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what would you do with $35k?

shaun b

shaun b

waterboy
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other than hookers and blow? LOL

lets say you were going to be getting that much.....

current saving accounts are giving an ROI of 1%

don't need a new car..... bills are fully paid by existing income, no existing debts or loans.

what would you do inorder to save this money and try to earn as much as you can with minimal risk? don't wanna play the stock market (don't have the time or knowledge to do it at this time)

ultimately would like to pair this up with more and either buy a fixer upper house or at least a down payment on some property in the next 18 or so months.

I've thought about buying gold... or silver or even platinum... although i don't know where to buy these things.... if i do buy them.. i don't want a certificate saying i own 3oz of gold.... i literally want 3 oz of gold in my possession.

got plenty of guns/lead and brass savings, looking for ideas...
 
If you don't know when you'll be using it and you'll be using it soonish, savings acct.

If you know you won't use it for a year, find a CD with a good rate for a year.

You can also try bonds or stock/bond blends. They seem to be pretty stable right now.


That said, if you have debt pay that off first. Paying off debt that's accruing interest is the best return. (I know you say you have none, but for the benefit of anyone else looking for similar advice...)
 
I'd invest it until it was worth $25k then spend it on bikes, babes and trackdays.
 
multipronged investment strategy. Keep some in bonds, some in savings, and dump about 60% of it into the stock market. Invest in things that ARE NOT GOING AWAY. Oil companies. CVX is a favorite of mine. ATT is another. do your own research. CVX dividends at like 4% a year. ATT even more.

EDIT- CVX is a bit high right now, look at trends on both CVX, ATT, and other high dividend funds. make sure they are not at a peak, but in between peaks.
 
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LOL..... well, his was what would you spend it on...... i'm trying to find a low risk way to make more on mine. :D :D

:twofinger
 

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Shaun B-

Some stocks are less volatile than others. how long do you plan on "investing"
 
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