What to do with my $$$$?

Here%26#039;s my situation in a nutshell. I%26#039;ve worked every lousy job on the planet, put myself through college, and have managed to save some money, which is sitting in bank account at a measely rate of 4.5%. Inflation keeps biting at it. *Bite! Bite!*

I%26#039;m very risk-adverse, but realize that I MUST invest my money. I don%26#039;t want to invest in real estate for obvious reasons.

What do you guys suggest I do? 1) Invest in bonds @ 5%, 2) keep my money in CDs @ 4.5%, 3) buy an overpriced home, or 4) take my chances and risk it in the stock market???

What to do with my $$$$?mortgage lenders

Invest in any of the Peroni Funds at LPL. The minimum investment is $100K but the return is 18% to 20%.

What to do with my $$$$? loan

first, do NOT take a risk in the stock market or buy an overpriced home. All it%26#039;s gonna do is cause stress and probably debt.|||Coke and Hookers. Really good Hookers.|||It depends on how much you are talking about. I mean some people think a thousand dollars is a LOT of money. Are we talking one thousand or like one-HUNDRED thousand????|||5) Spend your money! Life%26#039;s too short, You could die tomorrow.|||I would recommend a balanced portfolio investment such as Fidelity Balanced mutual funds so that your money is getting a better return but you are not facing a lot of risk by investing in individual stocks.|||I would do the CD%26#039;S that way if something happens and you need the money it will be easy for you to get it. You can always reinvest the intrest|||You might consider real estate or buy gold. Kruggerands can be purchased at coin shops and their value keeps going up!|||If you have enough for a down payment on a home, have a steady job, then go for the house. With foreclosures up, you can probably get a good buy on a house provided you get a lock on the interest rate.

Since you have to live somewhere, then now or even in 6 months is a good time to buy. The prices are dropping. It%26#039;s the same as buying a stock in a good company. If the company is solid, then you should have confidence in it.

If you deffer your purchasing a home now, that same house will go up in price. Bet on it.

Of course, so will the stock.|||You should put some money in bonds, some in CDs and some in the market.

A balanced portfolio is always best.|||No-load indexed mutual funds.|||Since you are very risk adverse, I suggest you start setting up an emergency funds that should be worth around 6 mths of your mthly expenses. This funds should be put in very liquid assets, like money market funds to earn some interest.

Only when this fund is built, the next thing you should do is to get insurance covers. Cover yourself with insurance for hospitalisation, major illnesses, accidents and so on.

Once you have got yourself covered. Then you should move on to investing which requires you to be a risk taker.

While building your emergency funds and working on your insurance cover. Set aside some money to attend investment seminar or buy personal finance or investment books. This is to help you become more financial literate, to equip you with the necessary knowledge and skills to manage your and invest better. Only by brushing up your financial literacy, would you then have a chance of being financially secure or fiancially free.

Hope the information helps!