Need investment advice, what do I do with my $60,000,000?
I came into $60,000,000 back a couple of weeks ago. I am looking at either getting Goldman Sachs or Morgan Stanley to manage it for me. Either one will only charge me a .75% management fee (less than 1 per cent). I can make about 30% a year on my money. That is not bad. Is there anyone on this Board that can do better than that?
If you can make 30% a year on your money, why do you need someone to manage it for you? If you can make 30% per year, you should be running your OWN management company. If you can make 30% per year why would you be asking such stupid questions?