Any ideas for 80k?

[vezke]

Panties. Women's panties.

[Random Nonsense]

open a brewery ?

[CROSSHIGHWAYMAN]

ING has a 3.6% 12 month CD.

I'm waiting for the stock market to bottom again in October.

However, I made a bundle last year in several spiking stocks.

Check out the 12 month chart for CLWT..............

http://stockcharts.com/def/servlet/SC.web?c=CLWT,uu[m,a]daclyyay[dd][pb50!b200!f][vc60][iUb14!La12,26,9]&pref=G

[Gatún(CraigIsaMangoTreeLawyer)]

Excellent and correct advice from BSR. Pay off all your debts (if you have any) and what is left, put it into an off shore account.

[narby]

Set up several food stalls here in the malls - cost of stall only US1500++ to set up and around US200-300 a day sales.

That sounds too good to be true. Why aren't hundreds of entrepreneurs doing that every day (which would either drive up the cost, or drive down the profits?)

[Tom D.]

Assuming that you are under 45 or 50, have a decent 401(k) or other retirement plan, don't have any unusual pressing needs (medical care for you or family member) or something else unusual, put about 50% in a low cost (of administration) broad based index fund or quasi-index fund, about 25% in a couple of reasonably blue chip stocks (2000's blue chip, not 1980's blue chip), about 10% in a flyer or two (as to a couple of % within this 10%, you might buy some oil puts, but don't sell oil or anything else short), and the rest in short term money markets or short term bonds.

I know you said no stocks, but the fact of the matter is that there has been nothing in recent history that has done better than a broad basket of stocks.

[Texas_Jarhead]

Lookin for a partner?

[narby]

Beer Breweries have been done.

But a micro Wiskey Distillery, now you're talking!

[reluctantwarrior]

The end is near......

spend it on beer and broads because you's gunna die...

If you want investment advice go find a CFP and pay for the advice. You cheap b@st@rd.

Gold, no
Oil, no
Real Estate, not on this earth....
Stocks, you are to chicken
Bonds, hell no
Commodities, yea right
so what is left.....
the final frontier...
Start a martian real estate brokerage

[Texas_Jarhead]

"Put it in Social Security"

ROFLMAO!

[Alberta's Child]

It all depends on your level of risk tolerance, the estimated time frame in which you expect to need the money, desire for tax shelters, etc.

I'm answering your question because I recently faced a similar situation. I ended up using my version of what I call the 43-30-20-10 rule, by allocating my money to the following investments:

1. 40% in a U.S. stock index fund
2. 30% in a U.S. bond index fund
3. 20% in an international stock index fund
4. 10% in short-term liquid investments (CDs, money market fund, etc.)

I was looking for long-term growth with good diversification (hence the four different types of investments), in things that could grow over time using a dollar-cost averaging strategy without requiring a lot of close attention (hence the index funds). The 10% cash equivalents is there in case I find an opportunity to get into something else in the next 12-18 months.

[april15Bendovr]

I would invest in Bi Lingual school text books now that our melting pot is turned into a tossed salad thanks to liberals.

[bfree]

Give to Hillary. You know you should do it for "the children".

[MoralSense]

Good one. Siegel is an old college classmate of mine, and I'm reviewing his book for The American Spectator Friday.

[PureTrouble]

www.superfund.com

[NEBUCHADNEZZAR1961]

QQQQ and SPY. Index funds are the way to go if your new to investing.

Also go to Bobbrinker.com and pay close attention to what that man has to say. You can catch him on the radio also on the weekend.

[cherokee1]

If tax avoidance is important, you don't want to manage property, and you're too old or not interested in a new career, then you need to stick the roll in state and federal tax exempt bond funds. If you do your homework you can do over 6% which will bring you $400.00/month tax free or let it ride, tax free. Wouldn't recommend it if I didn't do it.

[expatguy]

That sounds too good to be true. Why aren't hundreds of entrepreneurs doing that every day (which would either drive up the cost, or drive down the profits?)

You need to have something original. Something that the locals cannot normally get. Western food is a big big seller here.

Im not joking when I say that Chili's here does close to US10-15K on a weekend.

Right now there is NO Mexican restaurants here (actually there are 2 - but they are run by a local chinese guy and they suck - still he makes good money) - but like 300 Italian places. There is perhaps 20 German restaurants.

Cajun food would do great here as well.

[Gaffer]

If you're asking that question, it's probably some kind of windfall and you may not have it for long. If you'd made it (investing, working, etc.) then you wouldn't have to ask.

If you have children or grandchildren, open some accounts for them. If they are minors you can open what's called a uniform transfer to minors account with you or someone as the custodian. Most states have them. If your parents had been able to open one when you were born or young and put all of the birthday, Christmas, and graduation money plus a regular small payment, you wouldn't be asking what to do with 80K. You'd consider it some 'weekend' money.

This sounds critical because it is, in a way. Don't ask strangers -- think of your family and progeny to come.

[i_dont_chat]

Use your $80K to become a dermatologist.

EVERYBODY is going to have skin cancer in 10 years (because of the radiation hitting the planet from the exploding Sun).