Author Topic: Where to invest $4.5 million today?  (Read 6776 times)


  • Pencil Stache
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  • Posts: 510
Re: Where to invest $4.5 million today?
« Reply #50 on: April 25, 2017, 10:57:16 AM »
A slightly different take... as long as the broker isn't trading/running up fees, its OK to leave the money there.

Thing 1. Stuff is about to get expensive and your dad needs to have cash in savings/checking for the end of life expenses that hopefully won't go too crazy on you too fast.

Thing 2. With real assets you need a good estate attorney to make sure stuff is taken care of right, your dad is secure and legal fallout afterwards is minimal.

Thing 3. Hospice, in home care, ect: since you have the funds available don't be scared to ramp this up sooner than later. You need to take care of yourself too and you need to try to enjoy what time you can with him.

Asset allocation and type of brokerage accounts are less important. Younger folk need to optimize their fee structure, but your dad has enough cash to make it, so making it in a well organized fashion is more important.


  • Bristles
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  • Posts: 351
Re: Where to invest $4.5 million today?
« Reply #51 on: April 26, 2017, 03:43:11 AM »
Get out of EJ. Invest in a couple of index funds. BND and SPY. How much you invest in one versus the other? Use these sites to help decide on a bond/stock allocation ratio that matches desired level of risk...