If someone gifted you a half million dollars, but the stipulation is you had to invest it. How would you invest it?

[ChiTown33]

You could spend whatever you accrued from it. But you had to invest the gifted amount.

[blackgaletiger]

I would do one of 2 things.

1) buy a large plot of land and build a house greenhouse and invest in livestock. The remaining land that I won't use I would rent out to farmers. Land goes up in price, so does the value of a house. Produce and meat can be sold in farmers markets and local butchers. Since its organic people know their produce is local and fresh.

My second option is to once again buy a large plot of land and turn it into a graveyard. Its a business that has really picked up these last few years and its something that will continue to be in need until the very end (This was something my teacher said to us back in 2010 but never understood the value of death until we all lived through life globally)

[ChiTown33]

Very interesting.

[NamerOfStars]

Probably a pretty diverse portfolio; I'm far from an expert in finance, but you don't have to be a genius to figure out the danger of putting all your eggs into one basket. Up until very recently, I'd've said "put a big chunk of it in helium futures", since Congress has (idiotically) been selling off our national helium reserve, and that stuff is used in basically EVERY form of high-tech manufacturing, but inexplicably, there doesn't seem to BE a helium futures market. However, the recent breakthrough in fusion power, even though it's still a LONG way from having practical fusion powering our grids, means helium would've taken a dip, as that would be a HUGE source of the stuff, produced as a BYPRODUCT of power production.

Obnoxiously, that means the stuff probably WOULD have taken a dip, and it'd be a good time to get in while it was cheap- but again, that market doesn't exist.

[Little_Bumblebee]

I would have no clue how to.
My brother and how now wife, did give me some money to invest in when I graduated. He helped me invest with some of them, but I don't know what to do with the rest.

[ChiTown33]

Life seldom comes with instructions. Unless you know someone in the know you just have to pick up opportunities along the way. But you got started! That's the most important factor as far as I'm concerned.

[Little_Bumblebee]

That's for sure! ... It's 2.5 years ago though and I still haven't tried investing more...

[Labokachulaa]

I would invest it in some cheap land, buy myself a house and build houses for others. I would aim it mainly for people who are struggling to pay their rents.

[spartan55]

Do I have the option of letting a professional consult on the matter?

[ChiTown33]

Absolutely.

[spartan55]

I would probably buy dividend producing stocks and develop a passive income stream.

[ChiTown33]

Not a bad plan. 👍

[spartan55]

I read a half million is around the amount needed to fund a $4000 per month income stream.

[ChiTown33]

That'd be a 9.6% dividend. If my math is right. That's a pretty tall order. I don't know of any stocks that CONSISTENTLY pay that high of a dividend.

[spartan55]

Okay, I didn't have the article saved in front of me... yeah 9.6% is not reasonable... more like 3%-5%... I'll leave the math to you 😂 Let's say 4% dividend yield on $500,000 monthly would be? (Take 30% as your advisor fee too 😂😂)

[ChiTown33]

That's cool man I wasn't busting your balls. There are stocks paying over 10% dividend yields right now. PXD and CWH to name a couple. I just didn't know if you were cycling them or something. Cause if so that isn't very passive.😆
Yeah I'll agree, 4% is very do-able. I just was asking because I was wondering if you knew something I didn't here. 😀👍

[spartan55]

Na, I get sucked into a bunch of infographs about it on Pin Interest, so I'm definitely a newbie.

[ChiTown33]

When it comes to the stick market I think a person ALWAYS feels new to it. Or at least I feel that way.

[ChiTown33]

Stock*

[Avicenna]

Some fixed-income investments, some rental properties, some precious metals and some stocks.

[ChiTown33]

Diversified. I like it! 👍

[Avicenna]

Yup!

[Whatthefluff]

Real estate. Rent homes out to people or buildings out to businesses.

[MementoMori777]

I'd open a mechanic shop, with that much tho, I'd design the place myself

[LiamJHayden]

Rental property.

[Anonymous]

I'd buy a house

[ChiTown33]

I guess that's technically an investment. I guess I did make the stipulation pretty vague. 👍

[Opinion Owner]

With the house prices the way they are...