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You have 50K - what do you do with it?

Posted on 1/2/13 at 5:16 pm
Posted by Kingwood Tiger
Katy, TX
Member since Jul 2005
14162 posts
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 by Lookin4Par
Mandeville, LA
Member since Jun 2012
1232 posts
Posted on 1/2/13 at 5:31 pm to
I'm wondering this as well.
Posted by conservativewifeymom
Mid Atlantic
Member since Oct 2012
12043 posts
Posted on 1/2/13 at 6:02 pm to
I don't think you can go wrong by purchasing gold.
Posted by Cold Pizza
Member since Sep 2011
7639 posts
Posted on 1/2/13 at 7:01 pm to
: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.
Posted by jso0003
Member since Jun 2009
5170 posts
Posted on 1/2/13 at 9:01 pm to
Buy TTWO
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 1/3/13 at 12:16 am to
I would use it as down payment on a 30 year mortgage for a carefully-chosen property.

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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