So one of my businesses have been dissolved and im left with $50,000USD

[gregshin]

i was thinking about putting it in mutual funds for a year...i dont want to just sit on $50,000usd in a bank account...what should i do?

 

[Hyperblaze]

invest, start another business?

lots of possibilties.

 

[QurazyQuisp]

Buy a new car... haha. It's a wonderful investment.

 

[ruffilb]

no idea.

Pay off any high-interest debts you might have, but if you're asking this question...

 

[robothouse77]

and "all-out" vegas trip

 

[FoBoT]

gold, buy gold




j/k

 

You are a businessman by trade and don't know what to do with 50K in cash?... right.

 

[imported_Tick]

Down payment on house?

 

[fbrdphreak]

Invest, save; take the money you make off that investment and buy some cool stuff

 

[2cpuminimum]

Buy oil.

 

[MrDudeMan]

Originally posted by: SampSon
You are a businessman by trade and don't know what to do with 50K in cash?... right.

agreed

shens like woah

 

[Kenazo]

Originally posted by: Bigsm00th

Originally posted by: SampSon
You are a businessman by trade and don't know what to do with 50K in cash?... right.

agreed

shens like woah

There's maybe a reason behind the dissolution..

 

Originally posted by: Kenazo

Originally posted by: Bigsm00th

Originally posted by: SampSon
You are a businessman by trade and don't know what to do with 50K in cash?... right.

agreed

shens like woah

There's maybe a reason behind the dissolution..

When businesses go under, you don't walk away with cash.

 

[CarlKillerMiller]

Originally posted by: Kenazo

Originally posted by: Bigsm00th

Originally posted by: SampSon
You are a businessman by trade and don't know what to do with 50K in cash?... right.

agreed

shens like woah

There's maybe a reason behind the dissolution..

"So, Admiral Landlord, is the rent to be paid in cash or pineapples?"

 

[Cobalt]

Donate to the cobalt fund so I can buy a 7800GT, I'm poor.

 

[DaveSimmons]

Originally posted by: gregshin
i was thinking about putting it in mutual funds for a year...i dont want to just sit on $50,000usd in a bank account...what should i do?

Assuming this isn't shens, mutual funds for just a year is a bad idea, they are a longer term investment.

For just a year, INGDIrect / Emigrant, savings account or CD.

 

[PottedMeat]

investment - make friends with a nigerian in need ( im sure they could more than pay you back )

 

[herkulease]

lap dances

 

[vi edit]

Tbills and/or a CD that provides you with a bump up provision or two.

 

[mercanucaribe]

Two ugly chicks at the same time.

 

[Taggart]

Open an ING Direct account, I can give you a referral!

 

[Bozono]

Go to Disneyland followed by Alaskan Cruise followed by 3 week coke binge followed by suicide by way of jumping out of rented helicopter into the Costa Rican jungle. Make sure you have at least $10 American in pocket at time of death.

 

[quakefiend420]

Originally posted by: Bigsm00th

Originally posted by: SampSon
You are a businessman by trade and don't know what to do with 50K in cash?... right.

agreed

shens like woah

thirded

 

[vi edit]

Or muni money market accounts

 

[Ns1]

invest in weed