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10-07-2009, 07:33 PM
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#1
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The "You'd Know" Moderator
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Investment with a lumpsum of 2 million+ CDN
Say, if you have 2 million+ Canadian dollars, and you want to have a relative safe way to invest this chunk of money so you can live off the interest without touching the principal.
What's a relatively risk-free (4-6% return per year) to do it in a long term? (Yeah, I know about savings account, term deposit, but the interest rate fluctuates too much over the years and the rate is crappy right now, so can't really do it year after year.)
One investment option I figure is that government bonds (that have excellent ratings), which yield around 2-6% a year.
Any idea?
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08 CBR600RR
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Ezekiel 25:17. The path of the righteous man is beset on all sides by the inequities of the selfish and the tyranny of evil men. Blessed is he who, in the name of charity and good will, shepherds the weak through the valley of the darkness. For he is truly his brother's keeper and the finder of lost children. And I will strike down upon thee with great vengeance and furious anger those who attempt to poison and destroy my brothers. And you will know I am the Lord when I lay my vengeance upon you.
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10-07-2009, 08:37 PM
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#2
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Hacked RS to become a mod
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I would buy a giant pile of sugar
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10-08-2009, 02:19 AM
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#3
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I keep RS good
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give one million to me. I'll turn it into a lot more.
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10-08-2009, 02:39 AM
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#4
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Orgasm Donor & Alatar owned my ass twice!
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Long term government bonds is the only way I can think of. Virtually credit risk free.
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10-08-2009, 09:45 AM
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#5
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OMGWTFBBQ is a common word I say everyday
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IMO, commercial real estate in big US cities/metro area has pretty good potential for you.
You could buy the property outright. With ideal properties, you are looking at least 7% cap rate. And the price in US is pretty much bottom alrdy. Can't really go much lower than what's at right now.
People often stay away from commercial properties due to high entry barrier (you need some big money down). But with 2M, you could do pretty good.
Again, this is only valid if you were to invest it in relatively long term, at least 5+ years.
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Nothing for now
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10-08-2009, 09:52 AM
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#6
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RS.net, where our google ads make absolutely no sense!
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I agree with Gov't Bonds. 2-6% ain't bad and its bscly guaranteed.
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10-08-2009, 05:35 PM
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#7
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The "You'd Know" Moderator
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Guess that's the best option and probably good to opt for one with earlier buy-back date.
__________________
08 CBR600RR
03 IS300
Ezekiel 25:17. The path of the righteous man is beset on all sides by the inequities of the selfish and the tyranny of evil men. Blessed is he who, in the name of charity and good will, shepherds the weak through the valley of the darkness. For he is truly his brother's keeper and the finder of lost children. And I will strike down upon thee with great vengeance and furious anger those who attempt to poison and destroy my brothers. And you will know I am the Lord when I lay my vengeance upon you.
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10-08-2009, 10:14 PM
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#8
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Unauthourized Spammer
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If you're looking for dumb, safe and secure, it's not going to be huge returns.
Count your blessings if you can get 4% After tax that means you're making above the average family salary in BC.
$2 million doesn't get you what it used to.
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