If you were given 1 million from inheritance would you just put it all in ETF's/ Index Funds ?
If you were given 1 million from inheritance would you just put it all in ETF's/ Index Funds ?
Nicholas Edwards
Angel Hernandez
No.
Asher Johnson
No
Kayden Sanders
i'd buy trumps
Owen Myers
i don't understand the reference
what would you do then
Evan Perry
I would do that with 50% of it, yeah. Then 30% on riskier investments and 20% to spend.
Blake Jackson
Nope, I'd put 600K in stocks and keep the rest in cash/bonds. 60/40 split FTW
Carter Phillips
I'd buy a car wash for 700k in scottsdale and buy a used 911 turbo (45k) and a 2014 lexus isf and a 50k used cigarette boat
Brody White
max out my TFSA and RRSP contribution limits and invest that money in individual stocks that are undervalued
put any remaining cash up to $500k in a margin account and do the same thing
buy a house outside a major city (hour or so drive) on a nice property that could use some modernizing
modernize it with renovations
buy a slightly used car in good shape
buy a new wardrobe
put the rest in savings
continue to make profits in crypto and live off the realized gains
Nathan Cook
Honestly, I'd probably buy a physical fucking bond or preferred stock from a A-rated (credit rating) company. Not with all of the money of course, and of course diversifying my bonds across companies.