Quote:
Originally Posted by manaboutown
Believe it or not I am asking for a rather wealthy friend who happens to have $1M cash lying around earning him next to nothing and has no ideas on how to invest it. He and I have known each other since junior high and we brainstorm on various matters from time to time. I told him I had no idea and was sitting on a lot of cash myself (not anything like $1M).
Anyway I thought it might generate some creative thinking as I am out of ideas. Stocks and real estate seem at present extremely overvalued to me. Anybody have any possibilities they would care to share?
|
what is the goal of the proposed investment. To a number of us at this point of our lives we may just want to preserve our capital. To some it may be to balance it all out between growth and preservation. To others it may be to take a big risk with the potential for big return. Maybe the point here. Guess it all depends.