I recieved a settlement for 30 grand and I refuse to touch my money until I come to a conclusion on what the best business/investment plan is for me, I am not scared of hard work or putting in a lot of time. I have talked to many people and nobody really comes up with any good ideas. Please any answers or insights would be greatly appreciated.
2006-10-18 06:58:23 · 6 answers · asked by Anonymous in Business & Finance ➔ Small Business
send 5 thousand to me - and Karma will take care of the rest:)
2006-10-18 07:05:56 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You need to sit down with a reputable financial rep in your area, whether it be at your bank, or an investment firm. They can tell you the best possible options for earning interest, and savings on taxes. Most places will be clamoring for your business and you may even be able to get them to compete (I used to work at a bank, and saw people negotiate for better rates).
You may decide you don't want to place all $30k into investments, but I wouldn't go and drop it all into real estate or anything like that either.
2006-10-18 07:09:49 · answer #2 · answered by Sativa 4 · 0⤊ 0⤋
Business / Investment Plan can be suggested , only after knowing the following;
1. Your back ground
2. Your Strength and weakness
3. Your dislikes and likes
4. Your assets and liabilities
5. Your expertise etc.
2006-10-18 07:11:52 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Over 100 bucks a month with a 5% cd that is safe.
2006-10-18 07:01:35 · answer #4 · answered by super stud 4 · 0⤊ 0⤋
why not buy a property abroad eg bulgaria cuba your money will double in no time
2006-10-18 07:07:09 · answer #5 · answered by smiley 4 · 0⤊ 0⤋
buy real estate and flip it -good profit
2006-10-18 07:01:18 · answer #6 · answered by gabby 5 · 0⤊ 0⤋