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$1m cash

Posted on 3/30/22 at 10:46 am
Posted by Teauxler
Baton Rouge
Member since Jan 2010
3287 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
764 posts
Posted on 3/30/22 at 10:50 am to
Strip Clubs
Posted by Hussss
Living the Dream
Member since Oct 2016
6741 posts
Posted on 3/30/22 at 10:54 am to
GOLD
Posted by I Love Bama
Alabama
Member since Nov 2007
37694 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
1568 posts
Posted on 3/30/22 at 11:14 am to
Real estate or commodities
Posted by Sterling Archer
Austin
Member since Aug 2012
7294 posts
Posted on 3/30/22 at 11:14 am to
Vanguard target date retirement fund
Posted by OTIS2
NoLA
Member since Jul 2008
50092 posts
Posted on 3/30/22 at 11:16 am to
Hookers ‘n blow
Posted by el Gaucho
He/They
Member since Dec 2010
52918 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
53439 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
17750 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
2115 posts
Posted on 3/30/22 at 12:39 pm to
Index ETFs
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22238 posts
Posted on 3/30/22 at 12:49 pm to
quote:

10% in Mining farm... should generate around $400 to $500 per day. Or around $12K per month.
Why can't people see this? 12% per month; 144% per year. I know financial advisors who'd sell their kids to the circus for that.
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
4319 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 Upperdecker
St. George, LA
Member since Nov 2014
30545 posts
Posted on 3/30/22 at 1:12 pm to
quote:

Why can't people see this? 12% per month; 144% per year. I know financial advisors who'd sell their kids to the circus for that.

Those numbers are grossly exaggerated
Posted by AirbusDawg
Milton, Ga
Member since Jan 2018
2304 posts
Posted on 3/30/22 at 1:18 pm to
Tesla stock
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 Harambe
Cincinnati Zoo
Member since Aug 2016
277 posts
Posted on 3/30/22 at 1:25 pm to
the 47 foot Freemans are over a Mill. Sorry BAW
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