i have 200000 dollers and i don't have a house and i'm single. how can i finnance my money .?

Question

and one more thing , i have mounthly income 1500 doller net salary , i want secure monthly income

Answer 1

Based on your spelling, use of terms, and the way the question is framed, I do not think this is real but IF this is real, the FIRST thing you need to "invest in" is NOT THE stock market but EDUCATION. Having 200K is a tool that you can use to retire on but without eduation you will end up like 90% of lottery winners who win millions but are dead broke in 10 years.
Also you have not included what your debt is, what your cost of living is, what your skills are, what state or country you live in, what your tax rate is, how you got 200K and all of this needs to be considered when investing funds.
The stock market is NOT a great place to invest money because you have little or NO control over how it is invested if in a mutual fund, do not have the skills needed to determine if the stock you are buying is a good investment; do you KNOW how to read a business financial statement, a profit and loss statement, or evaluate a business plan?
I would HIGHLY recommend that you put the 200K into a savings account or a CD for a year or 2; buy books or attend classes on real estate investing.
There are several reasons that I recommend real estate and the first being you said you do not own a house. You HAVE to be living somewhere and if you do not own then you must be paying rent. IF you live in the USA and have cash, now is a great time to be buying property IF done in the right way, for the right reasons, and with the right loan package. You can live in your house for 2 years and then claim a TAXFREE gain on the profits up to 250K. Anybody want to tell me how to get TAXFREE gains out of the stock market? AND you can control the investment by deciding when, where, how much to invest, what your monthly expenses will be.
This allows you to REDUCE your monthly expenses, ( rent GONE versus house payment deductible on tax return and equity build up in house) leverage your purchasing power,(will anybody LOAN you money to buy stocks with 10% down?), and to buy the house at a STEEP discount to the avg. market price,(foreclosure houses going for 60% of market value versus stocks ALWAYS sell at market value).
Take the amount you are currently paying for rent and find a house or condo you can pay for with the same or lower monthly payment and use PART of the 200K as a down payment and keep most of those funds in the bank for repairs, emergencies, and to reinvest in future rental properties WHEN you have a greater knowledge of the market and skills needed to do this safely and profitable.

Answer 2

Boy...You have no idea how much I've thought about that question. We bought 22 acres about 7 years ago and built a tiny "mother in laws" house with plans to build a bigger home at a later time. We own two contracting companies, Natural Stone Fabrication and the other w/ a contractor's license does installations. We also own a nice Italian Restaurant. Need I say what the housing crisis has done to our contracting companies...ditto with the restaurant because NO ONE is spending right now. I would just build a one level three bedroom, three bath home with a huge backyard for the kids. Right now the kids share our bedroom and it's horrible. Our wood fence blew down during the Santa Ana's and we don't have the money to re-build it. I can't get a break from these kids to save my soul. I even had Mike cut my hair because it's too much of a hassle to get someone up hear to babysit for an hour to get my hair cut. YOU SHOULD SEE MY HAIR! OH MY LORD! *roflmao* I don't know if that's maniacal laughter or the laughter of lost causes!

Answer 3

To be honest with you, there are a lot of possibilities. In addition, there are several factors and needs that need to be considered:
etc- Do you have a college degree, job, car?

What I would recommend based on your given information is as follows:

Budget your monthly salary to cover the cost of living and basic needs. For now, it sounds like an apartment in the $600-$700 a month range would be the best option for you. The additional money could be used for utilities, food and beverage, gasoline, etc.

Once you have done this, the best thing you could probably do with your 200k is to invest it, and make it larger. Call a stock broker, or do some research, pick some stock and invest your money. If your not interested, at least put it in the bank, so that you can earn interest on it. Realisticly, you are not going to invest the entire 200k, so what might you do with the rest of the money. Again, several factors have to be considered here, but I would put money towards paying off debts, education, children/family, and personal transportation.

For a detailed assesment on what you should do with your money, you should try finding a reputable financial advisor or accountant in your local area, and have them create a financial plan for you. This is probably the safest option.

Hope my answer helped,
E.B.

Answer 4

200K is not enough to live securely on. take the money, put 80% into a stock mutual fund (like Vanguard or Fidelity) and put 20% into a bond mutual fund (same companies). Leave the money there for 30 years. if they earn an 8% return (not unreasonable) - you will have $2M - not bad.......

you will have more if you pay into this scheme. get a better job, increase your income...save your money....

Answer 5

$1500/month = $18000/year. If that is your net, your gross is under $25,000. At that rate, you would have to work 8 years to gross $200,000. Therefore I am forced to conclude one of 3 things. A. You make more than you claim. B. You don't have anywhere close to $200,000. C. You have already proven you know how to invest your money. In any of the above scenarios, your question is a LIE.

Answer 6

Buy a house and invest. Get rich. Start a life.

Answer 7

Donate the money to a charity or Orphange. God will bless you.

Answer 8

you need to invest on the market and get richer.

Answer 9

buy a stock portfolio