Hire a CFP to invest your money for you. Give him/her your parameters and stand back.
I somehow feel your ten mil is kinda like asking us what should you wish for since you just found Aladdin's lamp.
Let's say I come into a large sum of money... $10,000,000. Now I want to invest it into a place where I can turn it into much more.
Now I can put it all in a bank (or split it into multiple banks) as a CD and earn about 5% or so intrest per year...making me earn $500,000 per year. But are banks safe to put all my money into? I've heard bad things about them and the economy.
If not, what else can I do?
Real estate?
Any good companies to invest in?
Please know I'm not wanting to earn tons of cash so I can sit around doing nothing all day in a mansion that 100 families can live in with crystal chandeliers and buying nice cars and yachts. I could really care less about that. I'm wanting to have a large income so I can go out and make a difference in the world - travel to third world countries and help them (even if it may be a small difference), or provide funds to help the local homeless get back on their feet (there are a lot of homeless where I live), or build homes for our countries soldiers who have been injured fighting for our freedom and now live in bad conditions. There are really endless possibilities that I can do so please help!!
