 What should i do with my money? |
| i'm 20 and worked hard to make something of myself. i'm earning way too much money and don't know what to do with it. i'm sure i'll retire by the time i'm 35.... |
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 What is the best thing to do with 80 grand ?? |
Im leaving the property market.... dont yell at me..
and need something to turn my money into more money QUICKLY
ive searched for liquidated stock, ebay, bonds etc no good to long term. TH... |
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 How should I invest my student loan money? |
I am going to be getting a student loan check next month. But i want to invest most of it.
I was thinking of buying a bunch of short term CDs that would mature every month or so to give me ... |
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 Need some tips making money making money in the winter? |
I need some tips, ages 10-14 on how to make good money (not from own parents) this winter, by Christmas 2006, thanks a bunch!
Additional Details
By christmas 2007 i need some money not ... |
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 I have a few million dollars, what to do with them? |
| I can only eat and sleep right? I got this from my uncle, i did not know him much and i dont need the money to feel good. What to do with them? Invest for next generation or send it all to salvation ... |
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 I am coming into a chunk of money... about $20,000+. Any suggestions on how to best invest this money? |
| I am recovering from a messy divorce that has left me with bad credit, no retirement money and depleted savings. I am 38 and need to get back onto my feet soon. I live in San Diego Ca, where the ... |
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 $12,000 what to do? |
| If you had $12,000 how would you use it to make more ... |
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 Smartest way to put $300K to work ? |
| Does it make more sense to pay off some big debt (house, school) and be left with zilch within a week, or invest it,or just use it to pay down monthly bills for several years and squirrel away my ... |
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 I just bought WAMUQ.PK...Did I just do something really, really, stupid? |
I don't know too much about stocks, I don't do stocks to get rich. I barely have any money in my portfolio.
I bought WAMUQ.PK today, because thats all Sharebuilders offered when I went ... |
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 Why are Pyramid Schemes illegal? |
| Is it because of it's like gambling??... |
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 If you had 650,000 Pounds in cash, where would you invest it for best return, other than property? |
| A windfall of 600,000 Pounds! Where should I invest it for quick and handsome returns, but not in property as I have a couple of properties already?... |
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pazuzusjc | What to do with 20,000 USD? |
I have been awarded 20,000 and wanted some suggestions on what to do with it. I am clueless about investing and for the past year or so been living pay check to pay check. I have no savings, nor cd's, nor IRA or 401k, nada, help! |
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gabound75
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Take 5 thousand and pay off/pay down some bills
Take 10 thousand and put it into a savings account
Take 2 grand and open an IRA
Take 2 grand and get a CD
Take 1 grand and go have fun with it - do whatever you want |
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donna_scouts
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If you have any credit cards, your best bet is to pay them off to get rid of the interest you are paying. If not, then I would suggest putting it into a savings account at your bank with a high interest return rate. |
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RK
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consult a professional financial adviser, not us yahoos |
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James B
 |
20k is a great sum of money to have dropped on you. However you'll soon find out it's not too much.
First thing you should do is go to your bank and talk to a financial adviser on how best to spend your money. He'll give you the spectrum on investments from very low risk and low Return On Investment to very high risk with great ROI.
My plans of attack (though not sure which one I would take) would follow like this:
TThe first would be to get yourself out of all debt and start with a clean slate. Though, if you are in debt, your past behaviors will probably return quite quickly and you'll find yourself in debt again very soon.
With the remainder of your money buy yourself something nice and then drop the rest into a time deposit at your bank. If you drop 15k into a time-deposit and let it sit for three years you'll double your money and have a nice chuck of change to either buy a car or put a down payment on a house.
The return on investment is low but your money is safe.
The second plan of action would be the "change your life" route of thought. 20k is enough to do just about anything for a short period of time.
You could start up a small business, on the internet or in a shop. Though you should be passionate about whatever you start.
Travel the world, though you'd have to budget.
Change your career path.
Go back to school.
Put a down payment on a house.
Go to Vegas and have a night you'll never forget.
Any of these would work in my world. |
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redjedi182
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mutual funds, 401 k, don't for the love of God buy a car!!!! |
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Calipso
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Contact a personal finacial advisor instead of Yahoo Answers for such a strongly needed answer.
I, myself would set it up in a CD account or high interest rate savings account. $20k isn't easy to come by, investing it could be very risky. |
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CJ
 |
Right now it is a buyers market in the Real Estate field. If I was in your shoes I would put down some money on a house or two - rent them out for a profit, and invest the difference. With balance of the $20,000 I would then I'd take a few months off work - go back to school and study to get a better paying job! |
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Chuck P
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open an account with ING until you decide, it will pay you 4% or more so it will grow as you look into your options. |
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Ompa Loompa
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don't take my advice about anything, you could lose your shirt.
Having said that, take a good look at the track record for SSEMX
Find a decent broker, I'm fond of ameritrade, and ask for guidance.
Look at yahoo finance. Find something that appeals to you for whatever reason, and research the heck out it.
Be careful, RESEARCH !!! Good luck |
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Nicholas S
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I would put the max for this year in a Roth IRA. If you have any debts with high interest I would pay that off. It is a good idea to keep about two months pay in a savings or money market account for emergencies (shop around for the best interest rates). Look into different investments, depends a lot on your age etc... Lots of good books out there on investing. Congratulations on your newfound cash. |
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Lucky Me
 |
Seek a quality financial advisor. NOW!
Create a retirement fund:
10% to charity
80% treasury bonds, stocks, IRA etc
10% play (get it out of your system and then forget about it) |
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K.I.S.S.
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find a reliable fund or set up a pension
redo ur house
buy a nice car
start collecting something valuable |
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jonathan c
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invest invest invest,that's what i say.If u want to make some serious cash send some my way I can help ya out seriously.I specialize in making people money through certain positions in different kinds of markets.If u don't want to do t hat talk to a financial advisor,they can get u going in the right direction.Sounds like u should focus on capital appreciation and income.Investments Finances and the like r my passion so if ur interested hit me up at jackofalltrds@yahoo.com I don't play around i get it done done for people. |
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jasonsegon
 |
Wow with that kind of money you can have a field day! I would look at investing it in the stock market. With a little bit of homework you can get stocks that will go up around 5% - 10% in a short period of time and when you think about how much money you have that can be anywhere from $1,000 - 2,000 in a week! I am using http://goldenbullstocks.com check them out you will be impressed and always remember to do your own research. |
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knobulation
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read up on investments in the paper but dont spend all your money there save most of it keep working and when you really need it you will have it to spend or you could buy a home with that money as a down payment. you could always give it to me.read up on all those things you mentioned above but get info on all of them before you make a decision. good luck .dont spend it on family untill you know how to make it more money(double it) |
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cosmo
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You should start an IRA. You can do this at most banks or brokerage firms. Within the IRA, purchase an international index fund. |
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D C
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Put your winnings into a money market account at a credit union or bank, and ask about some alternative investment options |
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paloma blanca
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Make down payment on affordable housing house unit. Mobile home or manufactured home is OK. This will make you rich after a number of years. |
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Frank Castle
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Buy a house. |
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jon
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i"ll take it |
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preppygrl88@sbcglobal.net
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put some in a CD at a bank |
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bryan_closa
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place it at a bank account.
with this every month you'll have interest
and this is what I'm currently doing
by this time my interest is 1,000 USD every month
isn't that cool
no need to apply for a job
unless the money on the account is still small |
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trufiend138
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invest in some drugs and alcohol and some sluts... |
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gurl :)
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giv som 2 me |
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rodevieramos
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lend me money. :)
look for a small business. dont waste your money bec it's hard to find money now |
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wartz
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Would you like to send it to my PayPal account? |
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