Use the All-weather investment strategy to generate a neat return every year without worrying too much about a market crash. All weather strategy means something like:
80% index funds
12% bonds
8% gold/Cryptos
Do that with the $7M and you'll have around $350K every year (after taxes and inflation) for the rest of your life. And best of all, you'll still have $7M (+inflation) to give on to your own children when that day comes.
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[ 3.3 ms ] story [ 15.8 ms ] threadPragmatic: Invest most in index funds, and use the proceeds to fund your startup.
Crazy: Alt-coins :D
It could be making the world a better place via charitable endeveours.
Or maybe take a shot on making a billion, then you'll need to be super speculative.
Or maybe it's ultra conservative, then index funds.
Or maybe a mix of things, so many asset classes (and many sub asset classes) to build such a portfolio.
Do that with the $7M and you'll have around $350K every year (after taxes and inflation) for the rest of your life. And best of all, you'll still have $7M (+inflation) to give on to your own children when that day comes.
Your gift is my dream!