elmina
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Depending on where you live, you could invest this very very well.
The best form of investment is long term real estate. This amount of money could put you a long way into a first investment property, and if you have the means of sustaining a loan, you are on your way to becoming a millionaire. But treat it as long term.
Real estate doubles its value every 8 - 10 years, depending on the area. Buy another condo or a small house, borrowing the rest. The bank will want you to prove you can maintain the payments, so you need a good tenant who pays regular rent, and evidence of regular employment.
In a few years, your equity (what's left when you subtract what you owe the bank from the actual current value of the property) will be good collateral towards your NEXT property.
When you have three or four, your future is guaranteed.
I do not recommend stocks, because they are too vulnerable to speculation and the whims of crazy CEOs.
Good luck. |
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sixdollarfreedom
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send it to me. let me know if you need my address
really, if you're looking to invest........ i would look into real estate. i'm not sure where you live but a lot of communities have houses/rental property you can pick up cheap. if you lived where i do, you could get 2 houses (not nice ones) for that money.
If you pay cash for them now or pay ½ and take a mortgage for the other ½, you will be able to collect rent and have an actual income from your investment. People are always going to need somewhere to live..... solid property is a very sound investment. then you are very likely have something worth more than your initial investment 10 or 15 years down the road.
you could even contract with a property management company to handle renters, repairs, advertising, etc, so you don't have to be tied down with a time investment for your property. |
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T1G
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put it in the bank, think about what you want and by the time you figure it out you'll have even more money |
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Jahaira
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share some with your fam that would make you fell goodd then thik of me and give me some hahahaha, make shore you save because never know when your gana need money in the future. |
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Push
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hold onto it for as long as you can. Or hide it away in case something comes up like girl friend or bills. Do afew good things for the family or friends like little things but dont say you did it lol. It will take awhile for them to catch on and know it was you. |
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laxgod55
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ok take 2K out and invest the rest, blow the 2 on what ever u want, anything, but think about this, working till ur 45 then u could be done, then u could do what ever. in the long run the investment is the best way to go. |
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Loni
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Pay off you damn bills, put money away so if you get screwed over by your wife(or girlfriend) you have money in your pocket and then go on a vacation somewhere nice. If you still have money left over, give it to me. :p |
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michael p
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Buy some mutual funds or something and sit on it for retirement. If you start saving at 25 vs 30 it makes a massive amount of difference to the amount of money you will have at retirement (millions of dollars difference) |
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dcavallaro2002
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cd's are safest nowadays or you could send it to me and I will invest it , trust me. |
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nazz
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Surf this :
http://nazrism.blogspot.com
https://www.swisscash.net
You may get some tips about your question. |
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jess
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You should look into something that is in then sell it for more and keep saleing and buying until you know when to quit and settle for something you like. |
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||
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See a financial advisor. CDs are safe but typically pay little in interest. You should have a retirement savings, of course; max out on your 401k and IRA. And, again, see an advisor who will be able to invest your money in different things to hedge risk and provide greater potential for growth / income depending on your needs and aversion to risk. |
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Uncle Leo
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Put it in a lifecycle fund or target date fund. These are mutual funds for long term investment. The mutual fund management company does the work of allocating your money into a diversified portfolio. Choose a fund with a target year around the time you'd like to retire (2045?). This is the simplest way to invest for long term growth without having to do a lot of money managing yourself. See the webpage below for more information. |
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ankush
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buy a property and put in on rent |
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.......
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Put some it in the bank and invest some |
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sugar_and_spice
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Speak to a financial investor to help you make your money work for you. Wouldn't be great to invest enough to where you can retire and live off your dividends? It could happen... |
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CRA
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Do not invest all of your money in one place.
Do not give it to anyone online.
Check into any investments before investing and make sure you understand the risk/reward.
Check out resource below. |
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jennifer_juniper74
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Put it in a term deposit and earn some interest on it. |
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saurabh
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IF U WISH , GIVE IT 2 ME.......H AHA |
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