If you have 50k, Where will you invest?

@barvie (32)
Philippines
April 3, 2009 8:56pm CST
I dont have yet earned 50k in my life.lol.I just want to know from you where will you invest invest.
6 responses
@CMTS_87 (1342)
• Philippines
4 Apr 09
I'll put a a cafe or an ice cream parlor. Happy MyLotting!
@CMTS_87 (1342)
• Philippines
4 Apr 09
*put up
@arcidy (5016)
• United States
4 Apr 09
Well I probally would put most of it in the bank. Since thats the best way to save money and earn money. Also I might invest it in a few stocks. With stocks so low this might be a good time to invest in stocks. Because they will go back up again and you can make some pretty good money. Now thats how I would invest in 50 thousand dollars.
• United States
4 Apr 09
I would 20k on my morgage 10k on my son for college or for when hes 30 lol 10k on my daughter for her college or when shes 30 and 10k on new wardrobe and car
@goldeneagle (6775)
• United States
4 Apr 09
The first thing I would do with $50k would be to pay off some debt, but if I were debt free, and I had $50K, I would probably put most of it in CD's at a bank. That is surely not the highest earning place to put it, but with the way the economy is right now, that would be about the safest place to put it. I was talking to one of my customers at work a few nights ago, and he told me that he has lost $25K in the stock market. He is now pretty much broke, and is looking for a second job. The stock market is probably the last place I would be thinking about investing right now. Your best bet would probably be CD's or a high-yield money-market account for right now.
• United States
4 Apr 09
If I had 50k, I would take 10k and put it aside for my son for when he gets older. I would save that for his college, if he decides to go to college. Then I would take 20k and invest in bank cds. Granted cds do not make much intrest, but it would be a back up. The other 30k...well I would take 10k and buy a better vehicle. The other 20k well I would prolly invest in some stock and bonds depending on the stock market. Otherwise I would take the 20k and invest in something that I would know would do good in the long run. I would prolly end up going back to college and finishing my schooling and then opening up my own accounting business with my other 2 accountant friends
• Philippines
4 Apr 09
I am wishing I could have the same amount as well, since I wanted to engage into long desired business I wanted, its a photocopier shop with some graphics acceptance sort of thing, or perhaps a photo printing thing. I hope I would be able to realize this in a short time.