2007-02-25 08:12:25 · 3 answers · asked by dennis o 1 in Business & Finance ➔ Investing
I would put it in the stock market and/or real estate.
Good luck whatever you decide, and I hope you make lots of money.
2007-02-25 09:37:16 · answer #1 · answered by Patrick 5 · 0⤊ 0⤋
Set yourself up a financial plan.... invest some for the future in IRA's.... set some aside in savings/checking.....then with what's left you either get into real estate or into investing in mutual funds and/or stocks. Those are the two areas that have " created" wealth for the people in the U.S that are "comfortable" or "secure"
It is not hard to do ... a couple of days or weekends reading up on a few things...and you'll get SOME kind of idea, then you ACT on it.
Try a Kiplinger website to learn about mutual funds...
Or yahoo has a " finance" site
Moneycentral/msn.com has a " beginner's guide"
Or just log into Fidelity ...browse the info or call a rep, they won't be " hard-sell" and they will gladly send you other info you can read to figure out what to do.
Find a way to " make it work for you"....it's a snap once you get the hang of it...and you'll never regret it.Whatever you do, don't just let it sit! You'll find a "need" for it, or some way to spend it...and a great chance will be gone. Good luck.
P.S. After you get something going...we can go after the "high returns"
2007-02-25 18:07:39 · answer #2 · answered by jebediabartlett 6 · 0⤊ 0⤋
Cd's
Stock market
Invest in another company
2007-02-25 16:27:44 · answer #3 · answered by sweetsomething2003 2 · 0⤊ 0⤋