Would you invest the money, if so, with who and how (Funds, stocks, etc), or would you buy an investment, such as Real Estate, property, etc, if so where and how would you go about it?
2007-06-05 05:09:33 · 6 answers · asked by QueenKingKatLizard 1 in Business & Finance ➔ Investing
If that was my money, I would take twenty five percent(if you do not have a emergency fund) put it in the bank or money market(something liquid) fund for emergency's and invest the rest in mutual funds because they are diversified. There are a lot of good mutual funds out there you need to speak to financial adviser who has at least 10yrs experience in that area.Depending on your risk tolerance he/she can direct you to the right funds. Real Estate I would not invest in because it is not liquid and really is not as good of a investment as people think.There is a lot of expenses with a home also today's market for homes is poor for the seller. The stock has historically beat any other investment out there and also outpaces inflation. If you need a home put as little down as you can and invest the rest.
2007-06-05 05:46:38 · answer #1 · answered by Allan G 2 · 0⤊ 0⤋
1. How old are you?
2. What tax bracket are you in?
3. Do you have a retirement plan? (IRA, Keough)
4. Do you need the income?
These are just a few questions you should ask yourself.
Incidently, if real estate is high in your mind, you may think about investing in a REIT (stock market)
They pay good dividends, which I would recommend re-investing.
I also believe you should diversify your funds.
2007-06-05 12:29:43 · answer #2 · answered by Buzzy 6 · 0⤊ 0⤋
If you are going to talk about money at least make it enough to really get some attention.
Either one of those figures is quite small now. i have both and more but still watch the pennies.
Two and a half years ago i paid cash for a two bedroom house with a large kitchen and laundry area and three baths.
Anything below one million is a small change item.
No I am not rich at all and do watch the pennies.
2007-06-05 12:24:10 · answer #3 · answered by Anonymous · 0⤊ 1⤋
depends on the timing of my windfall and which markets were best bet at that time. at this time i would probably go with good, safe, long term stocks. maybe even bonds. real estate is appealing because i like to fix up houses for re sale but not at this time, (if it's my money).
2007-06-05 12:25:35 · answer #4 · answered by Anonymous · 0⤊ 0⤋
First. Pay off credit cards.
Second. Fully fund your 401K especially if they match any
of your contribution. All in index funds.
Third. Invest in getting smarter.
2007-06-07 22:55:34 · answer #5 · answered by sm4125 3 · 0⤊ 0⤋
Stocks.
2007-06-05 12:17:21 · answer #6 · answered by felix8462 4 · 0⤊ 0⤋