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What u would do with1 million$
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I would divide 1 million$ as
100k in forex, 100k in equity, 100k in bond, 500k bank of london, 100k chinese real estate market and 100k lavish spending..... |
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Well, I would start my FCM. It only needs $250,000 to start. I would invest another $500,000 in building the business: recruiting, establishing business relationship with investment banks, office supplies, another $250,000 as emergence fund. Because no business makes money in the first year. It's really a lucrative business.
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Start a company is much work. Invest $500,000 in a small profitable company, throw $300,000 to 3 good money managers and put down $150,000 payment to my house. $10,000 on a nice vacation and $20,000 on a new car and $20,000 random spending
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Well, 1 mil is does not weight as before. In some places, you can barely use that as a down payment for a house. Stock market is too risky, this country is too derivatives driven. I need a bottle a wine and a filed of green. I will take a very very very long vacation to Europe and retire in a eastern asia. Cheers everyone...let's not gve up our hopes
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With a million dollars I would go on a business with Charter. An FCM sounds fund.
You got to be in the right location and have the right market in mind. |
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First of all I'd pay off all my student loans. Then buy a house. I'd invest the in forex and bonds... I'd certainly travel some more!
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Start a new company like Hugh Hefner in the 80's and die happy watching 20 year olds playing beach volley ball in their bikinis, while I smoke a pip in my silk robe.
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