en·tre·pre·neur –noun Entrepreneur, translated from its French roots, means "one who undertakes." The term Entrepreneur is used to refer to anyone who undertakes the organization and management of an enterprise involving independence and risk as well as the opportunity for profit.
If you had a spare $1 mil. lying around, would you:
A) Re-invest into current business(es).
B) Invest in a mutual fund with a guarantee of 10% AER/$100,000 pa.
C) Buy a fancy car.
D) Other = I recommend you __________.
Lol. You're kidding right? You are about to invest $1M and for your investment advice you come to an online forum? Not to mention you do not provide any kind of information about yourself such as your risk profile.
Lol. You're kidding right? You are about to invest $1M and for your investment advice you come to an online forum? Not to mention you do not provide any kind of information about yourself such as your risk profile.
I don't believe those are his intentions... He's just trying to make conversation. Unless I am mistaken...
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I could not tell you the best way to invest your 1 million without seeing your finacial portfolio as a whole. how much do you already have in the stock market/mutual funds/bonds/cds/housing market etc? Is your business worth putting 1 million into it? Will that have a good ROI if you did so? How is the future health of your company and the industry it operates in? More questions than answers here.
A fancy car? We all know cars are only deprecating assets (excluding some cars) and are a waste of assets that can be appreciators for our future retirement.