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QUESTION - If you had a million dollars
bear_slayer

Posted on 10/29/2007 10:15:25 PM PDT by Bear_Slayer

If you had a million dollars to invest, where would you invest it and why there?

What would be the safest investment with the most interest and still be able to get at it relatively quick with little or no fees or fines?


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To: Bear_Slayer

Money like that you don’t want to give to no bank, banks are always gettin’ knocked off anyway so you let ole’ Bobby hold it for you, nobody knocks off ole’ Bobby.


21 posted on 10/29/2007 10:33:04 PM PDT by word_warrior_bob (You can now see my amazing doggie and new puppy on my homepage!! Come say hello to Jake & Sonny)
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To: Bear_Slayer

1/2 million in physical gold and silver. The other half in gold/silver stocks.


22 posted on 10/29/2007 10:33:12 PM PDT by jwh_Denver (No I ain't got no damn milk, so quit asking me.)
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To: Bear_Slayer
Better yet, invest in Cattle Futures like Hillary Clinton, her $1000 turned into $100,000 in one week, by only reading the WSJ!

Using Hillary’s sharp investment plan that $1,000,000 would become $100,000,000 in less than a week... He’ll in less than a year we could payoff the National Debt, Have free health care, Free Money for All, Baby bonds can be passed around like all my families $$$ in Nigeria.... I never knew how good things could be... Thanks for the idea!

23 posted on 10/29/2007 10:34:46 PM PDT by tempe (Dick Lugar, Indiana's homegrown traitor!)
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To: Bear_Slayer

Then again, there’s always CD’s for convenience. Invest up to the FDIC limit ($100,000) in 10 different banks. The real problem here is that most of the banks offering the highest rates are mortgage lenders on the verge of being shut down by regulators. Indymac, Countrywide, et al, are some of the names that pop up. And CD’s include penalties for early withdrawals, so getting all of your money at once could be a financially painful experience.


24 posted on 10/29/2007 10:35:49 PM PDT by Zhang Fei
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To: Bear_Slayer

To God.


25 posted on 10/29/2007 10:38:28 PM PDT by afnamvet (Duncan Hunter: The consummate conservative. Duncan in '08!)
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To: Bear_Slayer

On a more serious side, since I’m most worried about running out of money in retirement, I’d probably buy a fixed annuity from Vanguard or Fidelity, or someone like that. That’d give you a pretty nice guaranteed monthly income for life, no matter how long you lived.


26 posted on 10/29/2007 10:38:39 PM PDT by LibWhacker (Democrats are phony Americans)
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To: jwh_Denver

Get it outta USA and into Canada. I hear the US dollar devaluation will continue; 20% within a year to the Canuck dollar.


27 posted on 10/29/2007 10:39:03 PM PDT by Eska
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To: Bear_Slayer

I would give it to doug from upland so we could have another Hillary video


28 posted on 10/29/2007 10:41:12 PM PDT by april15Bendovr
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To: Bear_Slayer
I’d help Princess Noi Pai Youtreeff move her father’s 10 Billion dollars from Nigeria to the US. She’s an orphan since her parents were killed in a horrific auto crash.
29 posted on 10/29/2007 10:42:15 PM PDT by OSHA (Liberals will lick the boot on their necks if they think the other boot is on yours and mine.)
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To: Zhang Fei

There are plenty of banks that are not going to be closed down, so CD’s are the answer, have them split up, $100,000 in each one, with a different due date. You could have them guaranteed by the FDIC, one come due each month, so you would have access to them if need be, collect, let’s say $ 50,000 per year interest. I just renewed one for 5.7% at a very stable bank, Wells Fargo...


30 posted on 10/29/2007 10:42:49 PM PDT by BooBoo1000 (Some times I wake up grumpy, other times I let her sleep/)
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To: jwh_Denver

A man after my own heart :-)


31 posted on 10/29/2007 10:45:32 PM PDT by Axenolith (Subduction leads to Orogeny...)
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To: Bear_Slayer

I'd invest in election photo buttons with the caption, "The Chinese admit to WHAT?"

32 posted on 10/29/2007 10:46:41 PM PDT by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Bear_Slayer

10% to charity.
Buy a home, with land (no neighbors)
Expand my business (I love my work)!
Purchase a new car, SUV of course.
Invest in the market.
Whatever is left over would be for fun, fun, fun :)


33 posted on 10/29/2007 10:47:15 PM PDT by MaggieM
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To: Aria

Good start. That would buy you one house to one and a half houses here on Maui.


34 posted on 10/29/2007 10:48:46 PM PDT by fish hawk (The religion of Darwinism = Monkey Intellect)
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To: Zhang Fei
Treasury bills. Can’t beat them for liquidity and safety.

Amen, bro. I have in the past done customer service work for a brokerage firm, and found that the clients with the largest portfolios -- into the double-digit millions of dollars -- aren't active traders. Their holdings are low-yield and "boring" (T-bills, Muni bonds, CDs, etc.) but their dough kept on rolling like the Mighty Mississippi.

OTOH, the day traders I dealt with that made dozens of trades per day, hundreds per month, and thousands per year usually lost as much as they gained and typically had a net worth of less than $500,000.

Now, if someone would just give me that first million so I can prove my point...

35 posted on 10/29/2007 10:49:57 PM PDT by L.N. Smithee (From Slick Willie to Slick Hill'y in Eight Years?!)
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To: Axenolith

As soon as I saw your name I knew you were in agreement. Just didn’t know how you’d put it in writing. LOL!


36 posted on 10/29/2007 10:55:42 PM PDT by jwh_Denver (No I ain't got no damn milk, so quit asking me.)
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To: Bear_Slayer

Silver and gold coins. No paper. no stock. Get out of debt, and endow a church building for our new little parish.


37 posted on 10/29/2007 10:59:06 PM PDT by redhead (Victory first; then peace)
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To: Bear_Slayer

I am about 65% in real estate (7 locations in two states, vacant land and rentals), 24% in cash, 11% in stocks (mostly mutual funds, domestic and international).

I might put more of the cash to work, but since I’m approaching retirement, it will have to be something I have confidence will make a good return (above 6%) with what I consider “acceptable” risk. That’s where analysis plus gut feeling comes in, both of which have served me well.


38 posted on 10/29/2007 11:03:27 PM PDT by SaxxonWoods (...."We're the govt, and we're here to hurt."....)
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To: Eska

Gold and silver will be priced according to the value of the country’s currency no matter what country that is. The Canadian gold price will be lower in the Loonie and higher in the USD. It should be relatively equal but I’ll be quick to change my mind on that with more information.

The US dollar is going to hell in the long run.

US Dollar chart: http://tinyurl.com/2fzn6h


39 posted on 10/29/2007 11:04:14 PM PDT by jwh_Denver (No I ain't got no damn milk, so quit asking me.)
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To: Bear_Slayer

I would buy a truckload of rich farmland dirt and bury it in my backyard.


40 posted on 10/29/2007 11:05:52 PM PDT by durasell (!)
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