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You have 50K - what do you do with it?
Posted on 1/2/13 at 5:16 pm
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.
5
Posted on 1/2/13 at 5:31 pm to Kingwood Tiger
I'm wondering this as well.
Posted on 1/2/13 at 6:02 pm to Kingwood Tiger
I don't think you can go wrong by purchasing gold.
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.
Posted on 1/2/13 at 7:01 pm to Kingwood Tiger
: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.
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.
Posted on 1/2/13 at 9:01 pm to Kingwood Tiger
Buy TTWO
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.
Posted on 1/3/13 at 12:00 am to Danchase
What funds do you have?
Posted on 1/3/13 at 12:09 am to Danchase
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.
Posted on 1/3/13 at 12:16 am to Kingwood Tiger
I would use it as down payment on a 30 year mortgage for a carefully-chosen property.
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?
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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