How much interest could you get on a million dollars?

[james.hendrickson]

I mean...another option you have is to go full on junk bonds and try to get 12 -15% interest rates, but a lot of those companies super risky. The upside is that you could just call a broker and they could get into a portfolio that would mitigate your risk.

Another option would be lending it out privately - you could get 8% to 10% if you went with secured personal loans. The downside is not a lot of people understand this model and its tougher to implement.

[Singuy]

I mean...another option you have is to go full on junk bonds and try to get 12 -15% interest rates, but a lot of those companies super risky. The upside is that you could just call a broker and they could get into a portfolio that would mitigate your risk.

Another option would be lending it out privately - you could get 8% to 10% if you went with secured personal loans. The downside is not a lot of people understand this model and its tougher to implement.

I probably would go with high yield tax exempt muni bonds. Yield looks to be between 5-6% tax free. This is equivalent to a 7-9% yield depending on your tax bracket. Also muni bonds are extremely safe..even if it's BBB rated (default rate is less than 1%).
Of course there's still that pesky interest rate risk we have to worry about.