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re: If you had $1 million what would you do with it?
Posted on 5/9/15 at 6:31 am to player711
Posted on 5/9/15 at 6:31 am to player711
quote:
Just curious why would you invest 60-70% and put it at risk? Vs buying business, real estate, private equator other strategies
There is no such thing as a riskless asset. Buying a business, real estate, etc. can be every bit as risky if not more so.
Posted on 5/9/15 at 7:37 am to foshizzle
Exactly my point as well. Investing in diversified assets is a whoole lot less risky than starting and investing it all in your own business.
Also to the fella who said his finance teacher would invest in into 8% muni's.. Find another teacher. A) you'do be lucky to find yields of half that for 30 yr maturities. B) when those bonds mature, he gets $1mill vs us other guys wh invested and got a 7% compounded return and ended up with $4mill.
Also to the fella who said his finance teacher would invest in into 8% muni's.. Find another teacher. A) you'do be lucky to find yields of half that for 30 yr maturities. B) when those bonds mature, he gets $1mill vs us other guys wh invested and got a 7% compounded return and ended up with $4mill.
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