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$1m cash

Posted on 3/30/22 at 10:46 am
Posted by Teauxler
Baton Rouge
Member since Jan 2010
3307 posts
Posted on 3/30/22 at 10:46 am
If you had $1m in straight cash, where would you put it right now in this economy ?

Assume no debt , house and cars paid off already.
Posted by BlastOff
New Orleans
Member since Feb 2016
767 posts
Posted on 3/30/22 at 10:50 am to
Strip Clubs
Posted by Hussss
Living the Dream
Member since Oct 2016
6745 posts
Posted on 3/30/22 at 10:54 am to
GOLD
Posted by I Love Bama
Alabama
Member since Nov 2007
37739 posts
Posted on 3/30/22 at 11:09 am to
quote:

If you had $1m in straight cash, where would you put it right now in this economy ?


25% Bitcoin
25% Land
25% Gold
25% Stock Market
Posted by UpstairsComputer
Prairieville
Member since Jan 2017
1585 posts
Posted on 3/30/22 at 11:14 am to
Real estate or commodities
Posted by Sterling Archer
Austin
Member since Aug 2012
7342 posts
Posted on 3/30/22 at 11:14 am to
Vanguard target date retirement fund
Posted by OTIS2
NoLA
Member since Jul 2008
50217 posts
Posted on 3/30/22 at 11:16 am to
Hookers ‘n blow
Posted by el Gaucho
He/They
Member since Dec 2010
53129 posts
Posted on 3/30/22 at 11:30 am to
Whsi
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 3/30/22 at 11:31 am to
2 chicks at the same time
This post was edited on 3/30/22 at 11:32 am
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 3/30/22 at 11:33 am to
also, your thread title sucks. Fix it or this will get anchored
Posted by Jjdoc
Cali
Member since Mar 2016
53502 posts
Posted on 3/30/22 at 11:39 am to
1- 60% in stocks divided into divi and growth.

2- 10% in Mining farm... should generate around $400 to $500 per day. Or around $12K per month. With this, I start crypto bots in the first month, maybe 2. Starting on the 3rd month, I use that income for other investments.

3- Purchase vacation rentals in hot spot areas. I would only use the needed % to close the loans and I would buy 3 to 4. This should return another $12K per month. Can't say what % that is because it depends on the property prices.


4- The remaining, I set aside in anything that makes a % but I can get my hands on within an hour! In other words, All things can fail. In the end, you may need it.
Posted by Double Oh
Louisiana
Member since Sep 2008
18037 posts
Posted on 3/30/22 at 12:25 pm to
Mutual funds
Individual Stocks
Rental Properties
Posted by TorchtheFlyingTiger
1st coast
Member since Jan 2008
2136 posts
Posted on 3/30/22 at 12:39 pm to
Index ETFs
Posted by MizzouFan13
Member since Mar 2020
506 posts
Posted on 3/30/22 at 1:05 pm to
Age? Kids?
Posted by SaDaTayMoses
Member since Oct 2005
4324 posts
Posted on 3/30/22 at 1:06 pm to
land...probably hardwoods. Select cut that 1 time and make your money back. start a lease to pay property tax and insurance. Sell when you are ready.
Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 3/30/22 at 1:22 pm to
50 ft boat.
Posted by arcalades
USA
Member since Feb 2014
19276 posts
Posted on 3/30/22 at 1:32 pm to
Im pretty sure you should include ibonds. no way you wouldn't be able to go a year without a big chunk of that money.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80804 posts
Posted on 3/30/22 at 1:32 pm to
50% bitcoin
30% real estate
15% stocks
4% home improvements
1% a very nice vacation
Posted by jamiegla1
Member since Aug 2016
7016 posts
Posted on 3/30/22 at 1:48 pm to
a retirement home in Idaho
highly speculative stocks that are guaranteed to send me on an emotional roller coaster
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3110 posts
Posted on 3/30/22 at 2:59 pm to
Well that depends...does the government know I have this theoretical million in cash?
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