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What would you do if you had $70,000 cash in the bank?


I'm looking for an investment. Stocks, real estate. I don't want to let it sit in the bank. I don't have any debt (other than my mortgage). Any suggestions?

Pay that mortgage off and buy some 5% cds right now. Then if an emergency arises you can get the money if you have to.

buy a house!

Find an investment fund that specializes in the energy field.

First, don't tell anyone that you have 70k just sitting there. You don't want to get new gold-digging friends or partners.

Second, I would look up a "financial planner" to help you decide. Note: they aren't cheap. They should help you invest the money and help save on taxes.

Third, don't listen to family or friends suggesting what to do with that cash. Don't abandon then either.

Fourth, don't quit your day job. :)

I would seriously consider investing part of it (say $10,000) in the stockmarket. Look at the returns systems like the stocksmonthly system have been producing. At the very least it will produce a degree of excitement and most likely make you fairly wealthy.

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