Kingwood Tiger LSU Fan Katy, TX Member since Jul 2005 10511 posts
You have 50K - what do you do with it? (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.
dallastiger55 LSU Fan Fort Worth, TX Member since Jan 2010 2027 posts
re: You have 50K - what do you do with it? (Posted on 1/2/13 at 6:27 pm to conservativewifeymom)
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.
Danchase Georgia Fan Member since Dec 2012 64 posts
re: You have 50K - what do you do with it? (Posted on 1/2/13 at 9:57 pm to jso0003)
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.
