Dears All
Suppose you win a $100 thousand in a lottery. ![]()
I hope it comes true.![]()
How would you invest it to get best returns on your investment?![]()
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That depends on the knowledge and abilities of the person. Here in Mexico we have the expression "widow businesses". Those are businesses typically owned by widows who never learned anything else in their life than being the wife of a rich man. So they opt for businesses that are easy to take care of, like renting houses and apartments. Another "widow business" would be an investment in a bank at a fixed interest rate.
Now, if you have the required knowledge, abilities, contacts, market, etc. for a somewhat more involved business, your best bet might be to go for it. Even if doesn't work out so well, for most people it's much more pleasant not having quite reached their goals than never having even tried.
Quoting from [adali]:You can invest in commodity market especially on metals, crude oil if you want quick bucks. Other choices are shares and real estate depending on your local returns.Dears All
Suppose you win a $100 thousand in a lottery.
I hope it comes true.
How would you invest it to get best returns on your investment?