Short answer, I wouldn't worry about the highest return. Highest return = highest risk. Look for investments that give good returns with relatively lower risk. An AVERAGE mutual fund would return $25K to $30K on that amount. Whatever you do, spread the money among no less than 5 separate investments.
2007-09-29 16:09:33
·
answer #1
·
answered by STEVEN F 7
·
0⤊
0⤋
I'm going to try and school you on this one. IF the very least I do is make you raise an eyebrow, and truely go, HHMMM, I'll feel good. I'm old school, and NOT in my 20's. But I'm getting by. I would NEVER, ON my MOM'S grave, put ANY money in ANY STOCK, OPTIONS, or anything of the like. I've been conditioned to quicker results. Everybody has a deep, hidden talent. MINE, is 33 and 45 collectable records. I'm going to let you know now, knowledge that we all have. I'm doing great. Why, 2 reasons. First, record players have been re-invented. The FIRST. IF, you desire to hear ANY vinyl music from records, they sell lazer players. Looks like a DVD player. Scratches, scuffs, no matter. Lazer only reads what's in the grooves. PURE, stereo HIFI. THAT. increases record sales. SECOND, here's the BIG kicker. They've got a SPECIAL record player, that interfaces with your PC. Get out that dusty vinyl and put it on CD, OFF you computer!! DO you realize how many old tracks are going to be REBORN?? Bottom line. BACK to your question. I live in the Mid-West. My life is Vinyl. There's lot's of it. I'm selling it. I KNOW buy prices, AND what it will bring. What's the most amazing?? NO, I don't have $250,000. But you know what?? I probably will, soon. I accept ANY E-mails, to discuss records, and music of vinyl. I'll share my ideas. Peace. Dennis B.
2007-09-29 14:36:40
·
answer #2
·
answered by Dennis B 5
·
0⤊
2⤋