I am about to receive a settlement for over $100K and I am interested to know what I should do with the money. I do plan on paying off all of my debt plus my car payment. The remainer I would like to invest into a variety of options. I am leery of stocks. I do have a 401k plan at work which I plan on investing more and I also have some ING accounts which I will probably get more. I am interested in seeing a financial planner. $100K isn't much but I would like it to grow. I am not in a bind to where I need the money. I just want to make wise choices i.e. IRA's, money market accounts, small trust fund for my neices and nephew, savings, etc. I do plan on making a donation to charity and start a small scholarship in my name of course.
What should I do with this money?
2006-07-07
04:06:59
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17 answers
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asked by
LadyK
3