CIBC Investor's Edge
- Easy to use platform
- Low fees
- Student and young investor discounts
There’s almost no end to what you could do with a $1 million nest egg. But we’ve laid out five lucrative options below.
How you build your investment portfolio ultimately depends on your goals, needs and risk tolerance. If you’re a conservative investor, you may put more money into bonds than you would stocks. If you’re a young investor, you may choose riskier investments like stocks and real estate.
This is how a $1 million investment portfolio might look for someone nearing retirement:
|GICs, bonds and government securities||50% to 60%|
|Stocks, ETFs and mutual funds||40% to 50%|
|Real estate and alternative investments||0 to 10%|
To make the most of your investments, you may need a new brokerage account.
CIBC Investor's Edge
Before you invest $1 million, consider the following:
With $1 million in hand, you may opt to work with a financial adviser versus doing it alone.
Broaden your market exposure and lower your risk by investing in low-cost index funds.
Help a budding startup become the next big thing by offering your money and expertise as an angel investor.
Invest in high-quality stocks by purchasing shares of stable companies that have higher profit margins and lower debt.
The digital age has made it easier than ever to invest in real estate through crowdfunding platforms without having to deal with the headaches of property management.
There are an endless amount of ways you can invest $1 million. Before you invest a dime, take time to consider your goals and risk tolerance. Once you’ve narrowed down your options, compare investment accounts until you find one that suits your needs.
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Bonds are fixed-income assets that earn interest. But bonds may underperform other asset classes in the long run.
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