklyngohard
 Video inside Lil Boosie At The Breakfast Club: Rap Game, Fake Love,...
New reply 10 minutes ago - 61 comments - by BreakfastClub
 Image(s) inside Advice Women Took While Dating In The 1930s
New reply 5 minutes ago - 53 comments - by german1906
 Image(s) inside Thick Vietnamese Chick Named Kandy...
New reply 11 minutes ago - 96 comments - by 5_star_smitty
 Image(s) inside Actual Iggy Azalea
New reply 8 minutes ago - 133 comments - by HeruDat
 NBA Lebron James Gets Throat Chopped :dead: (video)
New reply 11 minutes ago - 88 comments - by italiansteve

Like BX on Facebook Follow BX on Twitter
5,711 fans of BX | none new today 4,650 following and 2 new today

hot topic blog   »    hip-hop   |   sports   |   movies   |   games   |   news   |   wild'ish   |   gear   |   rides   |   tech

contact us   |   mobile   |   privacy statement

© Boxden.com. 1998 - end of time.