2007-12-29 02:33:01 · 10 answers · asked by astrocurious 2 in Business & Finance ➔ Personal Finance
I would make a down-payment on a house.
2007-12-29 02:41:00 · answer #1 · answered by love 6 · 0⤊ 0⤋
Assuming ZERO debt, including not having a mortgage, I would invest for retirement. $50, 000 invested now in a good mutual fund would be worth just under 1/2 a million in 20 years. That is really not enough to retire on, but is would help a lot.
2007-12-29 10:50:15 · answer #2 · answered by STEVEN F 7 · 0⤊ 0⤋
Investing is the best place to put cash. Depending on your risk tolerance or future needs, a Money Market Mutual Funds or a growth stock mutual fund would be my likely alternatives.
2007-12-29 11:06:02 · answer #3 · answered by Anonymous · 1⤊ 0⤋
Honestly speaking, i would not advise you to put your money in Bank. I rather you invest in business where you can get back your principle and interest montly.
Example: Principle amount 150000
Interest rate 3% PA
150000 x 3% = 4500 PA
If you invest for 5 years ---- 4500 x 5 years = 22500
Total amount --- 150000 + 22500 = 172500
Monthly return -- Principle + interest for 5 years
2500 + 375 = 2875
Invest with me, you will get monthly return till the end of your investment. Furthermore, there are no risk involved when investing with me. But with the bank, you can only get back your principle and interest by the end of your investment.
If you are interested the above, please do not hesitate to contact me, i am in Singapore. Email me. jeffangel@singnet.com.sg
Thank you.
Jeffrey
2007-12-30 02:34:16 · answer #4 · answered by Xiaopang 1 · 0⤊ 1⤋
Invest ! Invest! and Invest ! Use a first class international broker and advisor. With 50,000 or more there are quite a few good investments both long and short term that offer excellent high returns and or good growth.
2007-12-29 10:57:04 · answer #5 · answered by Anonymous · 1⤊ 0⤋
Take a trip to Las Vegas
2007-12-29 10:52:11 · answer #6 · answered by Anonymous · 0⤊ 0⤋
find a good investment til the likely recession is over and the dollar exchange rate to euro and or sterling is better then make money on a transfer to one of them and see what rates do later on and exchange it again
2007-12-29 10:41:40 · answer #7 · answered by Anonymous · 0⤊ 1⤋
invest 25000dollar in indian share market, 15000dollar invest in real estate, 10000 dollar in bank deposite.
2007-12-29 10:53:38 · answer #8 · answered by dnpatel 1 · 0⤊ 0⤋
Pay my bill off and go on a trip in our RV I can afford the gas then
2007-12-29 10:36:43 · answer #9 · answered by Anonymous · 0⤊ 0⤋
spend it
2007-12-29 10:40:23 · answer #10 · answered by dean m 3 · 0⤊ 0⤋