Buy land in Portugal or Malta and leverage it to get a EU Passport.
I’d buy passport in jurisdiction with zero personal tax like Antigua and Barbuda.
Ask HN: I have $450K cash, what should I do to maximize my return?
61–70 of 509 posts
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#62Earlier quoted context omitted.
If the USA destabilizes, the last place I want to be is Central America.
Share your ideas then. Panamá gets stable revenue from Panama Canal plus some natural resources and operates in US dollars in eastern timezone. As a plan B it’s not exactly that bad.
Your advice only works if one speaks fluent Spanish and is well versed in and comfortable with the way societies work in Latin America.
For anyone else it is a recipe for disaster (as in being taken advantage of many times over)
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#63Since you have $750K in assets, you could consider investing in a social enterprise or giving to charity. I support GiveDirectly because their model -- direct cash transfers -- is very efficient.
Otherwise, as other people have said, it depends on your time frame and the amount of risk you are willing to take on. If you can wait 5+ years, a fund blending index tracking with some bonds (for stability) is an excellent option.
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#64Earlier quoted context omitted.
If you're betting on a crash soon, why not just hedge your existing positions on long dated PUT options? That's what they are for , insurance. As far as OP is concerned, there's not much point into cashing everything if the timescale is greater than 5+ years for needing any of it. Trying to time the market is just a fools game, consistent investments in the indexes always works out in your favor long term. Regarding…
If you bet on a huge crash then your PUTs will lose the value anyway. So what if they give you 50% profit when the inflation is 1000%.
I’d buy gold or crypto instead.
Stock market can keep going up due to inflation even if everything is crap and politically manipulated.
Gold is a real indicator and crypto is icing on a cake
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#65I recently bought muni bond funds and SLV to hedge on inflation. PMO pays a nearly 5% dividend which is tax free. I'll take that over a 1% savings account (with taxes) any day.
AMZN has made a 75% return this year, and you're buying municipal bonds ?
Someone is _really_ risk adverse ...
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#66Earlier quoted context omitted.
Arguable, I'd put in a $10,000 into it if I had the cash to spare. It's made me decent money.
Yeh sure, made me lots years ago, also cost magnitudes more their life savings. It doesn't sound like OP is looking for gambling.
Not really, as far as four months ago, Bitcoin was at 8k per coin... today it's around 11k per coin, it's about 30ish percent profit.
Edit: Unless you bought 11k+ and sold below that point, there's no chance you lost on Bitcoin.
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#67Never take financial advice from internet
I'll second this.
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#68Buy land in Portugal or Malta and leverage it to get a EU Passport.
Visit them first! I really did not like Malta, I would 100% go with Portugal, or Spain/Madeira.
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#69I’d buy more cash flow generating real estate. As others have noted, we are printing cash and all assets valued in our currency are likely to be impacted. Unlike gold, real estate should be able to generate cash and not cost you cash to hold. They aren’t making more land. With rising sea levels there will likely be less land. Midwest is a great place to invest. So is the south east. If you want more information about…
I wouldn’t buy real estate in USA because some upcoming candidates likely start taxing everything under the sun out of their beliefs.
Indeed I’d buy quality real estate outside of USA which could be found at a bargain now due to covid.
Re: Ask HN: I have $450K cash, what should I do to maximize my return?
#70Earlier quoted context omitted.
Share your ideas then. Panamá gets stable revenue from Panama Canal plus some natural resources and operates in US dollars in eastern timezone. As a plan B it’s not exactly that bad.
Your advice only works if one speaks fluent Spanish and is well versed in and comfortable with the way societies work in Latin America. For anyone else it is a recipe for disaster (as in being taken advantage of many times over)
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