What would you invest a million dollars in right now? (1 Viewer)

[BEANO52]

I put 20% into electric cars about April 2020 and that included zero TSLA. I've been very happy with the results.

Check $NIO & $XPeng

 

[Highli99]

Maybe, but it's a tough decision: jockey or boxer?

Tommy John. The one with the hammock that “separates the boys from the man”.

 

[johnjohn]

I'd open a new fast food franchise that only serves spicy chix sandwiches and milkshakes. Nothing else on the menu.

When i die, the bean counters would add crappy items to the menu to make the franchisees better margins and slowly erode what makes the restaurant special. But I'm dead so whatever.

 

[johnjohn]

Add underwear to shopping cart. thank you PCF!

 

[Windwalker]

I'd open a new fast food franchise that only serves spicy chix sandwiches and milkshakes. Nothing else on the menu.

When i die, the bean counters would add crappy items to the menu to make the franchisees better margins and slowly erode what makes the restaurant special. But I'm dead so whatever.

And Michael Keaton would play you in the biopic?

 

[JFCJ]

If I had a million dollars (If I had a million dollars)

Well I'd buy you a K-Car
A nice reliant automobile

 

[ChipEnvy]

Dude. Did you recently win the lottery?

 

[Big Jilm]

water

 

[Ocharacato]

I would put it into environmentally friendly alternative power generation, distribution, and storage companies (diversified). E.g. FCEL (fuel cell) and PLUG

This type will be/is the future in power generation in contrast to internal combustion power, as well as the new type of “batteries” or energy cells. These are something that we’ll need every more and more at affordable prices... To power everything that will be coming in the next 100 years.

 

[longflop]

Long term land lease with a AAA credit tenant. Its bulletproof.

 

[i'm nobody]

I would invest in seniors residences. There are a lot of people getting a lot older and in need of homes. And the baby boomers have money to spend.

 

[i'm nobody]

There's a lot of speculation around BITCOIN, ETH and cryptocurrency in general; stocks being overvalued or undervalued; industries being ready for investment or not... so here's a question:

If you had a million dollars IN HAND today, and you couldn't use it to pay bills, pay off your home, nothing personal. but just invest for aggressive-ish growth: given the markets, political environment, and the state of the pandemic: where /how would you invest the money, and why?

(I'm using a million instead of the usual $1000 proxy because I want the movement to be meaningful not just in percentage gain, and allow for enough room for good strategy.)

Now let me ask you 2 questions.
1. Are you looking for ideas for investing because I am planning on researching a number of ideas put forth here.
2. What would you do?

 

[RainmanTrail]

If you're looking for something fun to invest in, buying an extremely rare vintage baseball card like a Mickey Mantle PSA 10 rookie card, or a Honus Wagner 1909 T206 tobacco card, or a gem mint Wayne Gretzky rookie card, or an autographed Babe Ruth Goudy card are all great options that have far outperformed the S&P 500 over the past few decades. Some of those are more than $1 million, but they're in the ballpark and prices vary based on grades.

 

[nezara]

If you're looking for something fun to invest in, buying an extremely rare vintage baseball card like a Mickey Mantle PSA 10 rookie card, or a Honus Wagner 1909 T206 tobacco card, or a gem mint Wayne Gretzky rookie card, or an autographed Babe Ruth Goudy card are all great options that have far outperformed the S&P 500 over the past few decades. Some of those are more than $1 million, but they're in the ballpark and prices vary based on grades.

I just sold my autographed babe ruth goudey for way less than 1 million . It did increase in value by about 12x in 10 years I owned it.

 

[PocketAces]

Get samples

 

[RainmanTrail]

I just sold my autographed babe ruth goudey for way less than 1 million . It did increase in value by about 12x in 10 years I owned it.

Very cool card. But I should have said PSA 10 that is. You can also get a Mickey Mantle rookie for way less than 100k, but a gem mint one brings in millions. It's all about the grades.

 

[nezara]

I'm a bit bearish on domestic stocks. The buffet indicator comparing the stock market total value to the GDP is way out of wack. I'm personally diversifying more into emerging markets

 

[nezara]

Very cool card. But I should have said PSA 10 that is. You can also get a Mickey Mantle rookie for way less than 100k, but a gem mint one brings in millions. It's all about the grades.

I'm not sure about the existence of an autographed ruth in that grade, but you never know. I will say in general my baseball cards appreciated pretty well generally beating the market, but my basketball and soccer high end autographed rookies did way way better

 

[davin]

Real Estate in Hawaii, lmk if you need a partner

 

[davin]

Time travel delorean

 

[JScott]

This is such a prudent question right now. I sold farmland that was netting me sweet f**k all and had appreciated a lot. I kept half but the land I sold to my brother is worth about a million

I’m putting part of what sold into an addition on my house (in my part of the world where houses start at $2.5 million it’s not a lot). This is also why I’m upgrading my poker shwag for the new room which I’ve discussed here before.

The rest I’m getting in installments and I’ll be investing into my own businesses I run. Those businesses are currently in mining exploration with UAV’s (drones), agriculture water management (also drones) and Virtual reality for home design.

IF I couldn’t do anything personally or into my own businesses I’d be shit scared where to invest right now. The world’s screwed up running on borrowed money, is inflation going to go nuts? Will everything crater? Who knows?

Land. Farmland for cash rent if I had no plans to live on it.

I’m of the opposite mind on farmland. It’s so expensive and the rents are awful. Until we get back to high corn prices right now the land price is high and rent/income is low.

 

[Windwalker]

Now let me ask you 2 questions.
1. Are you looking for ideas for investing because I am planning on researching a number of ideas put forth here.
2. What would you do?

1. I was reading a story about how TikTok has become this insanely popular place for people to get stock and investment tips, and that there are now apparently millions of 1 minute tutorial videos on how to make bank. Got me thinking about the power (or danger) of the collective, and I was genuinely interested in a thought experiment of “what would you do with a million dollars.”

I think it was @Payback who made a super important point about a person’s relatively liquidity vis a vis the money, and that it would color things.

2. Personally, I have always found large investments to be best based on people, not currency, product, trend or stock. Smart people drive smart decisions, which in turn drive smart investments that turn exponential. I would probably find 10 brilliant people with bold ideas and invest $100k in each.

 

[BrightlyDumb]

@Windwalker, you somewhat beat me to it. VC money is where appreciation can happen, although it doesn't have to be a traditional VC firm. If you have large sums to invest on a 5+ year timeline, then that's a route to chase. Someone earlier mentioned buying a profitable business, but that tends to get time and capital-intensive with less growth (highly dependent on the business, of course).

Likely highest risk/reward with least effort? Alt coins. Given money velocity, collectibles are options, but as you know the market is volatile. I personally 'bet' on ETH, BTC, SPACS and bios that are past stage II trials. Small bets all around.

 

[BELGRADE]

Don't invest anything in France if you don't want to lose your money

 

[wuffle]

@Windwalker, you somewhat beat me to it. VC money is where appreciation can happen, although it doesn't have to be a traditional VC firm. If you have large sums to invest on a 5+ year timeline, then that's a route to chase. Someone earlier mentioned buying a profitable business, but that tends to get time and capital-intensive with less growth (highly dependent on the business, of course).

Likely highest risk/reward with least effort? Alt coins. Given money velocity, collectibles are options, but as you know the market is volatile. I personally 'bet' on ETH, BTC, SPACS and bios that are past stage II trials. Small bets all around.

What’s your definition of alt coins? Is ETH an altcoin?

If it’s uniswap shitcoins, it’s hard to buy anything in size without moving the market

 

[RudysNYC]

What’s your definition of alt coins? Is ETH an altcoin?

If it’s uniswap shitcoins, it’s hard to buy anything in size without moving the market

Yes ETH is an altcoin. Altcoins basically has come to mean anything other than BTC at this point, for better or worse. Like you though, I try to keep them separate from shitcoins. You make your money in the shitcoins and then compound it watching Altcoins moon

Likely highest risk/reward with least effort? Alt coins.

This is the way.

 

[TheBigTater]

Station Wagons - everybody knows they are the wave of the future.

 

[Copper44]

Bourbon

 

[aaronroch]

Land. Farmland for cash rent if I had no plans to live on it.

Can I interest you in 60 acres in western NY?

 

[aaronroch]

There is a more modern third style briefs to add to your dilemma

Oh great. Now I know what kind of underwear you wear. Now I can picture you in your underwear at the next poker game. JUST what I wanted.