Buy. Hold. Sell. Repeat.
The question is how to make a windfall with $1M and maximise returns. It did not state the time line.
Me as a lower risk taker would opt for a safer option, to put the money into a basket of bluechip stocks and let it grow over a period of 3 to 5 years.
With the current market still at its low, and globally economies are opening up and striving to stabilise and enter the real new normal. The past 18 months or so was definitely a good entry time, to buy and hold. Now its still not too late!
While some funds are rocketing, there are still a number of them climbing steadily. An option to consider would be dividend stocks that gives you some small return annually.
From history, global crisis comes approximately every 10 years, to enter now, forgot about the investment, and to hold for at least the next 3 to 5 years would surely have increase your capital significantly.
After that, look for a point of stagnation and sell them off while waiting for the next cycle.
Buy. Hold. Sell. Repeat.
Me as a lower risk taker would opt for a safer option, to put the money into a basket of bluechip stocks and let it grow over a period of 3 to 5 years.
With the current market still at its low, and globally economies are opening up and striving to stabilise and enter the real new normal. The past 18 months or so was definitely a good entry time, to buy and hold. Now its still not too late!
While some funds are rocketing, there are still a number of them climbing steadily. An option to consider would be dividend stocks that gives you some small return annually.
From history, global crisis comes approximately every 10 years, to enter now, forgot about the investment, and to hold for at least the next 3 to 5 years would surely have increase your capital significantly.
After that, look for a point of stagnation and sell them off while waiting for the next cycle.
Buy. Hold. Sell. Repeat.
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