re: Best way to invest with 10 million for someone

Bookmarked for when SLI finally pays off and moons it.

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Marrying into it.

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Not financial advice, but marital advice. Hire a professional wealth advisor to manage this money. Don’t be the one that squanders the family fortune. Swing it around the country club and your social circle like a big dick if vanity is your thing, but otherwise stay out of it, live within the means of whatever you and your wife earn, enjoy life without the stress of can we pay our bills, and pass the baton of this wealth onto the next generation.

You never know when someone in your family will need serious support.

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But for now the top rate for <$650K would be 32%.

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Where are you getting that?

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Bond interest is taxed at income rates, and would run ~27%.

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And this?

Put $9M in a Fidelity Money Market fund (and equivalents spread across financial institutions) currently earning about 5%. Put $1M in Bitcoin, preferably in a cold wallet that you maintain. If you feel uncomfortable with that open a Fidelity Crypto account.

You can live off $450K in annual interest right out of the gate. Be sure to pay quarterly taxes to account for this income.

Bitcoin is currently at $35K. Every time it triples going forward, sell 1/3rd of it. So when your $1M in BTC reaches $3M, sell 1/3rd and put another million in your money market fund (minus taxes), and let the remaining $2M in BTC triple again. When your $2M in BTC reaches $6M, sell $2M to cash to put in your Money Market funds and let $4M in BTC ride. Rinse, wash, repeat. Your money market accounts, annual interest and Bitcoin value will all grow over time.

Be sure to contact the IRS every time you plan to sell massive dollar amounts of BTC to arrange to make a one time tax payment via the Electronic Federal Tax Payment System. You must enroll to use this system. You can pay online or by phone. Check with your state's Department of Revenue to see if they have a similar system/process. Worst case would be you owe a 10% penalty on capital gains if you overlook this.

Once Spot BTC ETFs are available, convert some of your BTC over to a BTC Spot ETF in an IRA (up to the maximum allowable contribution limits based on your situation) and pay the taxes to backend convert it to Roth.

This plan allows you to sleep at night with guaranteed insured interest payments (that will increase over time), plus gives you good exposure to Bitcoin (and Spot BTC ETFs in the future) which protects against inflation, de-dollarization and collapse of the US dollar.

Ignore the stock market. Ignore Bitcoin volatility and wild price swings and just enjoy life living off of interest payments and follow this plan. Don't be frugal and make sure you travel and buy everything you want sooner rather than later within the limitation of your annual interest payments.