2006-07-13 00:27:08 · 7 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
with something that large I would strongly recommend you talk to a professional. A Financial Adviser would gladly help you. I personally recommend that you put your money into a low risk IRA with steady returns ranging from 4-5% a year. You would easily bring in about $10,000 a year that way. Or you can invest into a medium risk fund and bring in about 7-9%. You have to remember that with higher returns bring harder falls when the bear market is in full swing. Consider you investments carefully as you have allot riding on your cash machine that you have done such a good job saving. Congrats to that by the way. Once again talk to a professional there are allot of options out there you just have to find the one that was made for you.
*****By the way... Gold wont double in two years I promise you that. And silver will definetly not be worth 10x its value... I would say marginal gains at best.******
2006-07-13 00:33:40 · answer #1 · answered by dkwr14 3 · 0⤊ 0⤋
You're 75 and you like to invest 200k into something worthwhile, I would say a franchise business, mutual fund, bonds, real estate property or anything that would have lower risk of investment. Of course, you could go for stocks, but considering your age factor, you dont want to risk it all of your 200k. Talk to your personal finance planner, some will give you very sound advices.
2006-07-13 07:34:55 · answer #2 · answered by dlee1a 2 · 0⤊ 0⤋
Find a licesnsed land surveyor and make him the officer of a surveying company that you own. Then invest in the latest GPS system. Topcon Hyperlite would be my choice. There is a great demand for this type of mapping in the US. The system will pay for itself in 6 months or so and if you have a good surveyor in charge and a good marketing expert, the government work will make the business worth millions within 5 years. I have already seen this happen, so I know it works.
2006-07-13 07:34:29 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Find something with a fast ROI, unless you want to leave something to your family when you're gone. I wouldn't go for gold or silver, and definitely not for property since the prices are still too high. You could try biotechnologies.
2006-07-13 07:44:51 · answer #4 · answered by bananebio 4 · 0⤊ 0⤋
Invest in Gold and it will double in two years and if it is Silver then it will shoot up to ten times from now before 31.12.2007
2006-07-13 07:32:04 · answer #5 · answered by king 4 · 0⤊ 0⤋
buy properties
2006-07-13 07:30:35 · answer #6 · answered by robertszilver 1 · 0⤊ 0⤋
give it to me, please ....
2006-07-13 07:32:12 · answer #7 · answered by michael 2 · 0⤊ 0⤋