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re: $100k in cash. What should I stick it in?
Posted on 12/23/15 at 8:44 pm to lsufanintexas
Posted on 12/23/15 at 8:44 pm to lsufanintexas
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.
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 on 12/24/15 at 10:18 am to foshizzle
quote:
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.
^^^This.
Simply not enough information to give a good or meaningful answer.
Also, it sounds like the OP has some real estate experience. How extensive is that? Does he have any small business experience or aspirations? What sort of knowledge does he have of the equity and debt markets?
$100K is enough to give him some decent, diversified investment options. But what is appropriate for him? Dunno.
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