I have a lot of money and i was wondering what u think i should use it for? does anyone have any good ideas? no stupid answers.
2007-11-02 13:14:55 · 7 answers · asked by partay! 2 in Business & Finance ➔ Personal Finance
P.S. i am only 13 and a girl
and a lot of money is like 400 buckaroos
2007-11-02 16:06:07 · update #1
If you don't have one...open a savings account and drop $200.00 into it...put the other $200.00 in your pocket.
You're 13 years old, you'll figure out something to do with $200.00
Whenever you get money 1/2 in the bank 1/2 in your pocket. Makes for a nice savings as you get older.
2007-11-02 19:47:34 · answer #1 · answered by Paul C 3 · 0⤊ 0⤋
It depends on your definition of "a lot". Small amount put in bank, more put in CD. more think about a stock portfolio. Buying a good stock now could mean retirement very early. If you have enough land or real estate is good. Talk to someone you trust that has money. A boss or a teacher, or perhaps a friends parent, and get some advice. Be very wary of people who want to invest it for you. Money invested means not having to work as long. If you have enough an investment councilor would be a wise decision.
2007-11-02 13:27:52 · answer #2 · answered by G.T. Hildebrand 5 · 0⤊ 0⤋
Long distance courting will simplest figure out should you converse every day. THat must be the only quantity precedence factor whilst your in an extended distance courting. If that does not figure out , then this courting will finish finally someday. IF you wish to get a divorce with him then pass forward however dont get again with him/
2016-09-05 08:40:02 · answer #3 · answered by ? 4 · 0⤊ 0⤋
if u do not want to risk ur money into stocks ... than put ur money in a CD account at the bank.. like WAMU, Chase, etc. Basicaly u give the bank lets say $2,000 they lock that money for a year and give u like 6% interest for of it..
2007-11-02 13:19:40 · answer #4 · answered by Sabba 3 · 0⤊ 0⤋
I suggest you take it to a bank and don't touch it till you get older.
By the way, what's a "lot" of money?
2007-11-02 13:19:23 · answer #5 · answered by heart_and_troll 5 · 0⤊ 0⤋
Pay down debt. Invest the remaining money. Your finances will look great and you will be more secure in the future.
2007-11-02 13:22:30 · answer #6 · answered by sci55 5 · 0⤊ 0⤋
You can donate it to a nice charity. I heard that Bill Gates has started a wonderful charity, and Warren Buffet has donated billions to it already.
2007-11-02 14:05:50 · answer #7 · answered by Feeling Mutual 7 · 2⤊ 0⤋