I have 850,000 dollars, should I pay off my house at 350,000 or invest the money and get an income? |
| Should I pay off my house at 350,000 or just get an income off of the money and pay monthly of the house?... |
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Trying to maintain good credit but grandparent needs help? |
| I have had a credit card for the past 6 months and I have paid it off in full faithfully each month. I budget my money each month and am able to live--frugally but comfortably. My elderly ... |
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If i give ya £50? |
| what will I get in return ?... |
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I'm a new single parent & walmart employee &I'm not sure if I should buy a company share. should I? |
| I'm a single mother so I cant afford to lose money. I just need to know if I will make money out of it. Help me educate mysef. Thank u!... |
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How much money do you think you would have to have to retire and live on the interest? |
| If you wanted to live in a comfortable way but not over the top ,how much do you think would be needed to just pay the bills have a holiday a year ,and just live on the interest.... |
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Does anyone know where i can get a loan for 3500Eur? |
| we have had a poor credit history, but did pay of everything we owed, we have a regular source of income, have tried the usual banks ect but no one willing to give us a second chance even though we ... |
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Is using $9,000 in 5 months a lot? |
Just on shopping and going out. Additional Details No, I live in a college dorm that my parents pay for. I'm a college student, I don't have bills.... |
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Do you get a new pin with every new debit card? |
| I have a nationwide cash debit card... I've had the account for years but I was sent a new card a few months ago when my old one expired. I just can't remember if they sent me a new pin ... |
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As a 16 year old, what is the easiest way to make $1500, or score a laptop, on the net within 12 months? |
| Is there any known way I can make this amount in the next year using a pay pal account and the internet? Coming from a poor family, I could really do with this laptop for my education, yet I'm ... |
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As a young person in your 20's, is it better to start saving for retirement or pay off debt? |
| My debt consists of student loans and a mortgage. I contribute to a retirement plan with my job, but i work for the government, so there is no matching for my contributions. Should I severly reduce ... |
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What bank are you with and are they any good? |
| I used to bank with The Woolwich, then they changed to Barclays, who are the biggest jokers I have ever come across! I have a huge list of issues with them, the most recent one being that they ... |
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I have extra cash, should I make extra payments on my 1st or 2nd mortgage? |
Additional Details Great answers, everyone. Here are some specifics:
1st is for $138k and about 25 years left.
2nd is for $9k and about 9years left.
No credit card debt.<... |
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Im scared that il get into debt??? |
im going to look at acar this afternoon,its 1200,mums lending me 350,but wiv the insurance aswell i dont know if il have enuf money for petrol,what do i do wait till i find acheaper car?? A... |
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Where can I purchase a form for a will, without using a solicitor? |
| I can't pay a lot, and it will be very straight forward as all my estate is going to my daughter.... |
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I need a fast loan for school, what company should i choose? |
| i need one that i can pay after a graduate, and one that does not require a co-signer....... |
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If you write a personal check($50,000) to a close friend for whatever reason, does it get reported to IRS? |
| this is personal check from personal checking account in Bank of america or Washington mutual & that's the exact amount you have. So after the check gets cashed, you have zero balance. ... |
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Frank | I have some money what to do with it? |
I dont want to spend it, instead I want to invest it in something to produce more money. any suggestions? |
|


Joe
 |
Standard investment advice is that you should invest in a diversified mix of stocks, bonds, and money market funds. You want to buy a diversified portfolio of stocks as individual stocks are too risky. Most folks have a dificult time buying a properly balanced portfoilio of stocks on their own. They will misbalance their portfolio by buying all small stocks or all growth stocks, or some other misbalanced assortment of stocks. Unless you know what you are doing, it is best to buy mutual funds. I like Vanguard.com, other people like Fidelity, TIAA-CREF, and DFA. Buy no-load, low cost funds. If you are like most people you will invest part of your money aggressively in stock funds, and part conservatively in money market funds and bond funds. Vanguard has an on-line questionnaire which will give you an idea of how to do "Asset Allocation," determining how much to put in each type of fund.
If your company offers a 401K plan at work, try to invest the most you can. The money grows tax free, and some companies will match your contribution. Investing in a mutual fund IRA is also a good idea. If you have children, you may want to consider a 529 plan or other college savings plan that grows tax free.
I like index funds. Because of their broad diversification, you are less likely to have a dramatic drop in value. They also have the lowest expenses. For stock funds, I would suggest putting ~70-80% of your money in the Vanguard Total Stock Market Index Fund. and ~20-30% in a foreign stock index fund. However, there are many different opinions out there on what the best mutual funds are. Read the links below and form your own opinion.
Buying a house instead of renting will save you a lot of money in the long run. You don't have to pay rent and you build equity in your house instead. Buying rental property can also be a good investment. However, being a landlord can be hard work, and many people are not good at it. If you don't know how to handle deadbeat renters, you can have trouble.
If you have high-interest debt, like credit cards, it is best to pay this off first before trying most of the investment ideas above. You should also have 3-6 months of salary saved up as an emergency fund in a bank or money market fund before trying more risky investments.
Believing advice you get on Yahoo answers can be risky, so read these websites for further information. If you find it too confusing, contact a professional financial advisor. They will charge you significant commissions, however.
Sources:
http://www.vanguard.com/VGApp/hnw/planningeducation
http://www.fool.com/school.htm
http://sec.gov/investor/pubs/assetallocation.htm
http://www.diehards.org/readsites.htm
http://finance.yahoo.com/education/begin_investing
http://finance.yahoo.com/funds/basics
Asset Allocation Calculators
(Determining how much to put in stocks and how much into bonds and money markets is a personal decision depending on your financial status. These Asset Allocation questionaires give you a rough idea how to do this. I like Vanguard best, but try some of the other sites as well.)
https://personal.vanguard.com/VGApp/hnw/FundsInvQuestionnaire?cbdInitTransUrl=https%3A//flagship.vanguard.com/VGApp/hnw/planningeducation/education
https://ais2.tiaa-cref.org/cgi-bin/WebObjects.exe/DTAssetAlcEval
http://www.ifa.com/SurveyNET/index.aspx
Web forum: http://www.diehards.org/
(Many investment web forums are overrun by scam artists. This one seems the most legitimate site.)
529 plans: http://www.savingforcollege.com |
|

tone
|
stocks, mutual bond, cd |
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Chemical.Nightmare
 |
Give it to me :) |
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itsme
 |
Money market. |
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casdusel
|
CD for the short term ... real estate is a great bargain right now |
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cathyehhh
 |
put it in a savings account that has good interest or get some stocks. |
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edward_lmb
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You could give it to me. lol |
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Roh C
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put it in savings account with good interest if you dont want to take any risks.....or you can invest in shares and bonds with small risks |
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WAYNE T
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A Simple CD at a bank of your choice
See who has the best 90 day CD's |
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Hello Kitty 2442
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me me me me me me me me me me me me me..pretty please! ahah |
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Bridget S
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Put it into a money market account. Best to go to your bank, and talk to someone though. You would be amazed at how much it can grow! |
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Philip M
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Your right to think about investing. you can play very safe with bonds and treasury stock,but ofcourse the safer you play,the less you could earn and return. You need to spread your investments. I would suggest you seek the advise of a really good international broker. You don't have to take their advice,but it may be worth hearing! It really comes down to how much you have to invest and what returns you are looking for. I would be happy to suggest one or two good brokers,that could offer you free advice and then I think you should look at the investments that they suggest and do some homework ! |
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Mike W
 |
give it to me, i will hold it securly, spend it and in repsponce to that king gesture i will send you weekly e-mails telling you how me and my panda friends are doing.
Dont miss next weeks! Sumba the mother panda farted! |
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