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How should I invest extra cash?

Posted on 1/24/13 at 10:59 am
Posted by Lookin4Par
Mandeville, LA
Member since Jun 2012
1232 posts
Posted on 1/24/13 at 10:59 am
I max out my 401k
The wife maxes out her traditional IRA
I am not able to invest in a roth due to income.

We already pay extra towards the house.
we are accumulating lots of extra cash that needs to earn interest somehow. Where should I stick it?
Posted by Lsut81
Member since Jun 2005
80244 posts
Posted on 1/24/13 at 11:13 am to
quote:

I am not able to invest in a roth due to income.


quote:

we are accumulating lots of extra cash


Posted by Powerman
Member since Jan 2004
162258 posts
Posted on 1/24/13 at 11:16 am to
So you're income is too high to invest in a roth?
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73086 posts
Posted on 1/24/13 at 11:20 am to
REAL ESTATE? private lending? tax liens?
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69933 posts
Posted on 1/24/13 at 11:21 am to
I'll send you my address, lol.

Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 1/24/13 at 11:40 am to
If you qualify to be an accredited investor you can have all kinds of options. Wiki it to see what's involved.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69933 posts
Posted on 1/24/13 at 11:41 am to
Bitcoins baby
Posted by Crompdaddy8
Jimmy Rustler
Member since Nov 2009
10569 posts
Posted on 1/26/13 at 4:31 am to
hookers and blow
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