What to do with 1.5$ million dollars?

biggunsar said:
state street is a huge company now owned by black rock, but they bought out goldman sachs (you surely have heard of them)

so if you google state street cayman. you will find a number. Call them, ask for an account specialist (if you have 2 mil) and open an account in cayman.
(my ex's client list includes tom cruise, condoleza rice ect)
tax free my nigger.
Click to expand...
Noice I love no tax
 
biggunsar said:
2 mil in a state street account, will net you 20K a month. every month. For as long as you have the account, risk free.
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What is this "state street account"? No way is that "risk free". I don't think you understand risk. Feel free to prove me wrong.
 
FuckMaxxxer said:
What is this "state street account"? No way is that "risk free". I don't think you understand risk. Feel free to prove me wrong.
Click to expand...
look ass. My ex when we were married. DO YOU REALLY THINK SHE WOULD LIE TO ME?

let me guess, she was long gaming me

YES its' risk free.

tom cruise dumped 20 mil into an account, that was around the time the media was saying he was a bad father and breaking up with whats her name katie

and the 20 mil was for his two kids. katies kid and another kid he had with another woman a non celebrity

condoleza rice was not the main beneifciary of her account she was hiding behind another person.(i don't remember his name)

yes, it's risk free and TAX free, being in cayman. And totally legal.

and they make a fuck ton more money than the 20K a month they offer you, for your 2 mil.
my friend, who had to flee to panama was running a unlicensed company EXACTLY like state street. (why he had to flee to panama) while in cayman. And he was making a fuck ton of money. One dude dumped 20 mil into his account and my friend could easily make 200k in 30 seconds with that.

All it takes is a few pips up on whatever they are trading and BAM.....200k. I watched him do it. I was thinking HOLY FUCK.....but because he was uninsured. It means he could not guarntee you a risk free investment

when you see this shit, you realise how much extra money people have. it's insano

so shut up, okay. Please. I have no reason to lie or con anyone. I get nothing from this. I am simply trying to help anyone that can help themselves.
 
biggunsar said:
look ass. My ex when we were married. DO YOU REALLY THINK SHE WOULD LIE TO ME?

let me guess, she was long gaming me

YES its' risk free.

tom cruise dumped 20 mil into an account, that was around the time the media was saying he was a bad father and breaking up with whats her name katie

and the 20 mil was for his two kids. katies kid and another kid he had with another woman a non celebrity

condoleza rice was not the main beneifciary of her account she was hiding behind another person.(i don't remember his name)

yes, it's risk free and TAX free, being in cayman. And totally legal.

and they make a fuck ton more money than the 20K a month they offer you, for your 2 mil.
my friend, who had to flee to panama was running a unlicensed company EXACTLY like state street. (why he had to flee to panama) while in cayman. And he was making a fuck ton of money. One dude dumped 20 mil into his account and my friend could easily make 200k in 30 seconds with that.

All it takes is a few pips up on whatever they are trading and BAM.....200k. I watched him do it. I was thinking HOLY FUCK.....but because he was uninsured. It means he could not guarntee you a risk free investment

when you see this shit, you realise how much extra money people have. it's insano

so shut up, okay. Please. I have no reason to lie or con anyone. I get nothing from this. I am simply trying to help anyone that can help themselves.
Click to expand...
I agree with this

Also fair point cayman is 0% tax
 
biggunsar said:
look ass. My ex when we were married. DO YOU REALLY THINK SHE WOULD LIE TO ME?

let me guess, she was long gaming me

YES its' risk free.

tom cruise dumped 20 mil into an account, that was around the time the media was saying he was a bad father and breaking up with whats her name katie

and the 20 mil was for his two kids. katies kid and another kid he had with another woman a non celebrity

condoleza rice was not the main beneifciary of her account she was hiding behind another person.(i don't remember his name)

yes, it's risk free and TAX free, being in cayman. And totally legal.

and they make a fuck ton more money than the 20K a month they offer you, for your 2 mil.
my friend, who had to flee to panama was running a unlicensed company EXACTLY like state street. (why he had to flee to panama) while in cayman. And he was making a fuck ton of money. One dude dumped 20 mil into his account and my friend could easily make 200k in 30 seconds with that.

All it takes is a few pips up on whatever they are trading and BAM.....200k. I watched him do it. I was thinking HOLY FUCK.....but because he was uninsured. It means he could not guarntee you a risk free investment

when you see this shit, you realise how much extra money people have. it's insano

so shut up, okay. Please. I have no reason to lie or con anyone. I get nothing from this. I am simply trying to help anyone that can help themselves.
Click to expand...
First part: Risk free
Second part: it’s not risk free

I mean, ur ex is a woman no offense. You ever gotten good advice from a foid?
 
biggunsar said:
look ass. My ex when we were married. DO YOU REALLY THINK SHE WOULD LIE TO ME?

let me guess, she was long gaming me

YES its' risk free.

tom cruise dumped 20 mil into an account, that was around the time the media was saying he was a bad father and breaking up with whats her name katie

and the 20 mil was for his two kids. katies kid and another kid he had with another woman a non celebrity

condoleza rice was not the main beneifciary of her account she was hiding behind another person.(i don't remember his name)

yes, it's risk free and TAX free, being in cayman. And totally legal.

and they make a fuck ton more money than the 20K a month they offer you, for your 2 mil.
my friend, who had to flee to panama was running a unlicensed company EXACTLY like state street. (why he had to flee to panama) while in cayman. And he was making a fuck ton of money. One dude dumped 20 mil into his account and my friend could easily make 200k in 30 seconds with that.

All it takes is a few pips up on whatever they are trading and BAM.....200k. I watched him do it. I was thinking HOLY FUCK.....but because he was uninsured. It means he could not guarntee you a risk free investment

when you see this shit, you realise how much extra money people have. it's insano

so shut up, okay. Please. I have no reason to lie or con anyone. I get nothing from this. I am simply trying to help anyone that can help themselves.
Click to expand...
What assets were they investing in which were that profitable?
 
FoidGrabber said:
First part: Risk free
Second part: it’s not risk free

I mean, ur ex is a woman no offense. You ever gotten good advice from a foid?
Click to expand...
but it wasnt' her advice. she was telling me about state street.

so im not going to argue anymore. You dont' believe me, that's fine. Not my problem.

if you have enough money to invest. Call state street in cayman ask for an associate. And inquire yourself.
 
Xavist said:
What assets were they investing in which were that profitable?
Click to expand...
Honestly i dont' know.

All i know is what my ex told me (at the time she was just an associate) but now she is a manager. state street bought out goldman sachs, so they are obviously not small fries.

all i can tell you is what we were discussing one day. Becuase i asked her "what kind of money can you make with an account" cause i was looking at investing our piddly little 350K. she said we dont' ahve enough money...yadda yadda. and that is where she said opening an account starting money is 2 mil. MInimum investment BUT...and thats' when she said the "rules" or the benefit of opening that account with 2 mil.

I cannot tell you anymore than that. I dont' know. only repeating what we were discussing. We didnt' talk about her job alot. Except for girl drama. and crap like that. Never about money. Unless she got an interesting client (like tom or condeleza) Most people were just run of the mill people.
 
FoidGrabber said:
First part: Risk free
Second part: it’s not risk free

I mean, ur ex is a woman no offense. You ever gotten good advice from a foid?
Click to expand...
and to your point TWO DIFFERENT PEOPLE. one is my ex in state street

and the other was my personal friend in his own company

one is registered and insured (risk free)
my personal friend has no insurance

if you doubt my credibility in stories (which you should never do, cause i never embellish or lie)

check out bateman cayman in google, there is cody my personal buddy, and his older brother ryan. who was also running bateman something dont' remember the name (bateman finance or something) and he was also running the same kind of business uninsured and he also flled to panama.

INFACT you dont' beleive me google "bateman cayman"

you can do your own detective google bullshit after that.
 
Last edited:
biggunsar said:
YES its' risk free.
Click to expand...
Ok, what's the name of the fund.
"State Free" is just the company. They must have several funds.
What is name of the fund within that company and inception date?
So we can check long term track record.
 
FuckMaxxxer said:
Ok, what's the name of the fund.
"State Free" is just the company. They must have several funds.
What is name of the fund within that company and inception date?
So we can check long term track record.
Click to expand...
why don't you call them, and it's state STREET

as i said, I dont' know. my ex and i never spoke in detail about what funds and shit. I thought i made myself clear on that. What would be the point of asking her. We had 350K could not open an account, so why question further. I am not a finance person. I am a network engineer. So why would i ask her specific questions about her job. When i know nothing about her job, no different than she would never ask me specifics of my job. She knew very little about my job.

fuck dude.
 
biggunsar said:
why don't you call them, and it's state STREET

as i said, I dont' know. my ex and i never spoke in detail about what funds and shit. I thought i made myself clear on that. What would be the point of asking her. We had 350K could not open an account, so why question further. I am not a finance person. I am a network engineer. So why would i ask her specific questions about her job. When i know nothing about her job, no different than she would never ask me specifics of my job. She knew very little about my job.

fuck dude.
Click to expand...
You type like someone who does amphetamines, not trying to insult you but just being blunt. Usually they write wild long paragraphs about stuff that is unusual.
 
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FoidGrabber said:
You type like someone who does amphetamines, not trying to insult you but just being blunt. Usually they write wild long paragraphs about stuff that is unusual.
Click to expand...
No i am just a hyper person. Always have been.

i talk quickly. Think quickly. it's just who i am. And no insult taken. i don't insult easily. Everyone has a right to an opinion.
 
Pokimane said:
Recently inherited a large amount of land in a foreign country and quickly sold it off last month.

Went for about 1.5$ million cad which should be around 1.1$ million usd

Wondering what i should do with this money; i am a very young guy and immediately dropped out of uni and quit my weekend job installing solar panels and shit after selling it off.

As of now i used about 30k of it to pay off existing loans and i am very lost about maintaining and growing it.

I jusr opened a TFSA acc too. I dont know much about stocks or crypto and don't want to get into gambling. Advice?
Click to expand...
Set for life save the mil do whatever you want with the half mil
 
FuckMaxxxer said:
1.5$ mil is not "set for life" lol, not in 2025
Click to expand...
for most of lifestyles and cities in the world it is if you invest it and live with the passive income

ofc it's not baller money in top 10 cities of the world
 
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1.5m x 0.03 = 45k

45k/year for life
0% tax (long term capital gain under 50k)

That’s a good life in SEA, Latam, decent in Eastern Europe, but in all seriousness it should be invested and used as a lifetime emergency fund, then he can work on a high risk high reward business (to get rich) or work on other passions.
 
FoidGrabber said:
1.5m x 0.03 = 45k

45k/year for life
0% tax (long term capital gain under 50k)

That’s a good life in SEA, Latam, decent in Eastern Europe, but in all seriousness it should be invested and used as a lifetime emergency fund, then he can work on a high risk high reward business (to get rich) or work on other passions.
Click to expand...
for 1 person that's even a good life in most of western europe too
 
FoidGrabber said:
1.5m x 0.03 = 45k

45k/year for life
0% tax (long term capital gain under 50k)

That’s a good life in SEA, Latam, decent in Eastern Europe, but in all seriousness it should be invested and used as a lifetime emergency fund, then he can work on a high risk high reward business (to get rich) or work on other passions.
Click to expand...
you can get 7% in a taxed, government insured interest bank account in indonesia.
But basically you clear 6%.
 
biggunsar said:
you can get 7% in a taxed, government insured interest bank account in indonesia.
But basically you clear 6%.
Click to expand...
I’m talking about withdrawal rate, private banking you can get 10% IIRC, like Swiss and such, but you need to withdraw in a way where your money grows, but also isn’t depleted from inflation
 
FoidGrabber said:
I’m talking about withdrawal rate, private banking you can get 10% IIRC, like Swiss and such, but you need to withdraw in a way where your money grows, but also isn’t depleted from inflation
Click to expand...
no penalty for withdrawing and you dont' have to lock it in. Indo banks dont' care. Say you put 100k in. At the end of the year you have withdrawn 50k. you are only getting interest on the remaining 50k.

And if you live in indo, how does inflation affect you? it doesn't. you still make 7% of your money from your money.

all inflation does it prevent you from going to other places. But if you got 1mil. Making 70k which is worth 60k who gives a fuck, your still able to travel.

now, if you want to play risk, there are indo banks that give up to 15%. But they are not insured. not insured means if they go bankrupt you lose your money.

Insured banks offer less interest

like super bank here offers 7.5% PER MONTH. meaning, you take 10k. Put it in their bank, every month you make 700 dollars. BUT.....you must have a kitas (you can get a kitas either by work visa, remote work visa or retirement visa, or marry an indonesian).
Most people have to re-sign every 3 months in this type of account. And....this bank is insured. Now i do believe that this bank makes you lock in your money, no bank cards and withdrawl allowances. Until your term is over.
 
biggunsar said:
no penalty for withdrawing and you dont' have to lock it in. Indo banks dont' care. Say you put 100k in. At the end of the year you have withdrawn 50k. you are only getting interest on the remaining 50k.

And if you live in indo, how does inflation affect you? it doesn't. you still make 7% of your money from your money.

all inflation does it prevent you from going to other places. But if you got 1mil. Making 70k which is worth 60k who gives a fuck, your still able to travel.

now, if you want to play risk, there are indo banks that give up to 15%. But they are not insured. not insured means if they go bankrupt you lose your money.

Insured banks offer less interest

like super bank here offers 7.5% PER MONTH. meaning, you take 10k. Put it in their bank, every month you make 700 dollars. BUT.....you must have a kitas (you can get a kitas either by work visa, remote work visa or retirement visa, or marry an indonesian).
Most people have to re-sign every 3 months in this type of account. And....this bank is insured. Now i do believe that this bank makes you lock in your money, no bank cards and withdrawl allowances. Until your term is over.
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Wdym currency debasement rate matters; cost of goods goes up? What do you mean. What the hell is the banks currency in? IDR? THAT will work real well. LOL. Even after currency arbitrage…
 
FoidGrabber said:
Wdym currency debasement rate matters; cost of goods goes up? What do you mean. What the hell is the banks currency in? IDR? THAT will work real well. LOL. Even after currency arbitrage…
Click to expand...
if you live in the country, it DOESN"T MATTER what your dollar is. yes....buying external costs more. but you do REALISE......many big countries make most of their shit in their own countries. Like indo, makes everything themselves
food. All local (you can get foreign shit like beef, but you do not need to)
building materials (even fucking granite is cheap here. What i would pay 800 for in the USA for the same size i can get it for 80 dollars here)
Cars ect.

so...WHO GIVES A FUCK what the indo dollar is worth globally if you live in indonesia

think about it.

I pay 350 USD in value for my apartment. If the INDO dollar goes down, do you think i pay more indo money for my apartment....absolutely fucking not. So.
if i take 20K USD. put it in super bank at 7.5% per month. (im doing us dollars cause it's easier than working with the millions in indo currency). I will will make 1400 USD a month (convert that to indo currency). IF i pay 350 USD for my apartment. it is still 350 USD (again, im only using USD currency cause it's less numbers, convert it all to INDO dollars).

my life does not get affected by the currency outside of the country UNTIL i travel. THEN it matters.
 
biggunsar said:
if you live in the country, it DOESN"T MATTER what your dollar is. yes....buying external costs more. but you do REALISE......many big countries make most of their shit in their own countries. Like indo, makes everything themselves
food. All local (you can get foreign shit like beef, but you do not need to)
building materials (even fucking granite is cheap here. What i would pay 800 for in the USA for the same size i can get it for 80 dollars here)
Cars ect.

so...WHO GIVES A FUCK what the indo dollar is worth globally if you live in indonesia

think about it.

I pay 350 USD in value for my apartment. If the INDO dollar goes down, do you think i pay more indo money for my apartment....absolutely fucking not. So.
if i take 20K USD. put it in super bank at 7.5% per month. (im doing us dollars cause it's easier than working with the millions in indo currency). I will will make 1400 USD a month (convert that to indo currency). IF i pay 350 USD for my apartment. it is still 350 USD (again, im only using USD currency cause it's less numbers, convert it all to INDO dollars).

my life does not get affected by the currency outside of the country UNTIL i travel. THEN it matters.
Click to expand...
i hate sounding like an asshole, but this is common sense shit here, if you have ever lived outside of your bubble in another country and seen it first hand.

For 22 years i lived outside of canada. For another 2 years, i have lived in the DR and indonesia. Unless you have done something similar. what you think you know is what you dont' know.
 
biggunsar said:
i hate sounding like an asshole, but this is common sense shit here, if you have ever lived outside of your bubble in another country and seen it first hand.

For 22 years i lived outside of canada. For another 2 years, i have lived in the DR and indonesia. Unless you have done something similar. what you think you know is what you dont' know.
Click to expand...
I think about money differently than you, I don’t see it as a means to survive or live, but you are correct and I’m “wrong” if that’s the validation you were looking for. I forgot to respond. The “local” (inflation of goods and services) inflation rate matters rather than the “global” (currency debasement rate) inflation rate when you live in the country.

I’m preparing for the worst, and trying to maximize my gains at all costs. Indonesian banks collapse? Global catastrophe? Need to leave Indonesia?
 
FoidGrabber said:
I think about money differently than you, I don’t see it as a means to survive or live, but you are correct and I’m “wrong” if that’s the validation you were looking for. I forgot to respond. The “local” (inflation of goods and services) inflation rate matters rather than the “global” (currency debasement rate) inflation rate when you live in the country.

I’m preparing for the worst, and trying to maximize my gains at all costs. Indonesian banks collapse? Global catastrophe? Need to leave Indonesia?
Click to expand...
well.....if the worst happens, there is NOTHING you can do about it

even those idiot preppers.

trust me

I have banks in cayman and DR. and in 2 months i will have an account in indonesia
 
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