manage half a million dollars for me.

[AAP]

Ok here is the dealio. Having a discuss here with co-workers, trying to determine the most EFFECIENT (read : long term) way to manage 500K.

The scenario :

25 year old inherients $500K from a life insurance policy.

He leases his car and lives in an apartment.

How would you go about investing/managing his money for a long term period? None of this stock investment and selling shit either because that is an unknown factor you can't predict.

Take into consideration all taxes he may have to pay on the money, the interest it may earn if stuck in the bank and taxes on any real estate he may purchase.

Go. K to all who actually answer with a decent opinion. None of this "invest in a porn studio" shit.

 

[hamstershaver]

poker

 

[Ish]

Move to Mexico, it'll last longer there.

 

[Deterass]

Its hard to lose anything in real estate.

 

[slat1]

If it was a million dollars I could hook you up with someone that trades for a hedge fund. His minimum audited return was 14%... that was in a down market.
Its how the rich get richer!

 

[patsfan1379]

index funds at the S&P have averaged about 10% return a year. It is the only Mutual Fund that I trust and isn't a scam.

 

[slat1]

index funds at the S&P have averaged about 10% return a year. It is the only Mutual Fund that I trust and isn't a scam.

Smart man. Index funds are quite successful. Emerging markets are volitile but that is where the money is to be made. You can use arbitrage trading to your advantage too.

 

[Raina]

I'd buy A LOT of jelly beans. I jelly beans.

 

[patsfan1379]

The safest and most guaranteed money maker in the long term is the Vangard 500 Indexd fund of the S&P 500. In the last 10 years the average return was about 10%... Granted there might be a -3% one year but over 10 years it is 10% up. You can't get any better than that with almost absolutely no risk.

 

[Becoming]

Move to Mexico, it'll last longer there.

this is what I would probably do.