Desdamona
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At least start a small portfolio, or buy cds or bonds. Leave the mortgage alone, if you can afford to, maybe refinance with a larger down payment, as this will cut your monthly payments.
This is a nest egg! A good one!!!
Besides, the market is in the soup, time to buy those stocks!!
Good for you!!!! But, as well, get professional advice, from more than one broker! |
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Ani S
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Um....I really wouldn't recommend using yahoo answers for such an important question. But in today's economy you want to make sure you have money put away. I say put $100K in a savings account "just in case," and spend the rest on paying off what you owe. I really wouldn't recommend investing in anything now since the market is just crazy and going up and down. GOOD LUCK!!! |
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zeemanuk2003
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invest in the next 2 superpowers. India or China. Or the property market in the Middle East i.e. Dubai.
Do the monthly ting |
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Stone Cold Steve Austin
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Yes. |
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Patrick S
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pay off dept, invest the remaining. |
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mythumbhurts
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I would pay off any outstanding debt. This is most important--that is real and can't be lost or taking away. Then put away 30-50k like the other poster said in savings account. ING.com pays 2.5% interest on it. Then take the rest and put it into a world index mutual fund. This way, you are buying the entire market and not betting on a single stock. Yes, it could go down a bit more, but generally doubles as does the economy every ten years. The fact that the values of the funds are down is good for you as you can purchase more of the funds. Most Americans bought houses and stocks high. Buy now, but buy safe. Buy index funds of many companies together. If you are under 50 years old, this is the way to go. Buy low and it will go up. Go to clarkhoward.com and click on investment link. He gives good advice--has a national radio program. If you do invest, don't pay anyone to do it for you. Do it simple and yourself. Vanguard is a good place to do this, don't pay fees. |
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hughwj_06
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I would go debt free |
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corp_752000
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If u have no payments on anything u can recoup the 300k in a few years. Put 30-50k in a savings account for emergencies and pay off what u can with the rest. Then take the monthly payments u were making and put that in a savings accout. Pretty soon u will have the 300k back but u will be outta debt. |
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altmonkey101
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It would be smart to pay off some of your debt but not all at once. You may want to save some for a down payment on a house then use you paychecks to finish the rest. |
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lisadirect
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Real Estate! Even in a down market, a savvy investor can make you massive returns in a very short amount of time. Its very low risk as well since your investments will be secured by real estate. All other investments you will NOT have control over.
I use this company myself and participate in the short sale funding program as it has the quickest returns:
http://www.scbuyshouses.com/forms/index.cfm?id=85127 |
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Lafg M
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invest it, bonds are safe. you can save it for when you need it most, or pay off your debts. its really up to you. =) |
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THE PROSPER & WONDER
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invest and reinvest... to maximum available bonds... you are smart.. do forex... may you prosper better. |
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iNelson
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Pez is awesome! |
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Papa Murphy
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Ask a professional not people on yahoo answers. |
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i did It 4 teh lulz
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Buy 300,000 sticks of pez. |
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Kevin R
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Well i'm 42 and debt free. Actually I owe less than 4,000. 15 years ago I owed over 325,000. So, I say if you are under forty invest wisely. Let investments pay off debt. |
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Charli
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In the bank with an Interest rate...with this economy I wouldn't start a business, or I'd b very careful!! I would say buy a couple cheap houses and wait for the housing market to recover but it could be years. If you put 300k in the bank with even a 1% interest rate per month, thats 3k a month!! Not bad, and safe, and guaranteed. |
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Callaway J
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Keep your debt under the limit that payable for you. Then look for some smart ways to invest. |
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Chris W
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I agree. Go buy pez. |
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Vu H
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refinance. I would probably buy a house that is out for auction. There are houses by me valued at 600k going for 250k. Rent it. And when economy recovers then you sell. Or you can put it into CD or ur savings account and make nothing. But dont do payments now interest rates are at an all time low |
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Island Gurl 79
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Go see a financial advisor. For sure do this! They will help you out so you're not left with zilch. |
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Serious M
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google for HSFX Asset Management , and make 3% to 10% or more consistent monthly. |
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jose l
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I know someone who invested 300k on some high grade bonds with 9% return to supplement his income an for 20 years he got 27000 a year return on interest an at the end he got all his money back so if you can do the same why not him sure this will help you have a better life an don't forget some life insurance even if it is term stay away from a vul |
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R-Man NW10
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invest it bro,
u can buy ingrediants for 300k combine dem ingrediants and bang u got sumtin special bro,
get dat on the street n u got urself like a 500% return,
just dnt get busted wit all dat crack tho lol |
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