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Unread 10-03-2008, 10:41 PM
 
4 posts, read 27,833 times
Reputation: 12
Default $1,000,000 to Invest

I am moving down to AShville. I have only $1,000,000 to invest in something that will aford me agood lifestyle. What is it? What do I do in Asheville with 1mil?
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Unread 10-03-2008, 10:55 PM
 
Location: Memphis, TN
174 posts, read 606,576 times
Reputation: 106
That’s an easy one. You clearly need to invest in your education, but first things first: get your GED, take the ACT a few times, and then apply to University of North Carolina.

If you prefer the super easy route: go long DXD until housing prices show signs of stabilization and then immediately switch to oil futures. If you want to diverisify, now is the time to buy UYG.
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Unread 10-04-2008, 09:16 AM
 
1,651 posts, read 1,847,924 times
Reputation: 279
Invest the 1mil in Corporation Futures.
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Unread 10-04-2008, 09:21 AM
 
2,541 posts, read 7,187,928 times
Reputation: 870
buy a farm make food for people

Food will always be needed

oh wait do they make tobacco in NC, if so grow tobacco because it is addictive
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Unread 10-04-2008, 02:51 PM
 
354 posts, read 940,716 times
Reputation: 226
How about municipal bonds? The interest grows tax free.
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Unread 10-04-2008, 09:05 PM
 
3,159 posts, read 5,567,407 times
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How about hookers and blow?
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Unread 10-04-2008, 09:47 PM
 
Location: West, Southwest, East & Northeast
3,446 posts, read 4,319,258 times
Reputation: 841
I would invest it in four separate CDs ($250K each) in four different financial institutions, each with different maturity periods. You certainly won't lose your principle during these trying times, but you won't earn much either.
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Unread 10-05-2008, 01:02 AM
 
792 posts, read 1,235,316 times
Reputation: 370
Quote:
Originally Posted by UKOK View Post
How about hookers and blow?
This is the only option really.
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Unread 10-05-2008, 04:48 AM
 
1,651 posts, read 1,847,924 times
Reputation: 279
Nah to hookers, too much hard work. What you need is a pool of investors - family, friends and relatives. Each of them is gauranteed their money back plus profit packets each year until they withdraw their funds.
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Unread 01-09-2009, 04:31 AM
 
Location: NH
14 posts, read 36,340 times
Reputation: 13
I was thinking more of a business. I am 54 years old.
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