You have 50K - what do you do with it? | TigerDroppings.com

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Kingwood Tiger
LSU Fan
Katy, TX
Member since Jul 2005
11825 posts

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


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.






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Lookin4Par
Colorado State Fan
Boulder, CO
Member since Jun 2012
840 posts

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


I'm wondering this as well.





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conservativewifeymom
Maryland
Member since Oct 2012
510 posts

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


I don't think you can go wrong by purchasing gold.





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dallastiger55
LSU Fan
Jennings, LA
Member since Jan 2010
3887 posts

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


thinking of the same. father in law is going to sell his house and give his 3 kids equal split of the money. house is going for 200k so i figure minus all the BS and fees and commissions im looking at 40-50 per kid.








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Cold Pizza
Ohio State Fan
Member since Sep 2011
7639 posts

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


: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.






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jso0003
Auburn Fan
Birmingham/Atlanta
Member since Jun 2009
4690 posts

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


Buy TTWO





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Danchase
Georgia Fan
Member since Dec 2012
64 posts

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


If it were me i'd pay down any debt and beyond that mutual funds. look for over 10% return since inception and funds at least 10 years old. Most of mine have a 60 day minimum hold but after that you are free to sell whenever you like.





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matthew25
Ole Miss Fan
Member since Jun 2012
3287 posts

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


What funds do you have?





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saving$
LSU Fan
Member since Nov 2012
34 posts

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


quote:

If it were me i'd pay down any debt and beyond that mutual funds. look for over 10% return since inception and funds at least 10 years old.


Past performance is not a guarantee of future results.






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foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
28642 posts

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


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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