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What can I do with 200 000 dollars?

I have inherited $200.000 and I don't know what to do with it. I'm 27 and working but I certainly don't want this money to just sit in the bank. Do you have any ideas what I can do with it or where I can invest? Thanks in advance.

Update:

Yes I have degree and I dont have any depts..

8 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    I assume you mean $200.00. You could open a brokerage account and buy shares of stock. You can buy stock at Sharebuilder for $4. I doubt you have enough for a CD or money market at most banks.

  • 1 decade ago

    It depends on what your goals are. But here are some ideas. First pay off debts. You're young. Get an education if you dont already have one. Make a down payment on a house if you dont have one. Put about six months worth of living expenses in a CD as an emergency fund. Start an IRA if you dont have one already. Put the rest in stock and bond mutual funds. The rule of thumb is to put the same percentage as your age in bonds and fixed income and the rest in stocks.

  • 1 decade ago

    Invest it in the market. Follow a proper asset allocation and use low costing ETFs. By investing today at 27, that amount could go a long way to funding your retirement. I would recommend Burton Malkiel's allocation:

    20% Vanguard Total Stock Market ETF (symbol VTI) Tracks a broad index of U.S. companies

    20% Vanguard FTSE All-World ex-US ETF (VEU) Tracks a broad index of foreign stocks

    20% Vanguard Total Bond Market ETF (BND) Tracks a broad index of high-quality U.S. bonds

    10% Vanguard Capital Opportunity (VHCOX) An actively managed fund that focuses on big growth companies

    10% Vanguard Emerging Markets ETF (VWO) Tracks an index of stocks of developing nations

    10% Templeton Dragon (TDF) Invests in stocks from China and nearby nations

    10% Matthews India (MINDX) Invests in stocks from India

  • DaDiva
    Lv 4
    1 decade ago

    Buy a home. With the housing market the way it is today you can get a home that was worth $600,000 just 2 years ago and now $200,000. Everyone is predicting that in 2 more years our economy will be back on track and housing will be going back up. Not a bad investment I think. I would not invest in any stock at this time...you may lose your money!

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  • ?
    Lv 7
    1 decade ago

    Consult some financial advisors and/or conduct personal research into the options available to you.

    Source(s): Experience.
  • Anonymous
    1 decade ago

    If you have a house pay it off, if not buy one in cash, there are some deals out there! You should be able to find one...

  • 1 decade ago

    stocks

  • Anonymous
    1 decade ago

    send me $50.000,

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