oldcorps1947
|
Consider putting at least 6 months of salary in a low-risk interest gaining instrument that is easily accessed for an emergency fund. The remainder you may consider investing in a Roth or Traditional IRA --retirement fund. If you invest into a mutual fund consider investing in at least two different funds--spreading your risk. If you go this route, do your homework, invest in a few good books on mutual funds--not all funds are equal in risk and growth. I suggest "Mutual Funds for Dummies" by Eric Tyson, or "The Neatest Little Guide to Mutual Fund Investing ", or "The Neatest Little Guide to Stock Market Investing" or "The Guru Guide to Money Management: The Best Advice from Top Financial Thinkers on Managing Your Money". I have no association with these books or anyone that sell them. |
|
meandnadine
 |
Invest it into a good mutual fund. |
|
PersianGirl
|
i would give $12 000 to my mom
give $1000 to each of my bros (i have 2)
and keep $2000 for myself and go to edmonton mall (biggest mall in the world) and just have a huge shopping spree for like a weekend |
|
mister ed
|
i would put 4-6 months of livings expense in a very liquid account in case i was laid off or fired (hate that word) than what ever was left if i did not have a Roth or a regular IRA i would max it out and but a CD with what is left.
most folks do not think of the future -- you are trucking along with the good life and your firm goes belly up -- do not worry you have 6 months to find a job -- take a two week vacation because when you start your new job you may have to work a year before your get time off. believe me if you follow my advise you will sleep well at night!!! |
|
BRIAN G
 |
WOW seems like a dream !!! I would invest most of it and enjoy the rest perhaps a much needed vacation. |
|
Rick B
 |
Put some of it in my ROTH IRA and the rest in my emergency fund. |
|
5_for_fighting
 |
First, if I didn't have 3-6 months expenses in an emergency fund, I would put it in savings. After that, I would put some in a Roth IRA. Finally, I would spend $500 - 1000 on a major purchase or 2. If all of the money is put into savings, many people will later justify to themselves spending some of it out of savings. Before they know it, they have spent more than the $500 - 1000. If I spend a chunk of it when I get it, I don't have as much temptation later. |
|
Vladka C
|
pay off the current debt, then invest and leave something small to pay yourself - buy something nice, go for a nice meal with friend, go for a weekend off... there are so many ways what to do with it;-) |
|
Donnao
|
Save some of it for later and use the rest go go on a skiing vacation to switzerland! |
|
Ozeki
|
invest in a good index fund and but a few lottery tickets because you just never know |
|
Frank Castle
 |
$150,000.00 (I am a Portfolio Manager) |
|
gimp3836@sbcglobal.net
|
I can't even imagine being in a position like you describe. Someone(s) have depended on me for over 40 years.
If I had $15,000 I would put a roof on the house. At least most of a roof, I would probably have to come up with a few more dollars to finish the job. |
|
KathrynCK
|
I would put $10,000 into triple tax free bonds. I would take the other $5,000 and go on a really nice vacation...europe...australia...maybe a cruise to alaska...or a resort in Hawaii. |
|
hidekomoore
 |
Lucky you! This luck might be the first and the last.You must take care of it with your very best.Otherwise,before you know the money 'll be gone forever. I suggest put $10,000.00 in index fund and $5,000.00 in money market fund for emergency.Pretend as if you don't have the money,5-10 years later you would be glad you did.You would see the magic of compound interests. Money earns money.Good luck. |
|
Yahoooligan
|
wat every smart man would do.... sign a one year contract with a hooker |
|
sniper
|
Pay close attention to the stock market. Find a few good stable companies and invest in them while the market is down. |
|
?
|
invest in real estate |
|
♥Alley♥
|
Go to Egypt and see the pyramids of course! |
|
| |
|
Homepage 
Financial
Forum 
Personal Finance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
