What are some assets worth over 10 million whose value at least stays the same if not appreciates over time and don't need any maintenance? Private jets, yachts, mansions, etc. all need a lot in maintenance.
What are some assets worth over 10 million whose value at least stays the same if not appreciates over time and don't...
paintings, art in general
Too easy to destroy. Might spill coffee over them.
a savings account with 10 million dollars in it
10 million worth of bitcoin
>Whose value stays the same over time
Water of course
Undeveloped property?
Sorry , this would depreciate due to inflation.
High interest savings account***
We'll, there's this little place called the stock market where you can buy companies that are managed by someone else.
Treasury Bonds.
if you don't already own these. you most likely dont' have 10 million dollars in the first place.
Just diversify your investments.
but thats wrong
The funny thing about this is that 10% in bonds is actually a fairly standard value.
for a young person maybe.
war bonds are different anyways.
bump
>mansion
>doesn't need any maintenance
Pick one.
You do know that heirs literally sell off family mansions because of maintenance costs, right? A house is a never-ending money pit...sometimes the land underneath is profitable.
you have the reading ability of a brain-damaged toddler
Lol. Only grannies bought bonds.
Pic related; it's a calculator showing the stock market returns from 1977 to 2007. Much better than your puss-ass 7 and 5/8% .
first of all.
that wasn't op's question.
second of all
you buy bonds on credit. when the return is greater than the prime rate.
lastly .
u are a foolish indexer and thus have no greater flexibility in portfolio management.
google options futures , leverage and active management strategy to get yourself started
work some sims up to 1 trillon bucks like i have . then u can come back and talk 2 me.