[euro2low]

if you had 1,000,000$ to invest into something, a business opportunity, what would you start?

[GAM3OVR85]

I would Buy cars

[penny31]

Originally Posted by MTL Bimmer

I would Buy cars

+1

[Brunotheboxer]

Originally Posted by euro2low

if you had 1,000,000$ to invest into something, a business opportunity, what would you start?

a casino.

[gonzo]

A trip to Scotchland...hicup....yup.......hicup.

[335i4u2nv]

umm id probably invest into realstate market. Since its a buyers market might as well buy some houses or apt buildings and either rent them or flip them. And of course i'd waste some of it and pay off bills.

[O-cha]

In a good financial manager, you don't really think you have enough knowledge to invest a million dollars on your own do you? Put it in th stock market and watch it grow, ignore all the doomsday people, markets growing fine.

[Neurorad]

Mutual fund, for retirement.

[AndrewAZ]

Both the mutual fund and real estate are great ideas. Right now is the time to buy and hold for a few years until peoples emotions cool down and the market goes back to historical averages.

[fobunited]

Mutual funds are a bad idea for an investor with 1mm + because of loaded capitol gains taxes built into the mutual fund structure.

For 1mm +, I'd recommend SMAs, which is what I'm in.

[AndrewAZ]

Originally Posted by fobunited

Mutual funds are a bad idea for an investor with 1mm + because of loaded capitol gains taxes built into the mutual fund structure.

For 1mm +, I'd recommend SMAs, which is what I'm in.

You cant avoid taxes no matter what you do.. And as long as you hold it for a long time you will get long term capital gains tax which is lower than short term.

You can do some reading about SMA's they are not worth it at all.

http://business.mainetoday.com/finan...e/2006_09.html

[335i4u2nv]

wow if i ever win the lotto or inhert money im talkin to AndrewAZ! lol

[fobunited]

And Mutual Funds are? Here are the advantages SMAs have over Mutual Funds: You actually OWN the underlying stocks and therefor your cost basis on the stock is what you bought in at.

With a Mutual Fund, you DON'T own the underlying stock, and guess what? Your cost basis ON those stocks are what the Mutual Fund paid for those stocks!

Here is a good example. Take Fidelity's New Insights fund for example. It's a mutual fund that started in 2003. They bought Berkshire for roughly 60 and Google for roughly 240. Now Berkshire and Google has seen significant gains. If you bought into the fund when it opened in 2003, you participated in those gains.

However, if you buy into the fund NOW, you wouldn't participate on those gain, only future gains. But guess what? You still have to pay capitol gains tax ON those gains that you never participated in!

Considering an individual with net investible assets of 1mm+, they most likely have a net worth much higher than that, and are probably in a pretty high tax bracket.

THAT is why SMAs will be a much better option than Mutual Funds for a 1mm+ investor because of its HUGE tax advantages.

[18LLC]

women
$1 mil is really not a lot...

[fobunited]

1mm isn't alot in regards to total net assets, but in regards to net investible assets, it's pretty high compared to 99.9% of investors.

[ejazbmw]

Originally Posted by MTL Bimmer

I would Buy cars

thats actually the opposite of an investment.......

[phatr1s]

annuity secure bonds and watch 3.5% annual interest.

[mpimping]

I would buy foreclosures or start a carding counting team

[O-cha]

Originally Posted by phatr1s

annuity secure bonds and watch 3.5% annual interest.

[fobunited]

Originally Posted by phatr1s

annuity secure bonds and watch 3.5% annual interest.

Good luck beating inflation

[O-cha]

Originally Posted by fobunited

Good luck beating inflation

And a savings account

[SteveMD]

China!