I'm interested in investing a $30,000 inheritance I'll be receiving soon, but I don't want to stick it on a account. I want to risk it for a high return. I currently have a savings account with about $10K in it.
In terms of debt, I don't have any (I still live with my parents). I only have my college loan (which I still owe about $12K) and my credit card, which I'm currently paying off. Overall, I want to invest most of the inheritance myself (no third-party brokers, planners, etc...)
With that in consideration, what percent should go to stocks, mutual funds, and to the bank? I don't want to put that much into the bank because the interest is horrible.
Thanks.
2007-06-29
09:06:30
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14 answers
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asked by
Anonymous
in
Investing