I just inherited $2 million, no idea how to invest it and or make a passive income. What would you do?
I just inherited $2 million, no idea how to invest it and or make a passive income. What would you do?
All in Chainlink
Buy a BIG House in the country -$500,000
Buy a Penthouse flat in a major European capital -$500,000
Throw the rest into Gold and Shitcoins
go to the bank and get it all in pennies then fill up a vault and go swimming
post it on youtube for ad revenue
Give me 100k?
This is obviously fucking basic and normie shit but the least risky with most reward is to put 1mill of that in an S&P 500 Index Fund and earn on average 10% per year. 100k per year with 100x less risk than crypto.
I wouldn't rush into anything right now, just see whatever interest the bank will give you on a savings account and give it 12 months to see how this pandemic shit pans out, if shit is going to hit the fan it will happen before the end of next year
First of all buy few ledgers and put on each of them 1BTC, 32 eth and 10000xrp.
Buy some index funds or tesla, apple and amazon stocks. Do not keep it in dollars
put 75% into btc and buy a house whatever is left over spend on hookers and coke
How much more secure is the S&P500 compared to real estate?
a penthouse flat in London or Paris would cost 5-50 mil
Just put the entire thing into bitcoin
75% on hookers and coke and waste the rest on BTC
checked, also isnt that the gay dude who raped the guy who broke into his house?
just buy multiple properties then live off rent.
hang on, i recognize that gay sex predator
>Penthouse flat in a major European capital >$500,000
how old are you
early 20's
1.put atleast $1.25mil in real estate you can rent out, do not listen to Zig Forums retards real estate is the best investment you can make and is very safe long term. You'll probably be set for life just after collecting rent each month on $1,25mil worth of properties so you'll never have to work a day in your life.
2.~250k into stocks, for this amount you can do some research on hedge funds and choose the best performing one according to your risk tolerance
3.you're left with $500k you can do whatever you wish with, you could choose to gamble up to $100k on crypto and use the $300k to set yourself up with a home and a car if you dont have one. Even then you're still left with 100k so you're free to do whatever.
All in bitcoin.
Send a million worth of bitcoin to Blockfi earn $30000 in USD per year at this price. When bitcoin hits a million sometime in the next decade you will be earning millions in interest every year.
Thank me later kiddo and welcome to the global elite.
I'd invest in art and collectables
Live modestly so as not to arouse suspicion. Buy a normal 250k house. Put at least 1mil in S&P500 index funds like SPY. Dividends alone will get you about 20k/yr, but just keep letting the stock value grow, don't sell anything. Try starting a business or something profitable, maybe go to school for something that actually makes fucking money. Invest the remainder, as listed above. Of course you can enjoy it a little, but do not blow it all on coke or something. Limit yourself to like 10k of fun spending money. Take a trip to japan for a week or whatever the fuck.
QYLD pays 10% dividend per year, enjoy living on 200k per year for the rest of your life, you made it, fren
>inherits 2 mil
>asks Zig Forums for advice
ngmi
I like that. Easy, and as close to a sure thing as there exists, in regards to securities.
BUMMED FOR BURGLING
>Buy a Penthouse flat in a major European capital -$500,000
Spaniard here, that's the price of my duplex flat and I'm not even in Madrid or Barcelona
Buy some property/land. It is the best investment. Somebody above S&P Index Funds (other ETFs also apply).
REAL ESTATE IN LONDON
diversify into business real estate in Romania/Balkans
are u 12
invest it all in penny stocks.
This guy has it right. Live like you are poor, but start your own business.
Fucking kek. 500k even in pounds gets you a one bedroom shitbox in a capital.