Beau.Gus
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The very best (and safest) path for you to take would be to to go and talk to three or four "Financial Advisors" at local banks & brokerage houses; tell each of them you just "came into" $78,000 you need help investing and see how they treat you. In the scheme of things, $78,000 is nothing...if they treat your with respect and are helpful, you can trust them with the $785,000.
How the cash should be invested depends on your age and what goals you have for it, and a trustworthy advisor can help you with that. Unless you are over 60 already, just get up and leave if anyone mentions annuities... |
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Ronae
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You should get professional advice from a financial planner. |
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iGeek
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Stocks! And get those items you've always dreamt of having! |
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James M
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ASD is promising 1% daily, .5% on weekends for a little surfing online, looks promising, check it out. free to join! http://asdcashgenerator.com/?ref=27172 |
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zoya k
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foreclosures buying and selling houses its really the best time to do so http://answers.yahoo.com/question/index;_ylt=AoakHEadrBmfsZIRqwypEtbsy6IX;_ylv=3?qid=20080707064249AA5kr9v |
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sarah5
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stocks |
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J98
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You can donate to the Jameie fund! LOL! Congrats! How did you get that? Were you injured? WOW, I will probably never see that much money in my life time. I would say put half in a CD or IRA and take 25% of it on a nice vacation. Then invest when things start to pick up. Private Equity is always a great thing. I work for one now and they are still booming! Be careful now though, things are really bac stock wise... congrats! |
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Tari D
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I know of an entrepreneur who just started a small business he wants to expand. I have used his product which is a website updating tool that function much like writing up a word document. All the features look the same and makes the usability a breeze! You should go take a look at his website. Its ambidupdate.com. This is gonna be big!!! If I had just a few thousand in hand I would jump in on this early so I can have some good bargaining advantages since he has just opened up his investment program for small to medium investments....just check it out and give him a call. This was just FYI. |
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tazalaz
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Oh well, thats a huge settlement!! Congratulations. Definitely real estate!! Owning a couple of units/flats in a popular area (especially near a uni) is a very smart investment. |
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keving813
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a bank. |
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Dreaming Dead
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Me? You could invest it in me!!
Ok, ok maybe not. You can't blame a girl for trying!
Property? |
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chill
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oil futures |
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abradley57
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You could go annuity, but for the best increase in your nest egg along with some wonderful tax write offs to help you keep it all, I would buy some undervalued real estate. Maybe a commercial office building somewhere or an apartment complex or two. Use only what you need for a down payment and let the income make the payments for you. Write off the depreciation every year and, when it's paid off, you will have one very nice income coming in with very little effort. At that time, you can hire a property manager and retire. |
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