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| Money Money Money... Finances, money, investing, saving, anything to do with the green stuff that makes the world go around. |
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# 1
2007-04-29, 19:39
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Regular
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Chicago, IL
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$50,000
When I turned eighteen I inherited a large sum of money from my dad. I don't know what to do with it, but I want to make it into more as I go through college.
Thankya.
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# 2
2007-04-29, 20:13
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Regular
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phoenix
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Re: $50,000
Give it to me you rich bastard.
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# 3
2007-04-29, 22:16
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Re: $50,000
if you want a sure-thing return, put it into a CD (if you don't need to use the money) or a money-market.
If you want to take risks and potentially get alot more, play the stock market.
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# 4
2007-04-30, 01:12
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Re: $50,000
Low-risk mutual fund is your best bet. You could easily make 12-15% per year.
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# 5
2007-04-30, 02:46
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Regular
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Ontario Canada
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Re: $50,000
Quote:
Originally Posted by Toraton
Low-risk mutual fund is your best bet. You could easily make 12-15% per year.
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This is also what I suggest. I don't like high risk, especially since you'll likely already be stressed through school, without risking your money as well.
Just look around for the best deal.
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# 6
2007-04-30, 06:16
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Re: $50,000
I would put 20 grand down on house and use the rest to make payments.
The housing market has nearly crashed and I think you will be able to sell the house for 75% more when you are done with college.
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# 7
2007-04-30, 16:47
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Re: $50,000
damn. I hope someone is going to leave me an inheritance. I would retire.
I would put it in stocks and make 5% a month.
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# 8
2007-04-30, 18:11
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Regular
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Belfast Northern Ireland
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Re: $50,000
Quote:
Originally Posted by lifejunkie
I would put 20 grand down on house and use the rest to make payments.
The housing market has nearly crashed and I think you will be able to sell the house for 75% more when you are done with college.
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I don't know the housing market in the US, but that's what I'd try and do.
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# 9
2007-04-30, 18:39
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Regular
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oklahoma
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Re: $50,000
keep abotu 20k jsut in an account/cd or something and put 20k in the stocks and do what ever you want with the other 10k like invest in something or but some stuff to help you make more money.
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# 10
2007-04-30, 21:24
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Regular
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Salt Lake City
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Re: $50,000
Quote:
Originally Posted by lifejunkie
I would put 20 grand down on house and use the rest to make payments.
The housing market has nearly crashed and I think you will be able to sell the house for 75% more when you are done with college.
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QFT real estate gives the most leverage of ANY market
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This thread continued for 2 pages in the real archive, 14 posts total - only page 1 survived here.
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$50,000
