I am wondering what would be the best way to invest 325k. Should I buy a house with some of the money and then invest the rest with a personal broker? What would offer me the best tax benefits? What would be the most profitable?
Thanks for the advice. Please lock mods.
- Thread starter Mill
- Start date
not sure what the real estate market is like out there, but if it was me, I'd find a way to buy some property, like a duplex or triplex, live in one and rent the others out. Depending where you are in the country, you might be able to buy a small apartment complex with that.
rh71
No Lifer
- Aug 28, 2001
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Buy a couple properties and rent them out. Undoubtedly the best way to make money.
This house was $330k, but it's only a one-family (and built that way). We could've gotten a mother-daughter further out east on the island for even less money, but dealing with tenants when you live in the same house is a different story. Buy something like that and rent out the entire space.
This house was $330k, but it's only a one-family (and built that way). We could've gotten a mother-daughter further out east on the island for even less money, but dealing with tenants when you live in the same house is a different story. Buy something like that and rent out the entire space.
You might want to just sit on it until the economy improves. Interest rates on bonds are really low so you wont get that much off your investment. Stock market forget about it. I dont know about property...
I think you should learn to spell realestate before you offer advice on it.
I agree, consult a professional.. And loan me 1000$ @ .5% for a 2 years.
I will not actually be investing for another 4 years and 9 months, but I am seeking opinions now. I do not want to make stupid decisions or get myself into a tax problem.
Alright then, TWO escalades!!
Seriously though, Interview a number of Financial Managers and have each of them propose multiple investment plans. Even if you're uninformed now, that relatively simple process will get your feet wet, increase your knowledge and give you an idea of what's out there without spending any money.
The real estate bubble might be ready to burst.
Anyone want to explain how every other facet of the economy is in the toilet but real estate prices keep rising? I don't think that can continue, at least at its current rate, forever. That being said, if you've got that much money, it won't kill you to sit on it for a year and feel things out. It's not like back in 1999 where in the bay area, properties were going up 5% a month. You can afford to wait it out and see if things soften. If you sense they are then it makes sense to wait a bit and then buy some property.
So yes, real estate is the good bet.
Right now might not be the right time.
Of course, there's the whole problem of interest rates. You'll have to judge whether the money you'd save from the softening of the market is more than the money you'd save if rates went up a half a point or whatever.
Anyone want to explain how every other facet of the economy is in the toilet but real estate prices keep rising? I don't think that can continue, at least at its current rate, forever. That being said, if you've got that much money, it won't kill you to sit on it for a year and feel things out. It's not like back in 1999 where in the bay area, properties were going up 5% a month. You can afford to wait it out and see if things soften. If you sense they are then it makes sense to wait a bit and then buy some property.
So yes, real estate is the good bet.
Right now might not be the right time.
Of course, there's the whole problem of interest rates. You'll have to judge whether the money you'd save from the softening of the market is more than the money you'd save if rates went up a half a point or whatever.
real estate is a good investment, mutual funds are more risky but I guess you can go 2/3 into bonds and 1/3 into stocks if you want to be safer
Motley Fool is a great site to learn some stuff about investing
Motley Fool is a great site to learn some stuff about investing
Yes I do realize. I am trying to see right now what options I will have. Already finding good stuff on motleyfool. Just trying to get my feet wet so I am no bamboozled when I get ready to invest.
PowerEngineer
Diamond Member
- Oct 22, 2001
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Why such a specific amount of time?
Anyways, anytime is a good time to invest in the stock market, given that you won't need the money anytime soon, and you're willing to diversify. You might want to look into accumulating blue chip stocks, stocks with historical stable increase in earnings from 5 - 10%. You might also want to look into high dividend stocks, especially in light of the possible end of taxation on dividends. There are many stocks out there that have very high, >10 % dividend yields. You should also invest yearly into tax saving investments, such as roth IRAs...I'm not too familiar with those though.
Heifetz
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