2006-07-19 04:27:25 · 9 answers · asked by curious 1 in Business & Finance ➔ Personal Finance
A good piece of real estate.
2006-07-19 04:30:24 · answer #1 · answered by Texas Cowboy 7 · 1⤊ 1⤋
DIVERSIFY!! Put some in a Money market, some in some laddered CDs, if you want to try the sotck market just try one or two stocks such as a utility company and maybe a financial instution ( make sure you do research on the company first - Jim Cramer recommends about 1 hour per week per stock), contribute to a Roth IRA, an maybe some in reals estate.
Any competent expert (that's not just looking to line his pockets) will tell you to diversify. It will protect you from putting all your "eggs in one basket" so to speak. And finally don't get emotional about your investments - it's business. If it loses money, cut your losses and move on - don't hang aroung to get beaten down even more.
Good Luck
2006-07-19 11:35:55 · answer #2 · answered by island3girl 6 · 0⤊ 0⤋
Hell no, not the time to buy real estate, the market is going down, wit it out. I need to know your time horizon, your objective, and your financial situation to make a determination. To be honest, you should speak to a Financial Advisor because there are tax liabilities with what ever you decide to do with the funds. You can get help to both invest and reduce your liability.
2006-07-19 11:35:36 · answer #3 · answered by Yisrael Chai 3 · 0⤊ 0⤋
In Tom Laughlin's new Billy Jack motion picture.
Get the details of how you can invest in his film at:
http://billyjack.com
There is a web video on his home page - click on that and you will hear him explain why it is a great investment.
2006-07-19 11:31:01 · answer #4 · answered by Jenny A 6 · 0⤊ 0⤋
I would suggest real estate and/or tax lien certificates. Tax lien certificates are perhaps the best kept secret in investing. High return and very low risk.
2006-07-19 11:32:29 · answer #5 · answered by J. Byron H 1 · 0⤊ 0⤋
You should speak with an investment specialist...
They will be able to give you alot wiser answers than the crack heads that come to this site..-winks-
2006-07-19 11:31:20 · answer #6 · answered by ~Sinfully~Exquisite~Stalking~ 4 · 0⤊ 0⤋
House, either live in it or rent it out.
2006-07-19 11:30:26 · answer #7 · answered by Puppy Zwolle 7 · 0⤊ 0⤋
stocks
2006-07-19 11:30:31 · answer #8 · answered by no1special 5 · 0⤊ 0⤋
you could give it to me.......just joking .......stocks are the was to go
2006-07-19 11:32:28 · answer #9 · answered by Anonymous · 0⤊ 0⤋