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$100k in cash. What should I stick it in?

Posted on 12/23/15 at 5:11 pm
Posted by lsufanintexas
Member since Sep 2006
5011 posts
Posted on 12/23/15 at 5:11 pm
I've got $100k in cash from some property sell-offs just sitting in some cd's and I want to put it into something higher earning. What should I be looking at that can earn me a good return?

This post was edited on 12/23/15 at 5:12 pm
Posted by Boh
Baton Rouge
Member since Oct 2009
12357 posts
Posted on 12/23/15 at 5:25 pm to
How long do you plan to invest it? If you don't intend to spend it for a while just put it in an index fund or buy a shite ton of XOM or CVX.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 12/23/15 at 5:28 pm to
What is a good return to you
Posted by hbuc88
San Antonio
Member since Dec 2009
1174 posts
Posted on 12/23/15 at 7:12 pm to
Duh! Hookers and blow of course.

And maybe a few dinars or bitcoins
Posted by Lsut81
Member since Jun 2005
80252 posts
Posted on 12/23/15 at 7:37 pm to
quote:

What should I stick it in?


A woman's vajajay
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 12/23/15 at 8:44 pm to
It's really impossible to say without knowing more about your financial situation. Such as, how old are you, are your retirement goals already being met or not, your risk profile, etc.

For example, if you really need to do some catching up on funding your retirement you should invest it all. If you are deep in credit card debt then you should pay it off. If you're already filthy rich then by all means go to the local strip club's VIP room and you'll be able to stick "it" in something that night.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 12/23/15 at 10:03 pm to
2 girls at the same time.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73257 posts
Posted on 12/24/15 at 8:50 am to
my pockets.
Posted by barry
Location, Location, Location
Member since Aug 2006
50369 posts
Posted on 12/24/15 at 9:11 am to
Do you have an IRA? If not, open one up, max it out, then put the rest in an index fund or something.

If you don't have any investment accounts go open one up at some investment firm
Posted by chesty
Flap City C.C.
Member since Oct 2012
12731 posts
Posted on 12/25/15 at 10:45 am to
Hookers and blow.
Posted by JOJO Hammer
Member since Nov 2010
11927 posts
Posted on 12/26/15 at 4:55 pm to
Hookers and blow
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