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You have 50K - what do you do with it?
Posted on 1/2/13 at 5:16 pm
Posted on 1/2/13 at 5:16 pm
If you had 50K to play with, what would you do with it, beside put in regular savings? It needs to stay somewhat liquid, or be able to access in short amount of time if need be. Something with best rate of return.
Posted on 1/2/13 at 5:31 pm to Kingwood Tiger
I'm wondering this as well.
Posted on 1/2/13 at 6:02 pm to Kingwood Tiger
I don't think you can go wrong by purchasing gold.
Posted on 1/2/13 at 7:01 pm to Kingwood Tiger
:In before hookers and blow.:
My only debt is my house. Rather than paying down a 4% mortgage I'd just put it in my MMA and wait for the stock market to correct.
My only debt is my house. Rather than paying down a 4% mortgage I'd just put it in my MMA and wait for the stock market to correct.
Posted on 1/3/13 at 12:16 am to Kingwood Tiger
I would use it as down payment on a 30 year mortgage for a carefully-chosen property.
OK, never mind. In that case I'd invest in a widely-diversified basket of ETF's and index funds.
Do you really need all 50K to be liquid? If so, why?
quote:
It needs to stay somewhat liquid
OK, never mind. In that case I'd invest in a widely-diversified basket of ETF's and index funds.
Do you really need all 50K to be liquid? If so, why?
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