gulffrontman

Karma: 75

WHERE TO PUT $50,000 TODAY

HIGHEST AND SAFEST PLACE

Answer this

+5 Views: 1075 Answers: 10 Posted: 13 years ago

10 Answers

IamPamela313

Karma: 225060

Sleep on it, put it under your mattress.

13 years ago. Rating: 7
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catgirl15

My thoughts exactly!

commented 13 years ago

IluvJesus

Karma: 18655

I'm with Daren1,I'll take it.LOL

13 years ago. Rating: 7
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Colleen

Karma: 2042400

In the bank? We are not an investment firm. We can't tell you how to invest it.

13 years ago. Rating: 6
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daren1

Karma: 724049

you can mail it to me i'm pretty trustworthy, or maybe a local bank.

13 years ago. Rating: 6
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digger

Karma: 221155

Lock it into a high interest bank chequing account that these days yields a whopping .5% annually !

13 years ago. Rating: 6
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Maz

Karma: 76630

With poor interest rates, it's difficult to advise.

13 years ago. Rating: 6
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IamPamela313

Until this economy gets better. At home in a safe place, use the money when it is needed.

commented 13 years ago

Maz

Could not agree more!

commented 13 years ago

catgirl15

Karma: 7505

Seriously, though, if you haven't paid off your mortgage, I would do that, because for the amount of money you're giving the bank in interest on it, I don't know of anywhere else you can safely get that kind of return on your money.

13 years ago. Rating: 6
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Shootah

That's a really good answer, as they would be saving themselves a lot more money, than banks give out in interest if the money was sitting in a bank.

commented 13 years ago

leeroy

Karma: 199220

Gold silver and precious metals is one of the most rewarding investments out there at the present time. I suggest you invest about half into gold or what ever precious metal you'd like.

One of my friends invested in gold a few years back and tripled his money. Not to mention when money is doing poorly gold is doing well.

13 years ago. Rating: 5
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facebook

Karma: 187476

Why not buy yourself a nice car and pick up some good looking guy or chick,and that will be the end of your investment.

13 years ago. Rating: 4
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IamPamela313

bad investment. lol!

commented 13 years ago

facebook

Well they didn't say good or bad!

commented 13 years ago

IamPamela313

I am talking about the comment you made. :-)

commented 13 years ago

facebook

That right! my point is there bad investment which is what I said. And there are good one if your smart enough to find one.

commented 13 years ago

Chiangmai

Karma: 370275

Some guidelines only:

$20,000 tax free municipal bonds

$5000 Gold

$5000 each of the following stocks: Apple Computer, Philip Morris International, Caterpillar or ExxonMobil, JP Morgan or Visa, EWY (Korean I-shares)

Total: $50000

ps: There's no such thing as Highest Return and Safest Place together and most importantly, there are no guarantees here as these are examples only. Invest at your own risk or contact your financial advisor.