Your own business with added value and insight information or S&P500.
Those are the only risk adjusted moves that make logical sense.
Everything else is gambling.
Remember that statistically you can't time the market or stock pick. The market is highly efficent in 2024.
Dividend ETFs are suboptimal.
You are forced to pay tax each time you receive dividends instead of paying tax once when you sell (essentially allowing you to choose when you pay tax). Cash should rather be reinvested for compounding interest or kept on books instead of being paid out as dividends. This is the exact reason Berkshire doesn't pay dividends.
Dividend invseting is a meme. It doesn't make mathematical sense.
1 million is not enough for angel investing. Angel investing requires you to invest in about 50-100 companies to get unicorn, maybe via syndicates, but realistically you'd have to move to Bay Area to get on the best deals early during seed rounds and you will spend half of that money just living in Bay Area. Other countries don't have enough unicorns to warrant angel investing. Angel investing starts to make sense at around 7-10$ Mil.
Reported