investing

[07335-06325]

I need some serious help here, i dont need anyone to come on here and talk shit. I inherited alot of money, and i was wondering if someone on here had any advise on how to invest it. I am open to all suggestions. Thanks,
Rick

[1q2w3e4r]

Your joking right?

Speak with a financial advisor or a capable professional. You don't seek advice across the internet from people you've never met.

[BMW F22]

Originally Posted by 1q2w3e4r

Your joking right?

Speak with a financial advisor or a capable professional. You don't seek advice across the internet from people you've never met.

+1
CharlesSchwab

[Whispre]

financial advisor, don't take advice from people on a forum, talk to a proffessional.

[Chris.G]

Take my advice and go to the nearest CASINO to you

[findtom]

Originally Posted by 1q2w3e4r

Your joking right?

Speak with a financial advisor or a capable professional. You don't seek advice across the internet from people you've never met.

No offense, but you sound like my mother.

[1q2w3e4r]

Originally Posted by findtom

No offense, but you sound like my mother.

That's alright, perhaps you should listen to her.

[Dmitriy@AUTOcouture]

Originally Posted by 07335-06325

I need some serious help here, i dont need anyone to come on here and talk shit. I inherited alot of money, and i was wondering if someone on here had any advise on how to invest it. I am open to all suggestions. Thanks,
Rick

1. Upgrade from a e90 to a Ferrari or something highend
2. Donate the remainder to me.

Seriously though, buy some real estate I don't think God is making more of it.


-Dmitriy

[findtom]

Originally Posted by 1q2w3e4r

That's alright, perhaps you should listen to her.

Maybe.

Nothing wrong with asking for some preliminary advice though.... this isn't a pokemon board. I'm sure there are some people with some informed opinions here.

[Viral]

you inherited " a lot" of money and come to E90 post for advice???

[Iguy]

Throw it all into "Ford"..............sorry uncalled for !

[Nikki]

+1 on speaking to a financial advisor

[07335-06325]

Well, i guess coming here asking for a little advice was an accident. I asked for no bullshit reponses. Is that so hard? Is there anyone on here that can tell me what a good way to invest is? A good way to make money from money without losing alot?

[teknochild]

Originally Posted by 07335-06325

Well, i guess coming here asking for a little advice was an accident. I asked for no bullshit reponses. Is that so hard? Is there anyone on here that can tell me what a good way to invest is? A good way to make money from money without losing alot?

they all told you what you should do, which is talk to a finacial advisor, thats how your probably going to get the most money, i was in the same boat a whole ago and mines getting about 12% yearly right now, but thats on a huge chunk of money, how much did you inherit? 10ks 100ks or mils



edit: nm this your from germany i dont know about your taxes
[and someone mentioned real estate, if you know what your doing you can make even more there, and one of the best investments you can make also as to put a lot of money in a house for yourself to live in, you can get a lot of tax breaks from selling a house youve been living in ]

[DLJJ3399]

This all really depends on how old you are, and if your inheritance is enough to retire on right now, or you want to put the money away for future retirement.

Most of all take your time and don’t make any rash decisions! Quote: “A fool and his money are soon departed.”

Ask your friends or a companion at work who is doing well with their investments to speak to one of their financial advisors for advise. You will need someone you can trust.

Take some of your inheritance and invest in stocks, mutual funds or bonds. The NYSE and Nasdaq are doing very well right now. You can also invest online with one of the brokerage firms. But please do your research first and educate yourself and don’t put all of your money in one investment. Diversify!

After you’ve made some sound decisions, invest in real estate, such as a home for yourself and possibly some type of rental property. If and when you buy, try to buy the least expensive house or apartment in a nice area. For rental property, try to buy in a moderate area that’s not overvalued, but is coming up in value. “Location, location, location.”

I hope this helps. Good luck with your newfound fortune.

[Poderes1]

Originally Posted by 07335-06325

Well, i guess coming here asking for a little advice was an accident. I asked for no bullshit reponses. Is that so hard? Is there anyone on here that can tell me what a good way to invest is? A good way to make money from money without losing alot?

I do Financial services. What you should do is invest the money and some good Mutual Funds. I personally recommend investing in American Funds

American Funds Investment Company of America (ICA)
American Funds New World Fund
American Funds EuroPacific Growth Fund
American Funds Growth Fund of America
American Funds Capital World Growth and Income Fund

These funds have a great track records and the company itself is very reputable with over 900 Billion in managed assets. You can check out I believe Barrons Financial Newsletter to check the company profile. Very good ratings you will find. Hope that helps.

[07335-06325]

i am 24, i am living germany because i am in the Army. I am getting out shortly and i am moving back to the states. My wife and i inherited about $8,700,000. So i guess that's enough to retire on. I am going to buy one house so far and rent it out. I'm looking for some companies like was stated before. Thanks for your help and advise. And i wont be foolish with this. I have learned my lesson with small amounts of money, so this shouldnt be a problem.

[BMW F22]

whoa that's a boatload of money. Anyhow, first thing people think of is Real Estate. If I had the money I would do the same and also investing in Bonds.

[ska///235i]

well.....it really depends on how much you have

[jadeddjay]

Originally Posted by BMWE90

whoa that's a boatload of money. Anyhow, first thing people think of is Real Estate. If I had the money I would do the same and also investing in Bonds.

realestate market rite now is shaky at best... and bonds are good for short term stuff where you cant afford risk but >5% return there is pretty dismal compared to other options... esp with 2-3% inflation rate.

those american funds look good... cant go wrong with vanguard either. i say... set up some sort of rothIRA, and play with the rest. look into alot of stocks, and balance with some bonds and other world market reits and etfs. just make sure you have a very diverse portfolio and get ready for swings in the market. over a long period of time, you will end up on top, just be patient and stick to your guns for the long run

i was handed over alot of savings from my mom and i am in the middle of getting it all straitened out with my schwab adviser. look into schwab. i like them. i like their philosophy.

barchart.com is a cool place to research. so is googles finanace section.

oh and with all that money i would definitly find a good CPA and watch your taxes... and explore all the tax options with regards to anything you do with your money.

[teknochild]

Originally Posted by 07335-06325

i am 24, i am living germany because i am in the Army. I am getting out shortly and i am moving back to the states. My wife and i inherited about $8,700,000. So i guess that's enough to retire on. I am going to buy one house so far and rent it out. I'm looking for some companies like was stated before. Thanks for your help and advise. And i wont be foolish with this. I have learned my lesson with small amounts of money, so this shouldnt be a problem.

have you found out that you actually only inherited 5 million? fucking government starts taking 50% after about 1 million in inheritance, nice huh?

[BMW F22]

Originally Posted by teknochild

have you found out that you actually only inherited 5 million? fucking government starts taking 50% after about 1 million in inheritance, nice huh?

That's freaking ridiculous. I hate the way the government works sometimes. The inheritance is something his family worked for. THey've already been taxed on whatever money they made and now aother 50%???