boer84
 |
Spend 10,000.00 on everything and anything you want to get the spending out of your system.
Put 350,000.00 into a mutual fund and collect the interest made off of that.
With the rest pay of your dept, if you have any, may be donate some (cure for breast cancer and/or MS). If you go to church donate some there if you want to.
Use the rest for what ever you need or just put it in the mutual fund and live off of the interest. It will be like a second income.
DO NOT buy stuff that you probably will not be able to afford to keep up or afford, that drains your money, and or has no real value. A house or a car requires a higher personal property tax, insurance, and maintenance. The bigger the house, and the more expensive it is the more you'll pay.
And do not just give away your money. |
|
Breanne H
 |
give it to me jest joking...... well share with your family,or go on a trip |
|
Steve C
|
sharing is a good thing :) |
|
Curious
|
deposit it to my account, please. thanks for offering |
|
bpholla2131
|
1. Put aside about 6 to 12 months worth of your living expenses in a money market fund for emergencies, job loss, etc.
2. Pay off any high interest debt that you owe.
3. Invest money that you do not plan to use for several years in some good mutual funds that are comprised mostly of stocks. Three good mutual fund companies that I would recommend are Fidelity, Dodge and Cox, and Vanguard.
4. If you have a job, open up a Roth IRA and contribute the maximum to it every year. $5,000 each for you and your spouse. Example: You can go to Dodge and Cox's website, fill out a form to open up a Roth IRA, and specify in the form that you want to invest $2500 in Dodge and Cox International and $2500 in Dodge and Cox Stock Fund for a total of $5,000. Your earnings in this Roth IRA will NOT be taxed-Huge advantage-but keep in mind that a Roth is a retirement account.
Note: The closer you get to retirement age, the greater percentage of your mutual funds should invest in bonds instead of stock. 20s: 100% stock mutual funds 30s: 85% stocks 15% bonds 40s: 75%: stock 25% bonds etc.
Note: The stock market is volatile, so do not be alarmed if at times your mutual funds are worth less than you paid for them, in the long run, the stock market has produced 10% per year, which doubles your money every 7 years. This is a much better return than investments that take on less risk and are therefore less volatile. Only use low risk investments such as money market funds and many kinds of bonds for money that you will need in the short term (next couple of years) because you wouldn't want to have to sell your stock investments at a loss right in the middle of a bear market to pay for an emergency, etc. |
|
donald d
|
make a list of some of the things you always wanted to do. Then pick one that would be fun, memorable and maybe cost effective.
i want $500,000, it would be fun just buy stuff. |
|
Melissa F
 |
Ok, listen carefully, send it to my address and I will take care of it for you. lol Lucky you! |
|
Ian
|
Invest it. Put about $400,000 in the bank for safekeeping and invest the rest. Buy bluechip stocks. The market is down right now so these companies are really cheap.
http://freewebs.com/iutennis |
|
naomi_and_john
 |
Put it in a bank account that will earn interest, like ING Direct. Then you can spend the interest that you earn each month without touching the money you won until you decide on something you really want to spend it on. If not maybe consider purchasing a house. |
|
Chris C
 |
It really depends on where you live. IF you live in the US, real estate in some states are at an all time low, so you can get some wicked cheap properties and then rent them out and hold them until the market goes up, then sell for a profit.
Same goes for the stock market in Canada and the US. Market levels are low right now, so basically there are a lot of stocks on sale right now.
Don't waste your time on putting it all in piddly bank acounts, CDA's or bonds unless you are old (you need to make sure you don't lose any money). You'll earn nothing on it. If you are 40 or younger, you can take a little risk with your money to gain more.
Your best bet is to contact a financial proffessional that you know and trust that won't sell you what is best for their pocket book, and offer you advice whether they get paid or not. They will go through a risk profile to see what type of financial products are best suited for your personal situation. If you don't know of anyone, feel free to contact me and I can help you as much as I can, depending on where you are located. |
|
Stewy J
|
shouldnt you be in bed by now? what time does elementary school start these days? |
|
Emily
|
BUY A HOUSE NOW lol then u can renovate and sell for more! |
|
The truth is
 |
if you recieve this notice by email , then it must be a scam , they don' t want your money but they want your personal information .
if you get it from somewhere else , then congratulation !! , enjoy your life , but some cars. |
|
wolfen_eys
|
Invest it. That's all I have to say. If you invest wisely in mutual funds, stocks, etc. You coud easily build up a few millions in the coming years.
Another good thing would be to donate some of it to charities.
Yes i'm a goody good. =]
I personally would take a world wide trip visiting all the continents. |
|
Primus Pilus
|
Invest it, so you can have a few million by the time you retire.
When you retire you can just keep you cash in the bank account and still have enough funds to survive. |
|
laura o
|
yea sure you did. And i just won a 20 million dollars.
now go to bed. You have school in the morning |
|
Michael
|
how about buying a new friend :) im free |
|
R E
 |
invest it. no reason buying stocks right now. its not looking good for awhile. With all the foreclosures happening, look at investing in real estate at a foreclosure auction. |
|
chris l
|
give it to me |
|
swheatlady
|
i can give you advice but it'll cost ya ; ) |
|
Dog
 |
No don't listen to them... give it to ME! |
|
faithjones3
|
give it to me |
|
Amerie
|
no....give it to me! |
|
| |
|
Homepage 
Financial
Forum 
Personal Finance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
