I don't know much about banks and all but, I have a couple of funds in CD's, I take out the interest earned and go on vacation or something. If someday I were to win $600,000, what's the best way to get the highest interest?
2007-03-12 04:37:01 · 3 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
Before you start to invest or spend it, realize just how much you will have to pay in taxes (probably about a third).
2007-03-12 04:51:54 · answer #1 · answered by Anonymous · 0⤊ 0⤋
There are too many possible answers to your question, and all are determined, by factors such as age, life expectancy, interest rates, risk tolerance etc.
If you won any big amount of money, you should go to a financial planner and have your whole financial life set up properly.
2007-03-12 11:55:34 · answer #2 · answered by bob shark 7 · 0⤊ 0⤋
move to a different country.
with that money, you can live anywhere in asia the rest of your life without working.
in most parts of the world too
2007-03-12 11:45:09 · answer #3 · answered by John Becker 5 · 0⤊ 0⤋