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If you earned US$200 000 a year (tax free), and had no personal debt (apart from a small mortgage on your home), what would you do with your money?

2007-01-07 23:55:45 · 5 answers · asked by Anonymous in Business & Finance Investing

PS I'm Australian......

2007-01-08 03:17:11 · update #1

And live in Australia (6 months of the year anyway)

2007-01-08 03:17:53 · update #2

Zebra, I have worked hard all my life to get to this position! I'm 39 yrs old & spend more than 6 months of every year working abroad, away from my family. I've also worked the last 6 Xmas's in a row. Why would you hate someone who's made a good life for themselves & their family through hard work??? BTW, I work for an American oil company in northern Africa...

2007-01-08 16:25:06 · update #3

5 answers

Invest
in real estate

2007-01-08 00:04:29 · answer #1 · answered by Shubho 4 · 1 0

Tax free? Wow.

There are three directions for your enviable discretionary funds: (1) investing, (2) charitable contributions, and (3) some very comfortable living. One of the things I've always wished I could do, I noticed when visiting some really good public attractions. For instance, all the way from the San Diego Zoo to the Oklahoma City Cowboy Hall of Fame, there are special donor groups that get the comfortable 'Ritzy' treatment. There often is a special dining facility for the donor VIPs. Back when I had a certain American Express card, in better times for me personally, there were perks that ran from Super Bowl tickets to Concert tickets with backstage photo ops.

So, put some to work for profit, put some to work for good, and with some, certainly enjoy it.

"Every man should eat and drink, and enjoy the good of all his labour, it is the gift of God." Ecclesiastes 3:13 (See also 9:10-12)

2007-01-08 11:02:11 · answer #2 · answered by Rabbit 7 · 0 1

Invest in real estate ( income properties) and put nice lumps in the markets Big, safe U.S. and Global mutual funds.
Go to a Fidelity website...call and get a personal advisor to send you a zillion things to read before you get invested.....but don't put it off forever! Best of luck.

2007-01-08 10:44:36 · answer #3 · answered by jebediabartlett 6 · 0 1

invest silly i hate people who make that kind of money and have like 20 k worh of bills for the year and dont save there money and retire early

2007-01-08 19:31:41 · answer #4 · answered by Anonymous · 0 1

I would invest in shares and Forex trading to get more profit.

http://money-review-site.com/investment.html

2007-01-08 15:40:40 · answer #5 · answered by Anonymous · 0 0

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