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· @dominion01 ·
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Question asked on Musing.io
<a href="https://musing.io/q/dominion01/you-have-1million-dollars-you-must-invest-today-what-do-you-put-it-into"><b>View this question on Musing.io</b></a>
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vote details (4)
@artgirl ·
Question answered on Musing.io
<a href="https://musing.io/q/dominion01/you-have-1million-dollars-you-must-invest-today-what-do-you-put-it-into">View this answer on Musing.io</a>
properties (22)
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json_metadata"{"app":"musing/1.1","appTags":["invest","money"],"appCategory":"invest","appTitle":"You have 1-million dollars you must invest today, what do you put it into?","appBody":"<p>1 million might not be enough for me at all. Lol. But still it is a big amount of money so &nbsp;&nbsp;I suppose I will out 10% to tithe/donation, invest half of it in VUL or health insurance, the other half will be divided into several things. First would be in 2 crowdfunding investment projects I haven't been able to join yet. And then the others will go to savings and other expenses. Hehe.</p>","appDepth":2,"appParentPermlink":"fkns7bg7w","appParentAuthor":"dominion01","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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@glenalbrethsen · (edited)
$0.87
Question answered on Musing.io
If I had a million dollars, and it had to be invested into something (not just spent), and done so by today, I imagine that might limit what I could do with it, since some transactions might take longer to commit.

However, if the promise of committal was allowed, then I think I would do the following:

(I'm not sure how I would break this down, so, for the sake of this exercise, I won't throw out numbers or percentages, just what I would invest in and why.)

REAL ESTATE

This could include undeveloped commercial or residential land to potentially do something to and then resell, some cheaper vacation properties, farm land, and potentially a home. I would not buy apartments or other types of property for long term rent or lease.

PRECIOUS METALS

I've been interested in purchasing physical gold and silver for a long time now, and using a part of the million dollars would give me an opportunity to do so in a big way. I like the hedge against major economic downturns that gold provides, along with its wide acceptance as something exchangeable for something needful.

STEEM

I would definitely buy more STEEM, maybe enough to make me a true whale here, if an exchange would allow it. since there seems to be limits. I might consider bitcoin or a lesser known one like BAT, but as I'm not that keen on crypto in general, I probably wouldn't put a whole lot into it.

BUSINESS/START UP

I might invest in some sort of business to either run or be a silent partner in. I would not buy stocks in companies, though. I'd rather have a close and personal relationship with a partner or management rather than being one of many investors.

MEDICAL RESEARCH

I'd probably give money to some sort of medical research, particularly dealing with incurable diseases, or ones that are prominent, like the various cancers.

MICRO INVESTMENTS

I might actually look at investing money in people where smaller amounts would actually lift them out of destitution and provide them with education or business opportunities that leads to gainful employment. These would not be gifts, but I don't think I would charge much of any interest.
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json_metadata"{"app":"steemit/0.1","appTags":["invest","money"],"appCategory":"invest","appTitle":"You have 1-million dollars you must invest today, what do you put it into?","appBody":"<p>If I had a million dollars, and it had to be invested into something (not just spent), and done so by today, I imagine that might limit what I could do with it, since some transactions might take longer to commit.</p>\n<p>However, if the promise of committal was allowed, then I think I would do the following:</p>\n<p>(I'm not sure how I would break this down, so, for the sake of this exercise, I won't throw out numbers or percentages, just what I would invest in and why.)</p>\n<p>REAL ESTATE</p>\n<p>This could include undeveloped commercial or residential land to potentially do something to and then resell, some cheaper vacation properties, farm land, and potentially a home. I would not buy apartments or other types of property for long term rent or lease.</p>\n<p>PRECIOUS METALS</p>\n<p>I've been interested in purchasing physical gold and silver for a long time now, and using a part of the million dollars would give me an opportunity to do so in a big way. I like the hedge against major economic downturns that gold provides, along with its wide acceptance as something exchangeable for something needful.</p>\n<p>STEEM</p>\n<p>I would definitely buy more STEEM, maybe enough to make me a true whale here, if an exchange would allow it. since there seems to be limits. I might consider bitcoin or a lesser known one like BAT, but as I'm not that keen on crypto in general, I probably wouldn't put a whole lot into it.</p>\n<p>BUSINESS/START UP</p>\n<p>I might invest in some sort of business to either run or be a silent partner in. I would not buy stocks in companies, though. I'd rather have a close and personal relationship with a partner or management rather than being one of many investors.</p>\n<p>MEDICAL RESEARCH</p>\n<p>I'd probably give money to some sort of medical research, particularly dealing with incurable diseases, or ones that are prominent, like the various cancers.</p>\n<p>MICRO INVESTMENTS</p>\n<p>I might actually look at investing money in people where smaller amounts would actually lift them out of destitution and provide them with education or business opportunities that leads to gainful employment. These would not be gifts, but I don't think I would charge much of any interest.</p>","appDepth":2,"appParentPermlink":"fkns7bg7w","appParentAuthor":"dominion01","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer","tags":["musing-threads"]}"
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vote details (3)
@mealhound ·
Question answered on Musing.io
<a href="https://musing.io/q/dominion01/you-have-1million-dollars-you-must-invest-today-what-do-you-put-it-into">View this answer on Musing.io</a>
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properties (23)
authormealhound
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json_metadata"{"app":"musing/1.1","appTags":["invest","money"],"appCategory":"invest","appTitle":"You have 1-million dollars you must invest today, what do you put it into?","appBody":"<p>I think the smart thing to do as with any investment would be to invest as diversely as you could. That way if something goes wrong with one investment it's not all doom and gloom. I think I'd go for this:</p>\n<p>30 % <strong>Cryptocurrency</strong> - the likelihood is we will see a good return on this if willing to hold and with the patience to wait out the ups and downs but there is no denying this is quite a risky one. I'd wait for the Bull run and at some point when or if I think the markets going Bearish again I'd pull out for a while and tie the money up in one of the options listed below.</p>\n<p>30% <strong>Property Investment - </strong>A couple of properties to let in popular areas where 300000 wold go far. The value of property will almost go up year on year so every so often I'd sell them off for the profit, take the profits the reinvest in more property.</p>\n<p>30% <strong>Gold -</strong>You really cant go wrong with gold, it's seen a year on year return on investment almost without exception and its still used as security on so many other things that i ca see a time in the foreseeable future where it wont be in high demand.</p>\n<p>5% <strong>Arbitrage trading </strong>- Pretty risky this one but if you have a good trader you should be OK.&nbsp;</p>\n<p>5% <strong>Instant Access Savings Account -</strong> not to make money but if I'm getting a million buck it would be good to have day to day access to some money.</p>","appDepth":2,"appParentPermlink":"fkns7bg7w","appParentAuthor":"dominion01","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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vote details (2)
@muhammad-wali ·
Question answered on Musing.io
<a href="https://musing.io/q/dominion01/you-have-1million-dollars-you-must-invest-today-what-do-you-put-it-into">View this answer on Musing.io</a>
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properties (23)
authormuhammad-wali
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json_metadata"{"app":"musing/1.1","appTags":["invest","money"],"appCategory":"invest","appTitle":"You have 1-million dollars you must invest today, what do you put it into?","appBody":"<p>If I have 1 million dollars in money and I have to invest the money, then what investment will I choose. If I really have that kind of money, then I will invest all that money I have to invest in cryptocurrency. There are many ways of investing that you can choose if you want to invest with cryptocurrency, among them is to standardize all your assets in some cryptocurrency exchanger that you can trust to keep all the assets you have later.</p><p>And another way I invest using cryptocurrency is to mine all the cryptocurrency assets that I have in some cryptocurrency mining companies that we can trust. If you invest in cryptocurrency in accordance with what I recommend, I am sure that your previous money is only one million dollars will be many times if you invest using cryptocurrency. I will do both ways if I have one million dollars, so that I can make money before only 1 million dollars to 10 or even 100 million dollars later if I invest using cryptocurrency.</p><p>At present, there are many types of cryptocurrency that you can choose to become assets that you will invest in later including bitcoin, which is the most used asset for investors to make their investments using cryptocurrency. And even now you are not only able to invest in trading and mining with cryptocurrency, you can also invest by buying a newly launched cryptocurrency or commonly called ICO. You can buy ico when it is newly launched because the price is still very cheap, and you can sell the ico coin when the price of the coin goes up later. That way, you can earn income many times later.</p>","appDepth":2,"appParentPermlink":"fkns7bg7w","appParentAuthor":"dominion01","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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vote details (2)