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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Ok, so what do I need to invest in to get rich? PP with $50 million, how did you start investing? I am from Eastern Europe and really dumb about these things.[/quote] Polish?[/quote] No, more south. Don't want to give myself away. DH and I did invest.... in 2001 or 2002, a day before it crashed! I told dh not to rush, and he was let's do it or we never will. Even the banker was no rush, but dh was dead set on doing it that day(he is American, lower MC raised, his dad never saved a penny other than his Post Office retirement that is pretty good). I was maybe "better off" raised as much as that is an oxymoron in communist regime. We earn good money but are too scared to invest. Is there a bank or such that people can recommend that has a good track? For regular UMC fed workers, not for millionaires.[/quote] The fact that you are still acting as if your DH made this huge mistake investing on a particular day is your first problem. Had you invested in an index fund that mirrored the stock market and just left it alone until now you’d have made a lot of money. I’m sure you panicked and sold. What you should be panicking about is what inflation is doing to your portfolio. To educate yourself, I’d recommend reading the bogleheads information. But unfortunately the main thing is not selling when the market goes down, like last year. Also, it is strange you are asking the 50m poster vs the folks with 1-2m. You don’t sound like you have the first million saved and would have no where near the risk tolerance of someone with 50m. We have about 2m and don’t! [/quote]
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