Investment Advice For $50,000
Send it to the Fred S. Retirement Fund. Whaaaatt? It doesn't hurt to ask. That's what the TV preachers do. Just kidding. With the market as unstable as it is, I would suggest real estate. It's about the only thing I know of that is still appreciates.
---Fred_S. on 1/8/08|
I would personally just put the money in a savings account or a secure savings bond (one that isn't too long a term). Pick up all available leaflets from banks and building societies and see who is offering the highest interest for the amount you have. Be prepared to do this regularly and move your money if it would be an advantage to do so.I wouldn't touch anything that says you could lost some or all of your capital. A small increase is better than a loss.
---M.P. on 9/6/06|
How you would invest $50,000 depends on your age and risk factors in the investment. For example: a 25, year old may invest in stock, while a 50 year old may invest in tresaury bonds. What you also have to consider is how much of this money you are willing to lose on a poor investment. For example, let's say you buy a stock at $20 a share and it drops to $15 a share, are you going to "stick" it out in hopes it will go back up, or are you going to cut your lose?
---wivv on 9/5/06|
I disagree that investing in the stock market is ungodly. A good steward doesn't bury his talent. Stocks are not much of a "gamble" if you do your homework, take time to study and know what you are buying and why.
---Donna2277 on 6/15/06|
Store up your treasures in heaven, not on earth where moth and rust destroy. You can give different amounts to ministries you trust, it's like planting seeds. "Give and it shall be given back to you, good measure, pressed down, shaken together, runneth over." You really need to trust God when you give large amounts of money. My God SHALL supply all of your needs according to His riches in Christ Jesus. A Christian has no place being in the stock market, it's the world's system, not God's.
---Donna9759 on 6/8/06|
I'm retired, living off my investments plus SS. Can't tell you how to invest, but can give you some tips. Beware the friend whose uncle told him about a "hot" stock. If you use a stockbroker, remember that he works on commission. Diversify. Annuities don't make money and there are fees, penalties, restrictions. Look for tax benefits as in municipal bonds paid by tax revenue. RE can be good if you are handy. Find a financial advisor who charges a flat fee or per cent. PRAY. GIVE.
---Donna2277 on 6/7/06|
Contact a financial consultant. This is not the place to get financial advice for your retirement.
Herb: A good steward will save for retirement.
---Madison1101 on 6/7/06|
I know little about investing game but I know this; you put your money into Mutual Funds you can loose it all or a large portion if the Market drops. My friend had this happen and so did we. We lost over 2/3 of our investment. Don't listen to others who tell you to give it away,God will provide.God may look at you and say I did but you gave it away. Make safe investments with little chance of loss. Stock Market goes up and down like a yoyo. See an Investment Counselor and then pray hard before investing.
---Darlene_1 on 6/7/06|
Why are you asking this question here?
To drag strangers into the conversation, Someone greater than anyone who posts to these blogs said, "The children of this age are wiser in their generation than the children of light."
The context was what to do with money.
---Jack on 6/7/06|
Try split them into ETF (stock: DIA, SPY, MDY, QQQ) and some low cost growth mutual funds, from fidleity and vanguard.
25% ETF (DIA, QQQQ etc)(Stocks index fund)
25% growth mutual fund
25% bond mutual fund
25% cash in your bank account or paypal
note: paypal has one of the best interest rate in the US.
You should do good over the long run.
God bless your retirement.
---King on 6/7/06|
Recently saw a PBS special... "Rich Dad, Poor Dad", and there's a book out by that title as well. There was some great info that might serve you well.
---daphn8897 on 6/7/06|
Give it to missions, and trust God to proved during retirement. Matthew 6:21 For where your treasure is, there will your heart be also.
---Rev_Herb on 6/7/06|
Don't take such advice from strangers on the internet!
---Bruce5656 on 6/7/06|