# If you had $1,000,000.00 to invest…
**URL:** https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737
**Category:** In My Humble Opinion
**Created:** [August 29, 2021, 6:50pm UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737 "2021-08-29T18:50:30Z")
**Posts on this page:** 20
**Page:** 2
### Author:  [@sitchensis](https://boards.straightdope.com/u/sitchensis)
#### Post date: [August 30, 2021, 3:00am UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737/21 "2021-08-30T03:00:11Z")
I’d invest in a house, in a country that will give my family citizenship in exchange for investing in a house.
I feel the class break of the future will be the ability to get the hell out of Dodge.
---
### Author:  [@susan](https://boards.straightdope.com/u/susan)
#### Post date: [August 30, 2021, 3:42am UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737/22 "2021-08-30T03:42:37Z")
This is what I’d do as well, with the remainder to health charities.
---
### Author:  [@FastDan1](https://boards.straightdope.com/u/FastDan1)
#### Post date: [August 30, 2021, 3:47am UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737/23 "2021-08-30T03:47:33Z")
Haven’t you always wanted a monkey?
---
### Author:  [@GuanoLad](https://boards.straightdope.com/u/GuanoLad)
#### Post date: [August 30, 2021, 6:03am UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737/24 "2021-08-30T06:03:35Z")
I’d like to support creative people. 1m won’t get far, but a couple thou here and there can make a big difference. So I’d go on Kickstarter type sites and regularly find projects that I feel deserve a boost and donate anonymously.
---
### Author:  [@Broomstick](https://boards.straightdope.com/u/Broomstick)
#### Post date: [August 30, 2021, 8:40am UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737/25 "2021-08-30T08:40:02Z")
I’d put some of the money into housing and the rest into a mutual or index fund.
---
### Author:  [@I\_Love\_Me\_Vol.I](https://boards.straightdope.com/u/I_Love_Me_Vol.I)
#### Post date: [August 30, 2021, 9:58am UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737/26 "2021-08-30T09:58:31Z")
> [@Icarus](#):
>
> Vegas - put it all on Red.
That’s crazy. Seriously… I am NOT kidding. Just think about this a tiny little bit. Please!
Black is so obviously a better choice it’s not even close! Even the Zeros—which are long odds and never as good as Black—are better than Red! NEVER bet on Red. Almost ALWAYS bet on Black (except when Zeros is due).
---
### Author:  [@Bullitt](https://boards.straightdope.com/u/Bullitt)
#### Post date: [August 30, 2021, 1:03pm UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737/27 "2021-08-30T13:03:34Z")
Bonds? Never. I am 60.
I’m staying in growth index funds to track the S&P 500, for long term investing. Even when I’m 80, God willing I live that long, my money will be in growth — with only one caveat, that I’ve withdrawn 3 years’ living expenses in cash. It’s a rolling 3 years.
---
### Author:  [@What\_Exit](https://boards.straightdope.com/u/What_Exit)
#### Post date: [August 30, 2021, 1:09pm UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737/28 "2021-08-30T13:09:22Z")
Real Estate is a fairly poor investment these days and has been since 2008. Currently Real Estate is over-valued. The return is not going to be very good.
You need a place to live, buy, but don’t treat Real Estate as an investment anymore unless you really know what you’re doing and preferably are able to build/flip homes.
---
### Author:  [@Bullitt](https://boards.straightdope.com/u/Bullitt)
#### Post date: [August 30, 2021, 1:21pm UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737/29 "2021-08-30T13:21:55Z")
It depends. As the saying goes, location, location, location.
The SFBA CA is a good investment for real estate.
---
### Author:  [@Jackmannii](https://boards.straightdope.com/u/Jackmannii)
#### Post date: [August 30, 2021, 2:06pm UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737/30 "2021-08-30T14:06:55Z")
“Behold, the fool saith, “Put not all thine eggs in the one basket” - which is but a matter of saying, “Scatter your money and your attention”; but the wise man saith, “Put all your eggs in the one basket and - WATCH THAT BASKET.”
- Pudd’nhead Wilson’s Calendar
---
### Author:  [@asahi](https://boards.straightdope.com/u/asahi)
#### Post date: [August 30, 2021, 5:11pm UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737/31 "2021-08-30T17:11:40Z")
It depends on what you call an investment. If you’re buying a property because you think it’s perceived value is going to increase X% in the next 2-5 years, yes, agreed - risky. And as you seem to suggest now, 2021 is a particularly bad time to be buying when you’re competing with land grabbers.
I am not an investor or finance guy, but the way I see it, since most of us are not hedge fund managers, I think most people should be focusing on long-term investment strategies that build wealth slowly over time, and access to liquidity. Real estate can check both of those boxes - provided you do your homework of course.
---
### Author:  [@asahi](https://boards.straightdope.com/u/asahi)
#### Post date: [August 30, 2021, 5:14pm UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737/32 "2021-08-30T17:14:19Z")
That might be changing. And not because I buy into the idea that everyone’s leaving the Bay Area for Texas, lol. I think environmental concerns are going to really start having an adverse impact on California’s economy.
---
### Author:  [@Voyager](https://boards.straightdope.com/u/Voyager)
#### Post date: [August 30, 2021, 7:02pm UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737/33 "2021-08-30T19:02:16Z")
> [@Exapno\_Mapcase](#):
>
> OK, $50,000 may be too small, but not extremely so. [Merrill Lynch](https://smartasset.com/financial-advisor/merrill-lynch-financial-advisors-review), e.g., to pick a name off the internet, doesn’t have a minimum except for some accounts, but you probably won’t get a personal financial advisor with less than $250,000. Still, while a million is nice, I don’t think they could do much different for you than the standard diversified portfolio.
>
> I pretty much agree with you on the rest.
My father’s trust money, which was less than $250K, and my money, more, are both invested with ML. There was a world of difference in service. It took over a year to get my father’s account closed out when it had literally two pennies in it.
I’m not sure if I get anything special for having over a million in my account, but I do get personalized advice that matches the level of risk I’m comfortable with. And choices with large minimum deposits are easier to make if you have more money so they don’t represent a big chunk of your portfolio.
But in general I think we can all agree that more money is better.
---
### Author:  [@Voyager](https://boards.straightdope.com/u/Voyager)
#### Post date: [August 30, 2021, 7:08pm UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737/34 "2021-08-30T19:08:57Z")
> [@Bullitt](#):
>
> It depends. As the saying goes, location, location, location.
>
> The SFBA CA is a good investment for real estate.
I live there, and I’ve made a bundle on my house, but I wouldn’t buy now. We’re definitely back in bubble territory with frantic bidding up prices and DOMs typically under a week. And these are not bargain houses, often over $1.5 million. If the value of my house fell by $300K or so it might get back to crazy but not insane terrtory.
---
### Author:  [@Mallard](https://boards.straightdope.com/u/Mallard)
#### Post date: [August 30, 2021, 7:15pm UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737/35 "2021-08-30T19:15:28Z")
If I had a million dollars I’d get as many bare naked ladies as possible. 🤫
---
### Author:  [@Robot\_Arm](https://boards.straightdope.com/u/Robot_Arm)
#### Post date: [August 30, 2021, 8:20pm UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737/36 "2021-08-30T20:20:36Z")
> [@](#):
>
> If you had $1,000,000.00 to invest…
What do you mean “if”?
---
### Author:  [@epbrown](https://boards.straightdope.com/u/epbrown)
#### Post date: [August 30, 2021, 11:14pm UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737/37 "2021-08-30T23:14:06Z")
Pretty much what I’m doing already - a third in large cap tech: AAPL, AMD, GOOGL, SQ, PYPL, ASML, NVDA, AMZN, specifically. I switch some out occasionally, but these have been good to me in recent years.
A third in 25 dividend stocks like 3M, Disney, IBM, Verizon, Coke, Pepsi McDonalds, Yum, BMO, various REITs and utilities, etc.
A third in a collection of index funds (SP500, Total Market, World Market).
---
### Author:  [@Orwell](https://boards.straightdope.com/u/Orwell)
#### Post date: [August 31, 2021, 1:41am UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737/38 "2021-08-31T01:41:51Z")
Hahaha.
---
### Author:  [@Orwell](https://boards.straightdope.com/u/Orwell)
#### Post date: [August 31, 2021, 1:46am UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737/39 "2021-08-31T01:46:32Z")
> [@GWF\_Hefel](#):
>
> give
Hahaha.
Haha.
Jeezuz, grow up.
---
### Author:  [@Aspenglow](https://boards.straightdope.com/u/Aspenglow)
#### Post date: [August 31, 2021, 1:59am UTC](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737/40 "2021-08-31T01:59:10Z")
Moderating:
> [@Orwell](#):
>
> Hahaha.
> [@Orwell](#):
>
> Hahaha.
>
> Haha.
>
> Jeezuz, grow up.
This is threadshitting. Knock it off now. Another instance of this will result in a formal Warning.
[Previous page](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737.md?page=1)
[Next page](https://boards.straightdope.com/t/if-you-had-1-000-000-00-to-invest/949737.md?page=3)