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What should I do with the free cash I have?


I plan on investing it. Should I invest it in gold mining stocks, S&P small, mid, or large cap indexes, or something else? I don't plan on needing the money for years, I'm 29 years old.

invest in real estate the best returns for your money and the safest way to encash it when you are in need

if you are from canada invest it in TIM HORTONS...its the best you can do because they keep rising.I am looking for a sugar daddy..hehehehe even though I am 33.

Invest in mutual funds. You'll get long term gains on it.

u have free cash........and u dont need it for years.........give it to me naa then

u could invest it in my bank account. Speak to a financial adviser.

Invest in Sirius Sat. Radio. It will go far. It is only around $4 per share now and has not split. With Nascar coming next year and Howard Stern already on it is going no where but up from here. Siri is the letters for the stock market, check it out

The best thing you can do is lend that money to me so that i can start my business, i know its hard to trust some strager in this case but i can show you my whole business plan and if that sounds good to you, we can go ahead. I am really having a booming business plan and i want to start on my own but i dont' have enough money for that. Moreover its really hard to get business loan at my age (19) in India
I will be waiting for your e-mail at mohitmadaan@gmail.com
Thanks and Regards
Mohit Madaan

Your best bet is to go to a professional finance adviser.

First, I would make sure you have at least 3 months salary saved up in the bank or in a money market fund for an emergency fund. (Some people say 6 months.) Financial disasters like getting layed off or sick happen to all of us.

Second, I would pay off all high interest debt. Pay off everything you can except the house mortgage and student loans. Paying off debt is one of the best investments you can make. You will have more money in the future because you won't have credit card bills to pay.

Third, if you have money left, start investing in stocks, bonds, and money market funds. You want to buy a diversified portfolio of stocks, as individual stocks are too risky. For most folks this means buying mutual funds. I like Vanguard.com, other people like Fidelity, TIAA-CREF, and DFA. Buy no-load, low cost funds. If you are like most people you will invest part of your money conservatively, in money market funds and bond funds, and part aggressively in stock funds. Vanguard.com has an on-line questionnaire which will give you an idea how aggressive you want to be.

For the least volatility I would suggest putting approximately 80% of your stock money in the Vanguard Total Stock Market Index Fund and approximately 20% in a diversified Foreign Stock Fund. The Total Stock Market fund will give you large, midcap and small exposure. I am not a great fan of gold mining stocks. If you do buy gold mining stocks, put only a small amount of your money into it. These stock are notoriously volatile.

Investing in a mutual fund IRA for retirement may give you an income tax break. Talk to your tax adviser. You may also be able to invest in a stock mutual fund via a 401K plan at work. Buying a house instead of renting will make you a lot of money in the long run.

Believing advice you get on Yahoo answers can be risky, so read these websites for further information. If you find it too confusing, contact a professional financial advisor. They will charge you significant commissions, however.

Place some into long term savings such as a money market or CD for emergency use...place other funds with a financial advisor, and diversify, diversify, diversify your investments into strong companies, well managed mutual funds, and AAA+bonds...bonds can either be corporate (they have the best interest rates but they create a higher tax bill) or try US treasury bonds they are tax free but you may have to pay state tax, or try municipal bonds in your home state they are federal and state tax free........

There are great ways to make money from home. The best way is to own a home-based business. One great business is your own online travel agency. Look up www.onesourcetours.com for a company presentation. You earn 60% of the commission on all travel booked through your website. And all you have to do is point people to your website. I can help you set this up, it鈥檚 very simple. Just visit www.onesourcetours.com for all the details. Or email me at admin@onesourcetours.com

u can do business with it..or keep it in the bank or give it to me..duchess_jewellery@hotmail.com

I can give you advice.

Top 3 Answerer in Business & Finance. (Vote for me)

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