[dfwgator]

If I made that kind of money, I’d buy up as many rental properties as I possibly could, and hire somebody to manage them.

[Red Badger]

I’d manage them myself!.......Like, what else you gonna do?...........

[PAR35]

If I made that kind of money, I’d buy up as many rental properties as I possibly could, and hire somebody to manage them.

Probably real good advice 10 years ago. Maybe not so good now.

Google apartment glut; and for houses, you'd be competing with the international bankers in New York, and the bubble starting to pop in certain overpriced markets. Top that up with eviction moratoriums, and housing doesn't look so great these days.

As for commercial, I'd wait and see if the companies can make forced returns to the office stick before I'd head that direction.

[Lonesome in Massachussets]

That’s investment, carries risk, and involves work and worry. He was a saver. Both are good practices. He was beyond frugal, he was cheap, but a lot of people who did not have much growing up are frugal. Some go the other way, have no idea of how to manage money. Ben Coates had six children with five women in his first year in the NFL. (Took care of his spending habits, I am sure.) He was shocked! Shocked I tell you! To learn how little he made as a high school football coach after his playing days were over.

[Karma_Sherab]

I’d buy up as many rental properties as I possibly could, and hire somebody to manage them.

Clark Howard advises that if you decide to become a landlord, you need to purchase a storage unit and put a bunch of toilets in there, because that is the first thing angry tenants break.

[Zuriel]

Buy non-irrigated top grade black soil farmland.

[PGR88]

$50 million in riskless US treasuries would pay you $3 million a year.