 X-mas present for my newborn niece (financially sound)? |
| I'm looking to get a X-mas present for my newborn neice. I don't want to waste money by getting her toys (I'm sure she will get plenty of those from the rest of my family). What gift ... |
|
 Is $5000.00 worth investing? |
| Are there any suggestions for making such an investment? I have never invested anything before.... |
|
 If You Are A Genius Then Try Answering This - Its worth every seconds of it !!? |
| Albert Einstein said "Compound Interest" is the eight wonder of the world !! For those who don't know what compound Interest is please kindly do refer the web - there are overwhelming ... |
|
 Investing or gambling? |
| I am reading a book called 'Investing for Dummies'. Its about investments and the stock markets and it is very interesting, but what Im seeing and reading, seems to me to be that the stock ... |
|
 In which mutual fund should i invest ? |
| I am a salaried professional who started working last year. At this point of time i am exploring my options at investing some amount out of my salary for my future. At this point of time i will be ... |
|
 I have some "play money" to invest/trade. Does anyone have any ideas?...? |
| I am not talking about going to a casino or playing the lottery. I want to "day trade", which I know is risky, or do some short term type of fooling around. Does anyone know where I can ... |
|
 Would banks give you a higher rate than normal if investing a large amount of money? |
| If searching on various financial websites in UK you find that the best interest rates for banks building societies are normally between 6 and 6.3% (depending on whether it is a bond or if notice is ... |
|
 What to do with 10 k ? |
| i want to put up money//for the future! cd ....bond ,,,,,are what?... |
|
 $25,000--how to invest it? |
| safety and profitability in mind.... |
|
|  |
BigRez | What would you do with $30,000 to invest? |
My sis has received a $30K lump sum and wants to know what's best to invest it in. No specific stocks (unless you're on the board and want to share some insider stuff :). She has a company 401K, not too many bills, is 50 yrs with to kids 15 & 13.
Looking for mix of risk and return, with more emphasis on return. |
 |
 
pgsl
 |
IRA/401K, Certificate of Deposit, Stocks, and Money Market. |
|
trinitymaster
 |
First thing to do is to payoff any high interest debt that she has. Also consider this:
1. Has she paid the taxes yet, if not- then put that money aside first.
2. With two kids close to college age, she needs to look short term. Pick stocks with a good dividend and 5-10% return.
3. Do a lot of research online into any investment that is made.
4. DON'T pay someone a fat commision to invest your money. Five percent is the most you should ever pay. (Unless you have millions to put into a hedge fund)
5.She should spend 10% of that money on herself, right here, right now (even if she doesn't spend the money until next year, she should still be picking out what she wants to spend it on). |
|
dluo
|
If you are looking for return, then by definition, you are looking for risk. If you can have return without risk, then everyone will want to buy in. If a product only has risk and no return, then no one will buy in. You can not "look for" a mix of risk and return. The risk to reward ratio is determined by the capital markets. The only thing you can chose is the absolute amount of risk and return you can withstand or aspire to achieve.
That being said, how to invest $30k depends on your sis's situation. How is her 401K doing? How is the funding status of her children's college tuition? How long does she have to invest the money?
To properly decide on how to invest the cash, answer the following questions:
1) Your risk preference; or how much money you are willing and/or be able risk losing?
2) Your return objectives; or what is the required expected return that will most likely allow you to meet your goals (you must first articulate your goals)?
3) What are your constraints:
3.a Time – how long can you invest the money for?
3.b Tax – how much are you taxed?
3.c Liquidity – do you need the money in the mean time?
3.d Unique circumstances – are you retiring, sending kids to college, have a chronic medical condition, etc?
3.e Legal/Regulatory issues – typically not a concern for individuals, but included there for completeness.
If you have the money, get a professional.
If you don’t have the money, many sources are available on the web to help you get started.
If you don’t have the time or the money, then buy index funds that track the broader market, such as the SP500 or the Dow, and take comfort in the fact that passive index funds consistently outperform 75% of the money managers in the world (but don’t invest in equity at all if you don’t have at least 5 years). |
|
JeffreyK
|
Check out attaincapital.com...they also let you let you construct your own portfolio. At 50 yrs old, plain ordinary investing may not allow her to retire as efficiently.(Unless she has a bulging 401K) I would also put a small portion into a bank CD. |
|
InspectorBudget
 |
Pay off any credit card debts you may have.
If there are funds left, consider putting the money into a college funds for the kids. Many states have 529 plans that allow the interest to accumulate tax free.
If there is still some left, put it into a conservative mutual fund, that covers the broader market, like a S&P 500 index fund ( companies like Vanguard and Fidelity offer these ).
Remember that the more return potential, the higher the risk.
If she does not want to risk the money, a CD or money market fund is the way to go. For moderate risk, mutual funds. For high risk - which I definitely advise against - go for speciality funds like Commodities, healthcare, etc. |
|
gregtkt120012002
|
Well corporate bonds are definitely a good way to go. She needs to make sure it's a credible business though. Real estate is also a good idea, with the market at a low right now, she might be able to get a few (2-4) acres depending on where she is looking, and as long as it's not developed already. Gold and/or silver might be a rather good idea with that much money. |
|
johnnyjohnnykool
 |
buy a classic car like a camaro rs ss or a mustang gt or fastback must be a bigblock V8 1967-1970 you can by a rely nice car for 30 grand, tips make sure it's from the wast cost and as little rust as possble make sure it has maching # eng and frame , if you buy the rite car it mite worth 3 times as much in less then 10 years , the nice thing about investing in a classic car is that you can drive it! hope that help good luck! |
|
binarywoman
 |
If you're looking for safety and a great tax free return, municipal bonds are a great buy. You can buy them individually or in a reputable bond fund. If you decide on investing in munis, find a broker who specializes in it.
Personally, I wouldn't put anything in the stock market until this whole liquidity crisis is over. Stocks are going to get a lot cheaper. |
|
y4
|
Mutual Funds are a rip off. ETF;s are cheaper to buy and do the same or better than Mutual Funds. ETF's are also better fjor inflation scenarios. Better yet, she can do as binary says and do Municipal bonds on her own. They do not appreciate like ETF's, but they are tax free income. The best tax deduction is your own house payments. It is far better than IRA's or 401's. Buy a nice house now as their prices are going down, and she will benefit from appreciation as well. |
|
pleasewaterme
|
buy precious metal stocks. |
|
biskio
 |
Invest in ETF: ETFs are cheaper than mutual funds. ETFs have very low annual expenses, nearly 20 basis points or 0.2% less. As against this, actively managed mutual funds show average expenses exceeding 135 basis points (1.35%). This does not include the extra 2% - 5% as loads, 12(b)-1 marketing fees, transactions costs, and soft dollar expenses mutual funds, passed on to you but never informed, except in very fine print that nobody cares to read.
http://debts-to-wealth.com/category/Why-Invest-in-Exchange-Traded-Funds.html |
|
damselfly
|
Some ideas:
1) Use $5,000 (the maximum a 50 year old can contribute in 2007) to open a Roth IRA. Or - fully fund her Roth if she already has one. The earnings will grow tax free.
Use the remaining $25,000 to pay down her mortgage, if she has one.
2) If she's already funded a Roth this year, open a new IRA at a no-load mutual fund company like Vanguard, T. Rowe Price, or Fidelity. Put the money in a low maintenance mutual fund - one of the balanced, life-cycle, or target-retirement funds.
As far as risk/return goes, she shouldn't try to beat the market. She should just put the money into a solid, well diversified, low cost mutual fund (I use Vanguard's LifeStrategy Growth Fund) and let it ride. Her money will grow without taking on too much risk.
I think at her age, and if she's on her own, she should worry more about funding her retirement than putting kids through college. College can be paid for with scholarships and loans, but her retirement could last 30 years or more - she should concentrate on accumulating enough money for that. |
|
stella
 |
Sorry, I'm not into money-investments I'll spend all of them in travels!! Good luck tho!! |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
15 | 39 minutes(s) ago
| | | |
14 | 43 minutes(s) ago
| | | |
15 | 2 hour(s) ago
| | | |
15 | 4 hour(s) ago
| | | |
14 | 6 hour(s) ago
| | | |
15 | 10 hour(s) ago
| | | |
15 | 1 day(s) ago
| | | |
14 | 3 day(s) ago
| | | |
15 | 5 day(s) ago
| | | |
14 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
