I have inheritance money coming to me and not sure where to invest. Just don't want to put it in shares...
2007-03-27 14:17:32 · 10 answers · asked by fitMel 3 in Business & Finance ➔ Investing
I would go into business, smartly, and make more money. Or use it as a downpayment on a house, usually house markets don't crash, or if they do it's not for long, so the money is stable in a house.
2007-03-27 14:25:35 · answer #1 · answered by Luis 6 · 0⤊ 0⤋
Put some of it in my retirement accounts 25%
Put some of it in my kids college funds 25%
Put some money away for the future home renovations 30%
Give some to charity 10%
Enjoy something now with my family 10% (nicer vacation, a vfew vanity items, a couple extra nice meals)
But first...set aside the money for the taxes
2007-03-27 15:14:14 · answer #2 · answered by jhistenes 2 · 0⤊ 0⤋
Stock market is high, economy is okay but housing is going to pull down the economy and the market.
I would leave $50,000 in HSBC Direct's online saving to get 5.05% (6% for new money).
$15,000 in GLD (gold)
$35,000 in EEM (emerging market)
Demand from China and India will benefit the prices of gold and oil.
EEM is the future, more poor countries like India, China, Brazil, and other developing countries will be like U.S. in the next 20 years.
Open an account with TDAmeritrade, put down my referral number 784671304. Thanks.
2007-03-27 15:40:48 · answer #3 · answered by Anonymous · 0⤊ 0⤋
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2007-03-29 00:25:24 · answer #4 · answered by Anonymous · 0⤊ 1⤋
Pay off your bills. . . DO not buy a new car, do not buy a new home. . . you are making due with what you have. Put your money in your regular bank's savings account and let it sit until you are able to find completely safe CD's and money market accounts.
2007-03-27 15:09:44 · answer #5 · answered by Rocka 3 · 1⤊ 0⤋
$1,000,000.00 USD.
Open a brokerage account at E*Trade and invest in shares with my help.
I am a Portfolio Manager with over a decade of experience in the Stock Market and I will help you for FREE.
2007-03-27 15:08:19 · answer #6 · answered by Anonymous · 0⤊ 1⤋
No-load, low fee mutual funds or index funds.
Don't fall for some of the B.S. that some people will post such as gold, Greenland real estate, or comic books.
2007-03-27 14:23:42 · answer #7 · answered by FinanceMike 2 · 0⤊ 1⤋
wha twould i do with it? pay freakn bills of course, pay off my car first, good luck to you though, sounds like youve got a great plan for it, unfortunately, 100,000 isnt alot of money today, so be careful.
2007-03-27 14:27:15 · answer #8 · answered by imamom 3 · 0⤊ 0⤋
give it to poor, especially me.
2007-03-27 14:28:59 · answer #9 · answered by greency 3 · 0⤊ 1⤋
have it twerk it pop it shake it
2007-03-27 14:25:42 · answer #10 · answered by PINK 2 · 0⤊ 1⤋