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Updated over 12 years ago on . Most recent reply
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How would you invest 1,000,000 USD in 2012?
You have inherited $1,000,000 USD from uncle Joe and you are seeking 10% return of $100,000 a year how would you invest this money in an environment where money market is paying you less than 1%? In terms of rental properties you prefer not to lock up more than 30% in real estate.
If investing in the stock market, how would position yourself in 2012? If investing in a business, what type of business who you invest it in?
Most Popular Reply
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Originally posted by James Park:
According to the email, I actually inherited it from a Arabian Sheik, and it was $50M...I just need to provide my bank account information to get it!
Regardless, if I couldn't put it all into real estate, I'd probably lend it out. I imagine I could probably generate 10% with relatively low risk this way...