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I don't know about real estate. Congratulations on your jackpot!


               
2011 Dec 12, 10:41am   5,242 views  6 comments

by blackhammer   follow (0)  

I don't know about real estate. Congratulations on your jackpot! I was in a somewhat similar situation, and here's my take:

A conservative method I've started using is the Permanent Portfolio. There is a mutual fund (PRPFX) by that very same name but it is not quite the same allocation.

Basically, there is no longer a need to take risks in order to fund my retirement goals, and 20% market swings are just so much more nauseating when dealing with seven figure portfolios.

http://crawlingroad.com/blog/ -- this blog is what started me on it
http://gyroscopicinvesting.com/index.php -- this is the forum
http://madmoneymachine.com/portfolios/ -- lazy portfolio tracker
http://bogleheads.org/ -- another financial forum (Vanguard diehards)

EDIT: Disclaimer of course, this is not advice, just me sharing my own situation a little bit.

This thread was forked from Where to safely invest $3.5M? by gman.

#housing

Comments 1 - 6 of 6        Search these comments

1   elliemae   @   2011 Dec 14, 1:02am  

Jackpot? Send the money to me! I'll invest if for ya.

2   elliemae   @   2011 Dec 15, 1:17am  

I forgot to mention that I'm in line to receive some royal nigerian money, millions of it. I got an email today.

3   bmwman91   @   2011 Dec 16, 5:01am  

Oh Ellie, in the off chance that this cheque cannot be cashed in your place of residence, I will gladly do so and send you all of my bank account info so that you can transfer 75% out and leave the rest to me for my trouble!

4   elliemae   @   2011 Dec 16, 1:21pm  

Post your account number here - I won't share it with anyone. ;)

5   bmwman91   @   2011 Dec 19, 2:05pm  

Did you know that Patrick.net forums will auto-censor your social security number? Look, I just posted mine!

XXX-XX-XXXX

;p

6   elliemae   @   2011 Dec 26, 12:50am  

Someday they'll run out of numbers and start using letters, and the guy with xxx-xx-xxxx is fucked.

Just sayin'

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