What would you do if you won 30million dollars?
Answers: Have one hell of a party!
Some of that would certainly be spent on looking for some of the birds I have not yet seen.
But truly 30 million is a lot of money, more than 99.9% of people ever see in a life time. The overriding consideration should be to invest it wisely which if properly done should yield an annual income of at least 1 million and more likely closer to 2.5 million which is still considered decent even in this day of inflated incomes.
Let's see first about 7 -8 will go to taxes
then I'll give 3 mil to The church or charity of my choice
and the 20 left would split into 4 parts, each being invested in different ways, and I would live off the interest earned
take care of my family and friends
What are some Million Dollar ideas?
Answers: Two words: Pet Rock.
Try MMORPG's. They are a relatively unexplored market, so you can make a lot of money off of virtual economies.
I'm learning Javascript and HTML.
save 10$ a day for 10,000 days. At which rate you will be a millionaire in 27.6 years.
Just.earn a million dollrs and dont spend too much on food, ancercerries and clothes! I have a million dollars and I am twenty five!
Apple Computer (1984)
Microsoft (1986)
G00GLE (2004)
PS avoid all the get rich hype, the web links to "I made whatever money" and "I make $2000 a month doing nothing."
WHAT EVER!
Im 18 years old and i have $3000 that i want to invest in the stock market what broker do you suggest and why?
Answers: While I think stock is the best investment for someone young with a long time before they need the money, I don't think that $3000 is enough money to be investing directly in stocks. Diversifying a stock investment across at least 10 (preferably 20) companies in different industries is VERY important. If everything is in one or two stocks and those take a big dive, almost the whole investment can be wiped out. With 20 stocks, one going bad won't have nearly as much impact.
To buy 20 stocks without having commissions eat up a huge percentage of the investment, I think at least $50,000 is needed.
There are two ways around this, however. One is to put the money in a mutual fund that tracks a major market index like the S&P 500 or Russell 2000. The fund will contain many different stocks in many industries, so buying one thing (the fund) diversifies the investment sufficiently. Fidelity, Vanguard, American Century, and T. Rowe Price are all fund companies that I think have good funds with low expense ratios.
Another option is to open a brokerage account and put the money into an exchange-traded fund (ETF) that tracks one of the market indexes (e.g. ticker symbols SPY, MDY, or IWM). Again, buying one thing (the ETF) actually buys a small piece of lots of different companies. For this approach, I would use a discount broker like TDAmeritrade, Scottrade, E*Trade, etc.
I would NOT use a "full-service" broker like Edward Jones, AG Edwards, Merrill Lynch, etc. I have a relative that uses one of them. The broker "schmoozes" her with birthday cards, occasional calls to ask how she and the family are doing (and oh by they way does she want to buy or sell anything?), etc. but the commissions she pays are at least 10 times what a discount broker charges (one small transaction was about $120 vs. $9.99 at TDAmeritrade) and the advice she gets hasn't proven to be any better than just buying an index fund or ETF so all she's really paying for is the "schmoozing".
The stock market will be 20% lower by February 1st. Wait a week or so.
.
I'd probably hold off on the stock market just now. Broker fees will eat up a portion of your $3000 and stock losses could potentially be heavy in the next few months. If you're adamant about investing it in the stock market, I'd probably invest it in a high yield money market or CD temporarily until the economy gets a little better and then I'd go for stocks.
go with edward jones they are great, they keep contact with the clients and love their jobs, and are good at it. intel is good to invest with, target, but talk to a broker and then figure it out. check out edwardjones.com
No one knows where the stock market is going. We use AG Edwards. You need to find someone you feel comfortable with, interview a few local investment people.
Stick with mutual funds
Forget the broker...they will make YOU BROKER.
$3,000 isn't much for the stock market, On the other hand it can go a long way in the real estate market.
Businesses come and go,stocks rise and fall,but real estate is always going to be needed. I would go in person to County Clerk and see if the county has repossessed any real estate for non payment of taxes.
It's cheaper than going thru a real estate agent because all the county wants is the money owed.
I don't recommend you to invest in the stock market at all.
Better put your money in Belarusian bank.
You will get a 13% rate of interest with NO RISK AT ALL because all deposits are state insured.
For more details please email me at bestinvest(a)land.ru (with your nickname at runeye.com)
Good luck!