2007-10-30 12:48:47 · 5 answers · asked by candido g 1 in Business & Finance ➔ Personal Finance
Index funds and/or CDs. It really depends on your age. The closer you are to retirement the more you need to look at more conservative investments like CDs and bonds. But if you are young you might think about index funds. I'll post some links of ones I use and some others that have low maintenance fees. Check your bank for current CD rates and terms. Aim for at least a 5% return.
You might also go to your public library and look in their finance section (330s of the Dewey Classification System - yeah, I'm a librarian that's why I know that :) ) to see if they have any good books to help you on investing this money. Good luck!
2007-10-30 14:33:20 · answer #1 · answered by voluntarheel 5 · 0⤊ 0⤋
insufficient information
you need to prepare a comprehensive lifetime investment plan to get a useful answer. Any salesman who tells you different is a shark looking for a fat commission at your expense.
2007-10-30 19:55:59 · answer #2 · answered by Spock (rhp) 7 · 0⤊ 0⤋
A few mutual funds. Depends on your time horizon and tolerance for risk.
2007-10-30 19:52:02 · answer #3 · answered by Carlos R 5 · 0⤊ 0⤋
Buy the best property you can for the money and collect rents.
2007-10-30 20:50:51 · answer #4 · answered by Anonymous · 0⤊ 0⤋
vehicle? Real Estate
2007-10-30 19:54:32 · answer #5 · answered by Anonymous · 0⤊ 0⤋