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Shaun225 Shaun225 22-25, M 23 Answers Oct 5, 2012 in Community

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If it's your money put it in a bank<br />
buy a house<br />
land<br />
a car<br />
give a little to charity if you can

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Help a pet shelter, an orphanage, a NGO...

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Pet shelter sounds like a nice plan. I luv pets but I can't have a dog in the apartment

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Same here :/

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That really sucks

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Rule of thumb is save 10% in safe place like savings account or CD. After that I'd blow 10% having a good time. You'd still have 70K which is enough for a down payment - or in some areas an outright buy - of property to live in. Or you could invest it but diversify if you do: some precious metals (10 - 20%), some bonds (30 - 40%), and the rest in a mutual stock fund or two . You can PM me if you like.

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Do you have to pay fees when you invest in CD's?

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No, banks do it free but you will get almost nothing for interest. It's just safe and really not considered investing.

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That sucks

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That's why you do the other things I said BUT you could lose a lot. THAT sucks. :)

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Bonds

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2 More Responses

I would suggest speaking to an adviser and see what they say. Don't waste it

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Pay your bills.

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Anything you want! Twice probably! Have fun....

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If you can be patient for years and years, copy whatever Warren Buffett is doing, and don't deviate out of impatience.

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Invest it in the stock market and turn it into $40,000.

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Options are even better - you can end up with three dollars in less than a month. ROFL
FYI the stock market is near a multi-year high after a good year up.

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Invest in BAIN Capital. I hear they know how to guarantee profits.

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Do something charitable, pay off some bills, save it for other times, and IM me so I can send you my address!! oh and buy a pony--lol

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1. Pay any outstanding debts or bills.<br />
2. Consider whatever form of investment is appropriate for your situation (buying property is always a good investement as it rarely devaluate, plus... well, you can live in it, have your own place) and invest a good chunk of it.<br />
3. Keep some for what matters to you most: treat your friends or family, donate to a charity whose work you believe in, travel, treat yourself, too...

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If you dont know what to do with it, give it to me i hav a million thing to do with it haha

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Stick it in the bank.

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Buy a house

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CASINO!!!

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Save 500 for the casino

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Take It To The Bank And save it til your old

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