What should I do with $10,000? I am 25 years old.?

Answer 1

Assuming you have NO DEBT*:
1. Give $1,000.00 to Charity (Your choice)
2. $3,000.00 Retirement account (Roth IRA, or Traditional IRA)
3. $1,000.00 go on a mini-vacation to Cancun / Vail **
4. $2,000.00 Checking/ Saving account (emergency money only).
5. $3,000.00 Mutual Fund (taxable account) (Hold for 5 years or longer).

* Pay off Debt first if you have it.
** Or instead of a vacation, buying a vespa scooter with great gas milage would be practical and fun!!!

PS: How did Eric Cartmen get thin??? Was there a "South Park" I missed or what??????????

Answer 2

Sock the dough away into something that accrues interest and forget about it. You'll be happy you did it in about ten years. Which will be sooner than you think.

Answer 3

but half in the bank and invest the other half into something,but invest in somethin that you think is gonna make a great profit so that way youll make double your money back

Answer 4

Put it in a CD account. Let it accrue interest

Answer 5

Learn about stocks and investing. Then take your money, invest it and turn it in to millions of dollars.

Answer 6

I'm going to Vegas in October - could you possibly meet me there?

Answer 7

if your not working why not buy a bobcat or another cheap machine that you can make a income with,if your allready employed why not take a trip somewhere.

Answer 8

Loan me some!

Answer 9

Put it all in a 401K now!

Answer 10

put it in the bank