Which Investment Company would you chose

Reply #9

danisiri — Thu, 07 Jul 2005 01:46:42 GMT

After receiving the lump sum...If I had to pick an investment firm, it would likely be Fidelity Investments. If the amount I won was really large (over $100 million), then I would hire them to manage the portfolio with simple parameters keeping the tax burden as low as possible and not investing in certain areas. While I do have the financial skills to handle the investments, I really do not have the time to track everything. Given my perfectionist personality, I do not plan to make managing... [ More ]

Reply #8

dvdiva — Wed, 06 Jul 2005 23:47:58 GMT

I think I would stick it in tax-free bonds until I studied where to invest.

Reply #7

SirMetro — Wed, 06 Jul 2005 19:05:43 GMT

delS...sometimes, I tend to overlook what you mention because, my attitude is, I am going to win the jackpot and I know exactly how I intend to diversify the funds. Both my short term plans as well as a long term plan to insure the well being of my family is kept nice and tidy in my mind (one of the few things in my life that's actually organized).To illustrate what I mean is this...50% of all winnings would go into a well diversified stock holdings. These holdings would be of a type that averag... [ More ]

Reply #6

JAG331 — Wed, 06 Jul 2005 18:58:25 GMT

If I had a cool $50 million cash...hedge funds are the answer.

Reply #5

delS — Wed, 06 Jul 2005 17:46:26 GMT

I certainly like the diverse responses that come from the L.P. Community. There's nothing like it! But in responding to SirMetro, I'd like to add, not take anything away from his comments, but many people who win a jackpot are not admittedly savvy enough to go at handling and investing on their own. A LOT OF HAND HOLDING IS ABSOLUTELY NECESSARY or we would continue to have horror stories of people who mishandle their winnings. There is something called SUDDEN WEALTH SYNDROME. Any and I mi... [ More ]

Reply #4

lchoro — Wed, 06 Jul 2005 17:26:59 GMT

I would use the index funds from Rydex, Potomac, or Profunds. In the future, all of these funds will probably offer exchange-traded funds as well as the traditional mutual funds. The online brokers, Schwab, ETrade, Fidelity, and others, allow you to switch in and out of the funds, but it'd be better off to deal with these firms directly if you just use the end-of-day mutual funds.

Reply #3

SirMetro — Wed, 06 Jul 2005 15:19:39 GMT

None of the above because all of them either have huge front loads and/or large annual maintainance fees. For someone merely interested in mutual fund type investments, I suggest doing a bit of research and check out the huge offerings from the various no-load type companies such as (use to be Janus 20th Century funds, don't know what the current fund names are now). Like the lottery, a little prudent research can save you huge amounts of loss's and needless maintainance fees. Now, those who w... [ More ]

Reply #2

CASH Only — Wed, 06 Jul 2005 15:13:13 GMT

I would take the lump sum.

Reply #1

delS — Wed, 06 Jul 2005 13:25:38 GMT

Fidelity Investments

Which Investment Company would you chose

delS — Wed, 06 Jul 2005 13:25:17 GMT

Which of the following would you chose:1. Fidelity Investments2. Vanguard3. JP Morgan Chase4. Wells Fargo5. Bank of America6. Other