2007-03-08 16:32:31 · 12 answers · asked by dato tan 1 in Business & Finance ➔ Personal Finance
I would highly consider investing it since I know you are not going to blow it all off in just one year. If you did, then no one can help you.
If you are going to invest it, I would do a investment risk analysis on you. From there, I can pick appropriate investments that is suitable to your investment objective. Hopefully this $200,000 will last as long as possible as you continue to withdraw money. (if you put the money in an variable annuity, you are guaranteed income for life!)
2007-03-08 16:40:56 · answer #1 · answered by Anonymous · 4⤊ 0⤋
You need to be able to feel confident about the capability and service that you will receive from the person who advises you on this.
Ask trusted friends and family for recommedations of an invetment advisor or financial planner they trust. The best people to ask are ones that are already actively and successfully investing with a professional financial planner.
For an elder client most financial advisors would recommend a conservative investment program - conserve principal and yield dividends or moderate appreciation.
2007-03-09 00:48:35 · answer #2 · answered by tc 2 · 0⤊ 0⤋
Seems like a good situation for a "ladder of bonds".
Bonds can be risky if you sell them before maturity, because their value flucuates. But if you hold them to maturity they are safe (government bonds are even safer).
I would split the money up and buy bonds that mature in staggered intervals - depending on when you want to retire. If you want to retire at 65, buy $20,000 in bonds that mature in 5 years, $20,000 in 6 year bonds, $20,000 in 7 years, etc. You'll get a relatively high yield and be protected against flucuations in the bond prices.
2007-03-09 11:32:30 · answer #3 · answered by Quixotic 3 · 0⤊ 0⤋
Low risk mutual funds and bond funds. I agree with the previous answer. Wait for SS and go from there.
2007-03-09 00:40:39 · answer #4 · answered by rey m 2 · 0⤊ 0⤋
pay off your bills and have some fun... invest if your worried about the furture, but invest with a firm youve heard about,. and has a good reputation.NEVER ever invest with a friend who knows a guy...
2007-03-09 00:46:16 · answer #5 · answered by s p 4 · 0⤊ 0⤋
Certificate of deposits, look for a high yield... Make sure its a reputiable bank, and FDIC insured. thats just my opinion..
2007-03-09 00:41:49 · answer #6 · answered by Rain L 5 · 0⤊ 0⤋
Donate some to me on www.myfreeimplants.com chocolate is the name to look for!
2007-03-12 21:24:55 · answer #7 · answered by Anonymous · 0⤊ 0⤋
invest in some developing country , u will have luxry life there
2007-03-09 03:43:42 · answer #8 · answered by ex_m. thank God 2 · 0⤊ 0⤋
TWO YEARS FROM SOCIAL SECURITY.
INVEST MUTUAL FUNDS / MONEY MARKET AND LIVE OFF INTEREST AND WAIT FOR SS CHECKS TO ROLL IN.
YOU'LL LIVE VERY WELL -VERY WELL.
2007-03-09 00:38:31 · answer #9 · answered by cork 7 · 1⤊ 0⤋
Keep some and give the rest to me.....
2007-03-09 01:21:01 · answer #10 · answered by Anonymous · 0⤊ 0⤋