She hasn't got a house or a car or much of nothing, should she invest it?
2006-10-25 15:07:42 · 13 answers · asked by deerkiller69ro 1 in Family & Relationships ➔ Other - Family & Relationships
she should give me some :-D haha jk but thats very sweet, congrats!!! i would say get what you, pay off bills, put some away, and have a little fun!
2006-10-25 15:11:05 · answer #1 · answered by Angel 2 · 1⤊ 0⤋
Any extra money I get goes into a 60-40 plan. 40% goes to immediate bills, loans or debt. The other 60% goes in a savings account. An amount like that would need a financial adviser. If invested wisely, she might be able to live on the interest and never touch the principal.
2006-10-25 20:47:37 · answer #2 · answered by Stephanie D 2 · 0⤊ 0⤋
OK that is crazy!! How did she get it?! Oh well it might not be any of my business, but i think she should get a car, maybe a BMW. Those are good-looking and really good cars for life. Maybe she can even go shopping and stuff with you. Maybe give some to the poor children out there in the world. And maybe your church, if you do go. But maybe, I don't know the best person to decide is the person who won it herself! So congrats!! I am soo happy for you! And your sis!
2006-10-25 15:14:33 · answer #3 · answered by ♥ღ...∂αηg3яσυѕℓу ιη ℓσν3...ღ♥ 5 · 0⤊ 0⤋
House and a car first with a new clear title to each and furnish the house.then talk to someone in investments to invest some and bank the rest to live off of.
2006-10-25 15:14:43 · answer #4 · answered by Anonymous · 0⤊ 0⤋
the most obvious thing is to buy a house so that she has a place to call home. Choose a good location so that the invetsment will appreciate in value over time. whatever left over can be used to buy a car and other stuffs.
2006-10-25 15:23:48 · answer #5 · answered by Peter_F 3 · 0⤊ 0⤋
Take 75% of it and invest wisely to increase that money. The other 25% use for whatever she wants to.
2006-10-25 15:11:50 · answer #6 · answered by mesierens 2 · 1⤊ 0⤋
spend 1/3 of it, save 1/3 of it (the interest/dividends will provide more income later) and give 1/3 of it away. This I have been told, is the wisest way to use your money
2006-10-25 15:15:49 · answer #7 · answered by magpie 6 · 0⤊ 0⤋
first pay off any debt. then talk to a financial adviser who can help her plan with investments, buying a house and a car. and if she has kids, plan for college.
2006-10-25 15:11:27 · answer #8 · answered by Anonymous · 1⤊ 0⤋
The best financial planners are at ubs..you can find them at www.ubs.com
I have a FP from there and he has helped me make more money with my money, and has helped me plan for the future.
2006-10-25 15:33:15 · answer #9 · answered by ValentineP 4 · 0⤊ 0⤋
buy what she needs, get or keep her job, and go talk to an investor and invest that money so she's never gotta be broke again
2006-10-25 15:22:50 · answer #10 · answered by skysmommy 2 · 0⤊ 0⤋
Save some,,,,Invest some....and spend some on things she really needs..
2006-10-25 15:11:29 · answer #11 · answered by Anonymous · 1⤊ 0⤋