I’ve made a lot of money over the years and feel confident I can give you a sizable return.
Do you have the ability to wire monies to Nigeria?
Seriously, that kind of money can be invested quite well in a number of mediums but there are several factors to consider.
How quickly would you like to see a return?
What will you do with the return?
Why?
If you don’t need the money today how long can you let it work for before taking a portion of the profits and leaving the rest to continue working for you?
Or would taking the whole amount of whatever the return be your goal?
Why?
Invest all your money into Garfield posters.
Don't seek direct investment advice on Free Republic.
Or, put another way: Do you want to know how to make a small fortune? Start with a BIG fortune and then seek investment advice on an Internet forum.
Send it to me and I’ll take care of it. Seriously, congratulations, and I hope you find some options.
Me!!!
Invest it in meeeeee!!!
:)
Fill a shoebox with 1000 $100.00 bills and send it to your Uncle Slayton.
I will send you the exact mailing address in freepmail.
As as added bonus, I will pay for the postage.
Excellent for you. Bank savings account is insured to 100K, but you will have to report it to the IRS
“I’m paralyzed, but need to do something with it.”
What is the degree of your paralysis, if I may ask? Are you mobile and independant?
I’m no financial wizard by any definition of the term, but DO NOT turn it over to your ‘friendly banker’ and let them manage it for you. Believe me, please! We learned that lesson the hard way with over 300K. Never again.
I’d pay my monthly bills ahead for the next five years and use the rest to make myself as comfortable as possible. Have fun and do the things you always wanted to do.
Good luck.
I suggest a fee-based investment manager. This is someone that takes a small percentage of your money each year as compensation. The manager benefits from increases in the value of your portfolio, not commissions for trading in your account. There are many with national reputations. Check around.
bookmark
Take out a subscription to Stansberry. They give excellent advice.
Buy dividend-yielding stocks in world-class companies such as Exxon, Procter & Gamble, Microsoft (seriously), Hershey, Coca-Cola.
Buy silver in physical, hold-it-in-your-hand form. 50 kg of .999 pure bullion bars would be a good start. Tell only one person (that you trust with your life) where you are storing it.
Consider silver and gold royalty companies and senior miners. Avoid junior miners for the next six months - too many of them have serious cash issues.
Hope this is helpful
For example (and I use this only as an example; I'm not an investment advisor but have done well using my own approach over the years):
$10,000 in a short-term savings account or money market fund.
$10,000 in a U.S. government bond fund.
$10,000 in a tax-exempt municipal bond fund.
$10,000 in a foreign bond fund.
$10,000 in an S&P 500 index fund.
$10,000 in a moderately aggressive U.S. stock fund.
$10,000 in a very aggressive U.S. stock fund.
$10,000 in a foreign stock fund.
$10,000 in a gold or other precious metals fund.
$10,000 in a real estate investment trust.
If you can afford to invest an additional $1,000 per month, add $100 every month to each of these. Some will do well, others will not, but over time this should give you some growth while at the same time providing some protection by spreading your money out among many different types of investments. At the end of every year, you should sit down and see how each investment performed and move money from one to the other to re-balance your investments if you think it's necessary.
Dear Servant,
I have a 100 kids and my latest wife ran off with the UPS man a couple days ago. Could you send me a couple bucks? Say $99,999 or so? Please remit to P.O. Box.......
Desparately seeking cold hard cashola.
Diddly
Land that grows food.
If I had that money, I’d buy some property in a college town and buy myself an income (obviously, make sure you have insurance in case they wreck the place with their stupid drunken antics).
I would probably avoid the stock market. I invested in the stock market back in 1996 and have been in it ever since.....made money hand over fist until late 1999.......it’s been soft or completely in the tank ever since.
My own meager savings adds up to about that amount and I too would like to know how to get the most out of it.
Property is probably the best investment , but at todays prices you cannot buy enough property with $100,000 dollars to place a Jiffy John on.
Buying CD’s at the banks is the safest way, but they don’t pay squat, and when hyper inflation hits your dollars will turn to crap.
Perhaps you could buy up tax sales when they are auctioned off, they have a 6% interest rate on them if they are paid back, and you get the land if they don’t, but $100,000 still won’t buy you much there either.
In answer, I don’t have an answer.It appears no one else here has any good ideas either. $100,000 dollars is a nice piece of change, but it is too much to just toss away and not enough to do anything with.
Key thing is to get guns at a low-as-possible price, keep them clean and just wait. They have always gotten an excellent rate of return.