2006-09-14 10:53:19 · 30 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
invest it, buy alot of stocks, make more! and a house on the beach.
2006-09-15 09:30:15 · answer #1 · answered by lol 6 · 0⤊ 1⤋
I would start a fund for divorced working single moms that are in income brackets that are low but considered to high for assistance. I would like to see them have a break by helping them pay a utility bill, groceries, a doctors visit, or even treat them to a movie and babysitter. This would help them on the road to bettering themselves, destress them, and give the children some fun that mom cant afford. I have been in this place and it is very hard to climb up.
2006-09-14 11:12:07 · answer #2 · answered by barbarast59 2 · 1⤊ 0⤋
A House
2 Cars
Cash Reserve
Of what is left: 20% should go into ETF's through Ameritrade.
10% should pre-fund your life insurance program for your lifetime in Equity Index Life. http://www.joesalvemini.com/life_insurance_quote Also buy disability insurance and at age 45 buy Long-term care insurance for you and your spouse.
70% should go into SAFE MONEY products and they are the following:
1. Fixed Index Annuities ------Where your account value does NOT Decline in Value. -----Where the Credited Interest to your account does NOT Decline in Value. -------Where the interest you earn each year is based ONLY on the Upside of a Stock Index (You would accept a Cap on the Upside of say 8% in exchange for not having your account decline in value, wouldn't you???? I know I would!!!!) The Cap varies by company & annuity and is usually guaranteed for 1 year. Other crediting methods are also available. To Learn more Visit: http://www.jdsannuities.com/index_annuities
By the way, the way the insurance company is able to vary the interest you earn which is based on a stock index is by the use of a derivative for the interest part only.
2. Fixed Deferred Annuities - Where you have a wide selections of multi-year guaranteed rates or for 1 year, 3 years or 5 years. most are 5 to 10 year products. To Learn more and see most of the rates for yourself visit: http://www.jdsannuities.com/annuity_rates
To view the overall website for Annuities visit: http://www.jdsannuities.com
2006-09-14 11:45:21 · answer #3 · answered by Joe the Expert 2 · 0⤊ 1⤋
Maybe a nice meal to celebrate,maybe a trip or a car if needed-then work to get out of debt(charge cards,current mortgages).Put away a BUNCH of it(if not most) into an educational trust if there are children. Give to church/charity.
2006-09-14 10:57:29 · answer #4 · answered by KEITH G 4 · 0⤊ 1⤋
Pete Wentz
2006-09-14 10:54:49 · answer #5 · answered by D.C. 1 · 0⤊ 1⤋
A new house, with enough rooms for me and my kid and my husband. Me and husband just so we can a room to ourselves for quit time when needed. And a special room for the dogs ( we have 4) A room where they can play sleep and do whatever else they wanted too while we away from home.
2006-09-14 10:56:55 · answer #6 · answered by sisinlovewithyou 4 · 0⤊ 1⤋
new home 2 bedroom 2 full baths game room built in pool and a hot tub with acres of land on waterfront property
2006-09-14 11:01:48 · answer #7 · answered by dolphinchk64 2 · 0⤊ 1⤋
A house with a few acres of land.
2006-09-14 11:02:19 · answer #8 · answered by Kainoa 5 · 0⤊ 1⤋
A year long vacation traveling the world.
2006-09-14 10:55:30 · answer #9 · answered by Solutions 2 · 0⤊ 1⤋
The first thing I would buy would be a new girl friend,
2006-09-14 10:58:12 · answer #10 · answered by Anonymous · 1⤊ 0⤋
It would be a real nice car like a Lamburgini or something
2006-09-14 10:56:16 · answer #11 · answered by xxprobigboixx 2 · 0⤊ 1⤋