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

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 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, 05:47 PM


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.



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

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 05-30-2010, 05:52 PMonline - #2
marcusaka50 32 heat pts32 space
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i wouldn't be on bx
 05-30-2010, 05:55 PMonline - #3
dasill 5 heat pts space
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why are all these if u had this and that threads popping up
 05-30-2010, 06:07 PMaway - #4
I'm The Dan 5 heat pts space
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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, 06:43 PMonline - #5
o7media 18 heat pts18 space
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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, 06:52 PMaway - #6
Solidus  space
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$1,543 | 3149870
open an mCdonalds or a cineplex

best money generators
 05-30-2010, 08:49 PMaway - #7
Kuchiki_Byakuya 10 heat pts10 space
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$5,536 | 17104712
I'd buy Boxden and hire Ronnie as a mod.
 05-30-2010, 08:50 PMaway - #8
I'm The Dan 5 heat pts space
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what about real estate? you can buy cheap now and sale high later.
 05-30-2010, 08:55 PMaway - #9
TheIncomparable  space
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$2,596 | 7077322
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 08:58 PM..
 05-30-2010, 08:56 PMaway - #10
TheIncomparable  space
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$2,596 | 7077322
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, 08:59 PMaway - #11
TheIncomparable  space
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$2,596 | 7077322
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, 11:32 PMaway - #12
alchemy 434 heat pts434 space
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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, 08:20 AMaway - #13
brooklonsfinest  space
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$1,319 | 2394462
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, 01:15 PMaway - #14
coolb07  space
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$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, 01:32 PMaway - #15
NickTheQuiznick  space
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$145 | 12295304
id personally invest in real estate. buy a commercial property (warehouse) rent it out...
 06-06-2010, 03:08 PMaway - #16
hockeythug 58 heat pts58 space
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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 03:11 PM..
 06-06-2010, 06:09 PMaway - #17
carden2 10 heat pts10 space
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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 s**t sit in the bank.
 06-06-2010, 06:12 PMaway - #18
d_ville5  space
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$826 | 1420017
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, 11:50 PMaway - #19
hockeythug 58 heat pts58 space
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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 11:57 PM..
 06-07-2010, 01:17 AMaway - #20
CarmeloStarks 87 heat pts87 space
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i would of prolly invest in a few fast food chains and put the rest into some real estate
 

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