thanks you... seriously only please answer
2006-07-17 08:35:07 · 10 answers · asked by Annie Mae 3 in Business & Finance ➔ Investing
your goals will affect how you need to invest. if you want the money within the next 5 years, you'll probably want to keep it in something conservative, like CD's or money market account. won't get a lot of interest, but will be there when you want it.
if you want to put it back for retirement or more than 10 years, you probably should think about mutual funds. Index funds are good and generally move with the market. As you know the market is volatile, but it does have a good, long-term track record.
Starting an IRA or Roth-IRA could possibly give you some tax benefits.
Figure out when you want to spend this and that will help determine how to maximize the growth and minimize the risk.
2006-07-17 08:47:09 · answer #1 · answered by more than a hat rack 4 · 0⤊ 0⤋
Depends on when you'll need the money. If you will need it within a year or less, I'd definitely go short term - probably a CD. If I didn't need it until retirement (and that was at least 5 years away) I'd go long term - stocks, bonds, etc. In between, I might do a mix of those.
2006-07-17 08:42:29 · answer #2 · answered by Ralfcoder 7 · 0⤊ 0⤋
I'm a retired stockbroker. Go to kitco.com. I buy silver in 100oz bricks. Stay away from paper, stocks, bonds (especially bonds) from the US. The commissions are minimal on bullion. Silver does better than gold. Take physical delivery. Shipping will eat into your profits so find some place local. I use kitco for using their charts only. Long term. Buy it and forget you own it. I pay no attention to the price.
2006-07-17 08:48:52 · answer #3 · answered by Anonymous · 0⤊ 0⤋
long term is the way to go. I personally would invest in gm Gerneral Motors. This however is pretty risky so youd have to go long term. Nissan and Renault are thinking of buying a big share of GM and rebuilding the company.
2006-07-17 08:39:51 · answer #4 · answered by Ski_Bum 3 · 0⤊ 0⤋
i'll go for middle-term..
i'm one of the global investor in this world..
for amount like that you'll need to carefully when do some investment..
right now i'm investing in swisscash.biz that come from swissmutualfund.biz...
they give 300% fixed return profit in 15month..
the best part is that you can withdraw your money everymonth..
although i live far away but i still got payment..
they have their own transaction ways to pay you..
after all, you also will recieve SMS if you register,received payment,somebody register under you.and many else..
it give you up to FOUR plan of income if you invest..
minimum investment $100-max $100,000
eventhough you are sleeping investor you'll still entitled to get 300% profit return for sure..
feel free to visit this website below..
registration is FREE..if you doesn't want to invest your account will be automatically terminated in after 14days..simple..
2006-07-17 18:18:19 · answer #5 · answered by Tarumi 2 · 0⤊ 0⤋
short term - oil futures, gas futures, gold,
long term - small e&p companies with little debt and huge drilling budgets!
almost a no-brainer.
2006-07-17 08:52:49 · answer #6 · answered by mason x 4 · 0⤊ 0⤋
downpayment towards a house. if i needed more for the downpayment, then i would put it into a high yielding savings or CD until I have enough for the downpayment.
2006-07-17 08:40:15 · answer #7 · answered by islandgrl 4 · 0⤊ 0⤋
Long-term...I have kids to put thru college!!
2006-07-17 08:38:49 · answer #8 · answered by ustech84 3 · 0⤊ 0⤋
i would sell more shoes and clothing long term
fun furniture
2006-07-17 08:39:39 · answer #9 · answered by luvnoasis 2 · 0⤊ 0⤋
both if you can but DO YOUR RESEARCH!!!!!!!!!!! That's not alot of money it can go quick if your not smart don't make any fast moves research,research.
2006-07-17 08:40:37 · answer #10 · answered by Anonymous · 0⤊ 0⤋