I would take $100,000 of that money and put it in a high yield savings (Remember banks only insure up to $100K) - that money should gain you about $400.00 a month. Put the other $40,000 in a CD and let that grow. Don't ever put your eggs in one basket, you could lose it all.
Good Luck.
2007-09-07 02:07:13
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answer #1
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answered by Wanna-be-Dear-Abby 3
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Invest a chunk in a mix of safer municipal bonds and moderately risky higher yield stocks. Check out Ariel funds and books by Suze Orman about how to grow your money . You're right about restaurants, a quick way to make an investment disappear. Save a chunk for a rainy day. When you get extra funds, like you get a raise or finish paying off a car, pretend you still have the payment and slam it into savings. Take advantage of the money you have to build on it faster.
2007-09-07 02:10:00
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answer #2
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answered by Anonymous
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start a business that you may have been interested in, in the past.
shares? risky business though
if i had 140,000 i would put it into real estate as its an easy way to make money. Well maybe not in the US.
what about a recruitment agency? a company will pay you to find someone to fill a position at their company. Big companies normally like this as they don't have time to being running around looking for people when they can just pay someone else to do it. Over in the UK if you get into the business right companies pay over £40,000 just for you to find one person. Although it is hard work.
2007-09-07 02:15:40
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answer #3
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answered by Anonymous
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Devise a plan and stick with it, thick or thin.
That plan should consist of a mixture of stocks and bonds, which you gradually and periodically purchase through an established plan, preferably from your employer.
Be very careful that you investigate the plan before signing anything which you would agree to purchasing on a weekly or montly basis.
With this sum of money, I would place most in a secure instrument, such as a bank C.D. or bond fund, and then draw upon it for purchases on that periodic basis I mentioned.
If you want to get some knowledge of the stock market, then open an account with a good discount broker and have them set up the plan for you.
Good luck, and see me in ten years time to evaluate your success.
2007-09-07 02:08:26
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answer #4
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answered by Anonymous
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Employ an Investment Banker
2007-09-07 02:23:50
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answer #5
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answered by divepassion 2
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I agree with the guy who questions why you would ask this on yahoo. I am also intrigued why you would exclude property. Investing is about return. If you know how to pick a good property (and this isn't rocket science) you are less likely to fail than withe any other method of investing and will likely make more money.
2007-09-07 04:40:03
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answer #6
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answered by micha19702007 1
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Open a brokerage account at Fidelity and invest in the Stock Market with the help of a Portfolio Manager with over a decade of experience in the Stock Markets like myself.
2007-09-07 14:02:36
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answer #7
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answered by Anonymous
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I can't believe you are asking that question on Yahoo Answers? There are too many factors that would come in to play before that question could be addressed properly.
How old are you?
Are you counting on the money to generate income, or is it for your retirement?
How much risk if any are you willing to take?
I can go on and on. Speak to a good financial planer. Don't take advice here.
2007-09-07 02:12:30
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answer #8
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answered by loancareer 3
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particularly a consumers industry precise now. i could purchase like loopy and carry for some years in case you could and notice if it is going up. residing house expenses precise now are what you may assume contained in the 70s or 80. each and all the appreciation that had taken place over the final 20 or greater years have evaporated. i understand, because of the fact i'm attempting to sell a house in Cleveland Ohio. I orignally placed the residing house on the marketplace for $one hundred ten,000. Its been on the marketplace for over 8 months now and that i've got had to decrease it to $80,000 by using financial gadget and different issues. I additionally does no longer opt to hire to every person, no longer until you reside precise around the corner. those human beings, a number of them besides will tear your place to shreds. And, the guidelines do no longer prefer the rentor, they like the renter. in case you hire to a female and she or he gets pregant, and she or he refuses to pay the hire, you could no longer evict her until shes' had that infant, meaning your out of success for no less than 8 months. additionally, your unlikely to arise to you think of you need to get in as some distance because of the fact the quantity of hire. With the great quantity of properties that are for hire recently, you will get much less then you certainly think of.
2016-10-04 03:39:49
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answer #9
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answered by teresa 4
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If you have five to seven years(without touching it) I would suggest the Vanguard S&P 500 Index fund. Go to Vanguard.com and look around. If you need it within five years use a good money market fund
2007-09-07 02:09:36
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answer #10
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answered by Bob W 5
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