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what can I do with $200.000?

I have inherited $200.000 (two hundred thousand dollars) 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. (for spoilers its not $200 or $2.000 it is $200.000)

14 Answers

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  • 1 decade ago
    Favorite Answer

    Well invest in the stock market but make sure you only put in what you can afford to lose.

  • Rabbit
    Lv 7
    1 decade ago

    Xcel Energy made a profit last year of some $600M, even after losing some $2B from their investments. They have some $7B in equity and $17B in other debt, the latter being kind of bothersome, but they also have $3B in current assets so I think they are good to weather the current storm. While the common stock sells for around $18 and change, consider their preferred stock. Their preferred series A-E and G are cummulative preferred (which is to say they owe you the dividend even if they suspend paying dividends, so when they start again you are in line before common stockholders). The A shares are currently selling for around $60 but they can be called by Xcel at any time, but they will have to pay $103 and change per share if they do. So while they pay $3.60 annual dividend (paid quarterly) the effective yield is running close to 6% -- taxed at 15%! The G series shares pay a $4.56 annual dividend, but their shares are selling for almost $80 and while their yield is a tad bit lower than the A series, you still get the 15% tax rate.

    There are many others, over 400 issues with the special tax benefit from what my source says. Still, not all companies are on solid financial footing these days. Don't pay a premium on a callable issue because, for example, paying $107 for a $5 dividend is going to get wiped out if the company pays you only $100. (Usual issue amounts are $25, 50, and 100) Find 10 or so good companies and divy your money across them (probably with a little cash cushion as well).

  • 1 decade ago

    http://whit.me/StocksRobot

    Before you start investing, check that site out.

    We all heard of "Forex RoBot" which automatically executes decision intelligently to make gains... that site features a Stock Market RoBot! It intelligently executes actions to make gains and it's a Fortune generator.

    To make lots of money you got to spend some money. That is the official website that helped me start making thousands recently. It was featured in Forbes magazine before - it is damn good. Even Mutual Fund Managers use it! Many people praised the Robot and wrote testimonials.

    Especially with the current economic crisis, imagine how much you can make once it hits the bull market!

  • sam
    Lv 4
    1 decade ago

    if you want to earn 2 to 3 times of what you put in you should invest in citi bank now

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  • Anonymous
    1 decade ago

    Invest them wisely. Check it out here. It’s an excellent site with some wonderful options for you. It will definitely help you. Have a look.

    http://investments-insurance.we.bs/sharesnstocks.h...

  • Anonymous
    1 decade ago

    u can invest it in any GOOD bank or

    spend it on studies..get a major or a career

    buy a car

    save money for ur future kids, wife, house

    go somewhere...europe...austrailia..asia..idk

    SHOP! LOL

    gud luck and make wise choices

    bye

  • 1 decade ago

    If you are serious to invest, you can google for HSFX Asset Management and start making consistent profits!

  • Anonymous
    1 decade ago

    You can consider FX Funds Group if you would like to make 2% - 15% per month.

    search for myfxfunds in google search engine for more information.

  • 1 decade ago

    pay for my university tuition :} haha just playing. i would find a good, trustworthy finance/business man and have him help you invest it to make it just grow and grow over time. they have services with people who will tell you what you should and shouldn't do when you get that much money

  • 1 decade ago

    Well you could quit your job for starters......... nah.. I would just put it in a high interest account and save up for a house. Sorry if that doesnt suit, but thats what i would do!

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