Anna P
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Find a VERY good financial adviser, one in whom you have a lot of trust, and diversify your investments through them. It's best to get some advice from someone who gets paid not to sell but to give you some options for investments. Then, you can follow or not follow up with that person. Right now is a good time to be in some areas (but not all) of the stock market, but do NOT do this by yourself. You will pay some fees out of the dividends etc. so you only need to pay the upfront counseling session with a financial person.
Some of the other responses are good (most are not). What are your goals--are you single and want to accumulate wealth for awhile? With a family and need to shelter some money in a college 529 fund? That makes a huge difference in how a financial adviser will develop a plan for you. |
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guest00
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i would either invest in savings bonds, or put it in a savings account. |
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nagabhata
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Stock market index funds. Put it in an IRA. When you get the statements put them in a draw and FORGET ABOUT THEM. Do not pay attention to the ups and downs. |
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jennifer l
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Put it into a retirement fund...IRA you can talk to someone through H and R Block |
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ba
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Look into a high interest savings account such as ING |
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EJ
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A car or a house. And if you're interested in like.. having a convenient store or something. |
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Alex P
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Buy a home, there dirt cheap now and within 5 years their value will grow. I know 60,00 cant buy a house (in california)... |
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Ed S
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If you want to take risks, buy a property or play the stock market, or a safer version of it. But if you want a guarenteed profit, which may be small, put it in a solvent (stable) bank. |
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Benjamin
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What ever you do do not invest in a friends business unless he or she is a genius. |
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danny r
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WOW, how'd you save that much? I'd say cd's, mutual funds, stocks(if you know how to) |
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Jessica
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go to vegas naw just kidding lol. Buy property. open up a retirement account and buy some stocks |
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yahoooo
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Vacation home or put it in the bank and get intrest. |
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blonkat20
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Well i wouldnt mind if you put it in my savings account! I keep hold of it for you:)
Put it in a trustfund |
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anja:)
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college fund.
or kids college funds.
or save it and you might need it later!
or give it to me :) |
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Wes
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Stocks |
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Linda Jo V
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Real estate definitely!! |
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Miss E
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Find a reputable financial adviser (don't take the first one you meet, shop around and ask friends for referrals).
The stocks are pretty shaky right now so I would hold off on investing that way. Look into a high yield account like ING. |
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terpsman5
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you should put it in the bank and mayb just use it for emergencys i dunno :P |
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perfectlybaked
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Do not buy stocks.
Exchange it for its value in gold bars. They will only increase in value.
The trouble will be finding a safe place for it, and not getting "whacked" for it by even another family member.
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The Advocate
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If you will not need it for a while, try some Ford stock symbol F, give it a couple of years. Half there and half in bank CD,s there are some
4.5 % and 5% deals out there. |
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irsx02
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Come on, give us a bit more information.
If you want to retire in less than 5 years, then I would suggest buying bonds, CDs or putting into a money market. Reason? These investments are safe, stable and almost guaranteed.
If you're looking into retirement in 20+ years, then I would suggest buying mutual funds, index stock funds, and various long term stocks. Stocks can go down in the short term, but they always come back up and better than inflation in the long term. (Yes, long term means 20+ years)
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Jaxx
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Invest in Yahoo! Its value is going up since its declining lots of buyers who want to buy it.
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Kracker
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A CD in todays world will get you about 4%. You don't have enough to invest in RE, plus any residential rental business is a pain in the a$$. Trust me, I've been there. Residential rentals only work well on a large scale, 8 units or more. Renting a single family house can easily be a disaster. It takes close to a YEAR to evict a non paying renter. If a CD isn't your cup of tea, Bonds are the next best. Find a conservative financial advisor you trust. (yes there will be fees, good advice ain't free) tell him/her your goals & follow the most conservative advice he gives you. |
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David M
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First of all invest it slowly. No point putting it into the market all at once only to see it plummet right after you do it. Invest $2,000 a month and it will take 2-3 years to be fully invested. That way if the market drops, you'll buy some shares at cheaper prices. Where to invest it? Pick 3 or 4 diversified mutual funds that meet your risk appetite. I don't know how old you are, but assuming you're somewhat young, it should all be in stock funds. Some international, some growth & income, some small cap stocks and another fund which meets your appetite. Some of this should go into an IRA and if your employer offers a 401K you should put in at least as much to max out your employer match. Good luck. |
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Keluarga D
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i recommend you to try overnight income investment. i start with it. it more simple, even beginner can operate it. workable, profitable and no risk investment. your money grow daily. check it out at: |
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crownd
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either put it in a CD or realestate our economy is too crappy for anything else |
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Anjell
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If you're looking to invest it in stock or mutual funds, I'm sure you know that the markets are very volatile right now.
It's a great time to buy low if you're looking. You won't be making any significant returns for the time being.
What you may want to invest in as a hedge against the depleting market is not residential but commercial real estate. The average minimum subscription is $10,000.00. So you could buy a subscriptions with one company or allocate over several companies. Start with your local yellow pages under commercial real estate and have a look at their financials, previous annual returns and expected returns. Speak to a financial advisor for more details.
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Pam Cawley
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Well, you can invest it in your savings account if you really need it in the future. Because let's say your car is like on fire and you need a new car, well, there us your money. Plus, you can use it for your retirement fund. Just save it anyway you think you think you will need in the future. |
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ya7te7uja02
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The Couch Potato Portfolio is made for investors like you. You put half the money in the Vanguard Total Bond Market Index Fund and half in the Vanguard Total Stock Market Index Fund. This way, you are investing in the entire economy and therefore have a more stable investment. It is a simple strategy and produces very good returns.
There is a lot on the internet about this strategy. Here is a Google search: http://www.google.com/search?q=couch+potato+portfolio |
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rhi151223
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i have a question where didi u get it ?? |
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Andree Fowl
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real estate |
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tangue carlos
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thank's for your advices. see you later |
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