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Where should I, a 51 year old man on SSD,invest my money? |
I am 51 years old and on social security disability. My checking account. check with your bank , maybe a CD would be good for you You have money left over for investments? WOW. You certainly are lucky. You could live another 30 years or more...that's plenty of time to still save and invest for. Typical advice is to put 50% in bonds and 50% in stocks for your age. Tip for stocks: invest in medium-large cap stocks. It's less risky. |
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Invest in the index funds with 2-3 years horizon. You should get reasonable tax free returns over 5-7% above inflation. ...In 1936, the federal government published an informational pamphlet on Social Security. It stated: "鈥nd finally, beginning in 1949, 12 years from now, you and your employer will each p... Ok first off congratulations on investing, looking for places to put your hard earned capitol to work for you is paramount to building wealth. Now this new found road is not without its perils, and... You will be taxed on that profit unless you roll the money over into another real estate investment. Taxes could eat up a lot of that profit. You cannot place the money into a company 401k but yo... --Stay with the no debt modus-operandi--forever; --Put your money in a high yield CD until you learn how to invest in the stock market, commodities market, futures market, real-estate, bond-market... Sharebuilder.com lets you invest any amount you want, if its a $60 stock and you only invest $25 it will buy the fractions of a share for you, then next month you can do it again and again etc... Find something you really love to do to fill your leisure hours that does not require spending a lot of money. The love of life is not conditioned upon having a lot of money. There are rich miser... hi man u also invest money in international market or indian market u earn more money from it ok ... |
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