Where would you invest $1mm today? (pick 2)

Discussion in 'Economics' started by unconventional wisdom, Oct 5, 2022.

Where would you invest $1mm today? (pick 2)

  1. Stocks (diversified)

    20 vote(s)
    44.4%
  2. Bonds

    6 vote(s)
    13.3%
  3. Real estate (rental income)

    11 vote(s)
    24.4%
  4. Land (farm/forest income)

    7 vote(s)
    15.6%
  5. Gold/Silver

    5 vote(s)
    11.1%
  6. Cash

    9 vote(s)
    20.0%
  7. Crypto

    5 vote(s)
    11.1%
  8. Other (elaborate in the discussion)

    4 vote(s)
    8.9%
Multiple votes are allowed.
  1. Where do you think your money is the safest today with a multi-year outlook?
     
    vanzandt and murray t turtle like this.
  2. TrAndy2022

    TrAndy2022

    SPY
     
  3. DevBru

    DevBru

    If you want something easy that you don't have to think about i would go for an index tracker like QQQ.

    I prefer QQQ over SPY since QQQ is a technology index tracker and technology will get even bigger and more important in the future.

    I bought some recently after the big decline as part of my long term investment plan, probably going to leave it for 20-30 years.
     
  4. newwurldmn

    newwurldmn

    Two chicks at the same time?
     
  5. MarkBrown

    MarkBrown

    with guns and ammo everything in the list above can be taken? the most valuable thing on earth is water, because unlike air it can be controlled?
     
    murray t turtle likes this.
  6. Maybe cash.

    1. The financial/investment scene is uncertain and high risk all around at this time.

    2. If one can be patient, it could be that we're in the middle of a big bear market which has farther to run. If so prices will get cheaper... perhaps MUCH cheaper... and you'll have firepower to load up on bargains.

    In the mean time, you could be a trader... futures and options.. perhaps ETFs like QQQ and SPY if you fancy yourself as "astute and nimble".
     
  7. DaveV

    DaveV

    I do wish traders would stop recommending QQQ as a technology index. Contrary to popular belief, QQQ is not a tech index. To quote the ETF's sponsor:
    Nasdaq-100 Index includes the 100 largest non-financial companies listed on the Nasdaq based on market cap.

    It just so happens that most of the stocks on Nasdaq are tech stocks. However, QQQ also includes several healthcare, railroad, consumer staples and consumer discretionary stocks. If you want a pure tech ETF, choose XLK.
     
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  8. DevBru

    DevBru

    Or, the low can be in and you will miss te move up by waiting.

    We were down almost 30%, it's crazy to assume the market will go much lower from here.
    Could happen, but unlikely. Best to start buying now and add on if the market goes lower.

    Especially if you plan on holding the investment for decades there is absolutely no reason not to buy right now.
     
    jelite, murray t turtle and FTDK like this.
  9. QQQ v XLK.PNG
    Doesn't QQQ look like a good proxy for tech? Especially if trading size.
     
    murray t turtle, NoahA and gkishot like this.
  10. hilmy83

    hilmy83

    If I just have 1 mil laying around, I would just put it in QYLD for the 11-15% annual yield.
     
    #10     Oct 5, 2022