What would you do with $191,000?

Answer 1

Invest the money but with a lot of precaution, you may loose your money. and try to save it.

Answer 2

I would put 100,000 of it into a FDIC insured bank CD, for one year term paying approximately 5.25% per annum. That way you are guaranteed to get your money back, plus 5,250 dollars in interest (actually a little more than that, when you include a bit of compounding).

With the remaining 91,000, I would buy 5,000 dollars worth of precious metals in the form of gold, platinum, and silver coins and put them in a safe deposit box. That would leave 86,000 dollars left over....

With the leftover 86 grand, I would divide it amongst a diverse batch of stocks and mutual funds (too many to name individually here), but I would probably focus on tech stocks and defense related stocks, since I think that's where the money is to be made in the coming year. However, there is an assumed risk in stock investing, so that's why I would have the safety of the aforementioned CD and the precious metals, as an insurance policy.

*But, if you have any existing debts that can be extinguished with any or all of that money, I would do that first!

Good night, and good luck. Col. Kurtz

Answer 3

What I would do, since I favor investing in the stock market, is buy a select number Blue Chip stocks and closed-end bond funds. Right now, these are two classes of investments that should outperform most other sectors for the next six months, plus, they are extremely liquid.

I would buy into both Google (200 shares) and Apple (400 shares) after their prices fall 15-20%, and hold them both until they peak again.

Combining the tech stocks with my blue chips, I should be able to put $500,000 into a real estate deal in three years or less!

Hawk

Answer 4

depends on your situation. pay off your debt first. then, depending on your risk tolerance, put some money into stocks, mutual funds, and bonds. i would open a roth or traditional IRA for your retirement, fund them both for this year, and use the rest towards the purchase of the aforementioned portfolio. investment returns will always beat the real estate market if you know what you're doing, (real estate appreciates about 3-5% a yr., stocks alone this past year have returned 12%.)

If you've just come into the money, it's easy to find a financial advisor these days and they will help you allocate your investments.

Answer 5

If you look at the S&P500 (see it at businessweek.com) and go to their scoreboard, then sort it by profits you will get a list like this: XOM, C, GE, BAC, CVX, COP, MSFT, JPM, WMT, MO (if you want to dump a couple of oil companies, try substituting JNJ and PFE, the next two down). Then divide your money among the 10 you decide on. Most of them (Microsoft excluded) pay a decent dividend as well. I did that in a portfolio for about half of last year and it went up almost 40 percent.

Answer 6

That's the amount I need to buy a nice 3 or 4 bedrooms house after I sell my small unit house where I currently live in right now. Would you lend me ?

Answer 7

Use a little to buy a fuel-efficient car like the Prius. Then you could try investing in silver. Ebay is a great place to start.

Answer 8

hm pay my debt which is 20k and buy a 2007 grand chrk srt-8 for 44k and then invest the rest for a retirement in the near future

Answer 9

Invest it in postively geared real estate and I'd use some of it for capital gains investments like exchange traded derivatives and futures.

Answer 10

I'd rather invest it in Real invest. No lost, instead its a investment. It will not depreciate or fluctuate like the stocks. If you're interested just email me.