Localfund.com - All about Fund and Investment
*Home>>>Money Investment

I have suddenly become rich, what to do now?


It is true! I have inherited some money, won a lawsuit, and my investments are paying off!! I have been poor my whole life except for the past 2 years. I have bought a house, car, and a plasma t.v. It seams I have everything, and couldn't be happier. My friends just say to keep saving it. I don't know what to do now!

I don't know how much $$ you really have, but if you have, say 2 million, you can put it in money markets, CDs, or even online savings accounts, all paying roughly 5%, that's 100 grand a year, every year, for life, just for parking your money! Knowing you already have a stash, you can feel more free with your 100k automatic income to enjoy life, contribute to charities, or whatever interests you. Want to take on more risk? consider stocks and bonds for a higher, but less stable returns. Guaranteed income for life, what could be better?

Give it to me. lol. Seriously though, you should invest some of it.

I think you should invest your money in something.Like something you are good at,or just open your small bussiness which can grow as suddenly as you suddenly became rich.

Lend me 20 grand. I麓ll pay you in 5 years. No, seriously. good for you. Save it and do some good to people who are not as lucky as you. Have a nice day.

marry me

Fly Holt McCallany to a dinner with me.

Good for you, first of all! I am happy for you. INVEST WISELY!!!
Be careful if you choose to settle down!! Don't blow it on booze, drugs or gambling, either. Donate to charities - its tax deductible! REMEMBER: A fool and his money are soon parted!

Money is a tool. Seek out you passions.

do you need any friends?! (I kid)
A house is always a good investment.

Invest, invest, invest! Make your money make money! Open a franchise business, get into real estate house flipping...the possibilities are endless. Give some to your local church if you attend. Look at family, such as mom and dad, and see if there is some way you can give back something to them for all they did for you growing up. Don't spend it all. Try and save it or invest it. You'll be glad one day you did!

Keep on saving. You could sudddenly lose everything in a few years, who knows. Put the money in a safe place and savefor a rainy day.

Donate to a Charity - Karma is a beautiful thing.

You could also loan me $5000.00 for the lawyer I need.

Please Donate some money there's alot of need for Donation for St. Jude's Medical Center!! They help families that have severe ill children.

Save some some, spend some, invest some, give some away..
No easy answer, but you must learn to say "no" to the people who will inevitably come out of the woodwork and want to share in your good fortune.


Good luck and congratulations!

open a hotel

Tags
  Online Business   Offshore Investment   Mutual Fund   Money Market Funds   Money Investment   Managed Fund   Make Money   Low Risk Investment   Long Term Investment
Related information
  • Diversified Investments?

    Invest in art..it always works out

    ...
  • Anyone know any secrets of the internet?

    I recommend you do a little research with the Business Opportunity Search Engine. Being community driven it鈥檚 a cross between a search engine and a Wikipedia. You can add, delete and improve the re...

  • Looking into flipping homes. can i get some tips on loans?

    have you even looked at what is going on with the housing market this year? Flipping died out back in 05. Dion't do it.

    ...
  • Has anyone operated a food franchise with partners? Any issues I need to be aware of?

    Too many people for one, and too many ways of cheating each-other in the food business

    ...
  • Why do so many agents on here make broad generalizations and recomendations?

    I agree. There is no one insurance product that is for everyone in every situation. Every person is different. They all have different reasons for purchasing an insurance product. They are in diffe...

  • What can you do with 拢300?

    Put it on Leeds staying up,

    ...
  • Best way to invest $2000 for someone with no assets and no savings?

    A credit union savings account would be OK, if you qualify. Otherwise a bank savings account. Since you have no other savings, you need to have the $2,000 available quickly in case of an emergency....

  • What is the return on opening up a retail store like sprint/Nextel?

    ask them

    ...
  •  

    Categories--Copyright/IP Policy--Contact Webmaster