If you won a MM or PB jackpot? I know we all would invest in a house and other real estate, maybe some collectibles but what manner of stocks, bonds and mutual funds would you invest in?

I read an interview with Brad Duke, who won (at the time) the record jackpot for Powerball. I think it was $220 million and he got about $85 after the payout and taxes. He invested something like 60% in low-risk ventures such as municipal bonds and 30% in high-risk, high-payout ventures like Big Oil (This was in 2002, right before gas skyrocketed...he's probably CLOSE to his goal of becoming a billionaire now).

I'd probably do something similar...50-60% invested in low-risk municipal bonds and CDs and some interest-gaining savings accounts. 30-40% in high-risk ventures such as Energy, Big Oil, software and internet security and biomedical sciences ventures. The rest (about 10%) to play with.

Energy, oil, Intel, and Cisco.

Jimhowlett wrote: I know we all would invest in a house and other real estate...

Not ALL of us (grin).  If the jackpot was substantial enough to do so, I'd live off the principal.  And on real estate, I'd probably either rent or lease.  Everyone is different.  In my case, I like the freedom of mobility afforded by rental/lease agreements.  Anyone who's currently trying to sell a house would know what I'm talking about.  To many, home ownership has become less of an asset and more of an albatross when the desire or need to move elsewhere comes up.

However, while it might not be considered "investing" per se, I'd probably select a number of stable currencies and diversify my liquid assets among those currencies.

Regards - J. Alec West

Stocks that Pay High Dividends!

The higher the dividends are, the higher the risk, usually. Those are the "wealth doublers" so to speak, but can also put you in the poorhouse. You gotta watch out for those.

BUTT>>>> O'BAMA gona eat UR A$$ET's w??/TAXE$$$$!!

lol

psykomo

Dividends=Return on Investment

Low Dividends=Low Rate of Return

No one has said Gold Bullion  ??

Toshiba, Hitachi, Intel, Cray, IBM, Coca Cola, Mercedes Benz, BMW, Toyota i'll list some more later....

I'd try to stick to things I'm interested in and have immediate knowledge of and then go from there. Obviously get into commodities, even if prices are going down they'll always go back up, well unless there's a discovery that replaces it or creates a infinite supply.

Real estate isn't a bad investment as long as you don't get into it at a bad time, people will always need places to live or build. But only for land, no old, possibly former crack houses that need renovation and are in crummy neighbor hoods for me. Commercially zoned land might be good as long as it's either in a good location or an area that becomes a good location.