I made $100,000 on selling a house a while back. I want to take that money and invest it in something. What do you think is a good investment? Any suggestions?
2007-02-17 07:32:56 · 5 answers · asked by Anonymous in Business & Finance ➔ Investing
If the house wan't your primary residence - what is your tax liability on the sale? Check the link below.
Your first investment objective should be to diversify -
keep $20,000 in a money market account,
put $20,000 in a bond fund
put $20,000 in a stock index mutual fund
put $20,000 in a small growth stock fund
put $20,000 in a foreign equity fund.
Check morningstar for your options.
2007-02-17 07:57:40 · answer #1 · answered by rarguile 6 · 1⤊ 0⤋
To keep this simple, buy a life cyle fund (also called Target Fund or retirement funds).
The T. Rowe Price Retirement Funds offer you a single diversified portfolio that is professionally managed to a specific retirement date Investing in the Retirement Funds is easy. All you do is pick the fund that corresponds to the year closest to when you expect to retire or closest to the date when you will need to start withdrawing the money. The asset allocation of these funds become more conservative as you approach retirement.
For example, TR Price Retirement 2035 has 90% stock and 10% bonds/cash. It was up more than 16% in 2006.
TR Price Retirement 2010 has 63% stock and almost 40% bonds. Because this fund is more conservative, it took on less risk, and has lower return. In 2006, it was up almost 13%.
2007-02-17 15:03:08 · answer #2 · answered by Jack B 2 · 1⤊ 0⤋
relies upon on how previous you're. First, open an IRA account and plan on your destiny. next, open a 529 and plan for school. once you've youngsters, do an similar for them. when you're not any further a proprietor of a house, now will be an effective time to make investments in authentic sources considering sellers are slashing costs. come across a house you need to stay in, or per chance a multi kinfolk the position you need to stay and lease. that would take care of your destiny neccessities. With what's left over search for advice from a monetary consultant concerning stocks, bonds, mutual money, etc. in my view, i'd delight in a touch through taking a visit or throwing a banging get mutually...yet that is basically me. i'm particular you kept this money for another purpose. yet keep in suggestions, you are able to not take it with you so why no longer delight in it at the same time as you are able to. You not in any respect understand at the same time as your very last breath will be.
2016-12-04 07:30:00 · answer #3 · answered by ? 4 · 0⤊ 0⤋
This is the 2, answer,but different,that I have done to day.If ,for tax reasons, or if you know real estate re invest, ( My opinion is that real estate is on the decline, ) When you go to the markets you are entering a snake pit! Remember Brokers are only salesmen. C.D.s,only keep up with inflation. THE MARKET IS STILL IN A UP-TREND. Look at the new highs-new lows on yahoo's finance. when that turns neg,do not put money in the market.Try M.F.ds,or E.T.F.'s ( Exchange traded funds. ) Edward Jones. There is no simple answer to your Q. Go to yahoo finance ,Put in the following ticker symbols, Look at 3Mo,6M.1 year,5,year,charts for,ge,tasr,xom,rfmd,glw,plro.ob,mu,.M.F.ds mmubx,E.T.F.ds, uth.Explore,and make up your your on decision
2007-02-17 08:43:43 · answer #4 · answered by cr-bren 2 · 0⤊ 1⤋
It is an uncertain world. Consider buying gold, stock symbol IAU, and with uncertainties it rises, like it has recently.
2007-02-17 13:30:16 · answer #5 · answered by Rabbit 7 · 0⤊ 1⤋