I have $300K in CD's maturing in June, what would you do if you wanted to use it primarily for mortgage protection and retirement income?
2006-12-03 10:26:13 · 10 answers · asked by kaputt_18 2 in Business & Finance ➔ Investing
You make it sound like an easy question, but you have to consider more things. How long before you want to retire, is this all you have for retirement, how liquid do you want the money? As far as mortgage protection, I am assuming that you mean being able to use the money to make payments if something happens to you or your job?
There are much better places to put your money other than CD's but the right one for you depends on your situation. let me know
2006-12-03 12:16:32 · answer #1 · answered by financially sound 1 · 0⤊ 0⤋
Don't take my advice if you are not a seasoned investor. My advice is for those that know how to trade and avoid risk. However, you can see my watch list on my blog:
www.gmoolah.blogspot.com.
See post in Nov. titled watchlist. However I use an alternative investment strategy. I have been outlining this in a 3 part series entitled 'Creating investment cashflow'. I have yet to write part 3. I just wrote part 2 this weekend. Check it out and see if you have questions. Leave comments if you do. My techniques are nothing new, but have given me a return of 60% to 100% for the past few years. But, please you can lose if you are not careful. Be careful of getting advice off the internet. Also, though my techniques have made me money, I have a lot of experience. If you dont' know how to manage trades wisely, you can still lose easily.
2006-12-03 20:37:16 · answer #2 · answered by Ryan W 2 · 0⤊ 0⤋
What you do with your money for investing should be strongly correlated with two things: your interest in investing and your risk appetite. Monitoring investments is a full time job - the reason most retail investors lose money is because they don't realize this. If you can't stare at the news and the markets all the time, give the money to either a financial advisor, or (if you're lucky) a nice hedge fund/CTA (CTA = Commodity Trading Advisor).
For Arbitrage:
Arbitrage is taking advantage of market inefficiency. I would suggest your best bet is to be as aggressive as possible and try to secure about 1% returns in every trade by following strategies for risk arbitrage. It's tough, but getting data for this type of arbitrage is much easier than other strategies for arbitrage.
For investing:
Right now, you should probably be betting on increased future volatility. If you look at volatility indicators (indicators you either make on your own, or breaking down the VIX indicators), they're at all time lows. The best way to do this is through derivatives.
Safe Bets:
The safest bets you can make are with bonds of top rated institutions. Otherwise, hand your money to Warren Buffet's Berkshire Hathaway.
Handing Your Investments to Someone Else:
There are a lot of very good Financial Advisors these days. Any of the big names would be very safe bets - Ameriprise would be my preference because I know a friend who works there. Financial Advs can help you understand what it means to look at risk, returns and they can help you get the worries of investing out of your head... Even if you are a pro investor, it's always important to have someone to debate with and Financial Advs can be very useful for that.
If you want to take a bit more risk than that and know about hedge funds & etc., do a LOT of research before even considering talking to someone in a Hedge Fund about being an investor. While funds try to look reasonable - they are by definition shady because they are in the business of making more money out of money.
2006-12-03 18:50:10 · answer #3 · answered by comfortablesofa 1 · 0⤊ 0⤋
I would take 3/4 of it and get into a mutual fund within an IRA.
The remaining 1/4 I would divide up into individual stocks that I have done my homework on.
2006-12-03 20:00:26 · answer #4 · answered by Kitty 6 · 1⤊ 0⤋
Well I'd be investing in mortgage loans,short term money market Also be looking at health investment Pharmaceutical,medicine,Child care centres REmember don't put all your eggs in one basket
2006-12-03 18:53:44 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Go with Vanguard prime money market fund it pays about 5.10% and has low expenses. You can also write checks from your account if you need cash. This is better then a CD in my opinion.
2006-12-03 19:10:23 · answer #6 · answered by ? 6 · 0⤊ 0⤋
I would look at apartment buildings. I would then turn it over to a managment company.
Matt
http://www.diversifiedlender.com
http://www.homemortgageminnesota.com/
http://www.refinance-second-mortgage.biz
http://www.minnesota-mortgage-rates.net
2006-12-03 23:58:30 · answer #7 · answered by Matt J 3 · 0⤊ 0⤋
Real Estate or my kids college education.
2006-12-03 19:35:09 · answer #8 · answered by It's been a while........... 3 · 0⤊ 0⤋
Please click on http://www.4xmoneytrain.com
This is the best investment system I have seen.
2006-12-03 20:24:16 · answer #9 · answered by Anonymous · 0⤊ 0⤋
in CIX.UN
2006-12-03 21:41:58 · answer #10 · answered by Anonymous · 0⤊ 0⤋