Investing options for $50-$100k ?
Someone asked me what are their longish term (5yrs) investing options for , say $50k - $100k or even $100k-$200k ?
I wasn't sure how to answer it. I said, for starters put it in the ING or Emigrant account while you're deciding on how to invest it.
Realestate is what I thought of first except you can't buy even a driveway of a house with that money let alone the whole house. Not to mention realestate is over inflated and in the last 4 months the market has stopped growing...I'm thinking it'll be 6 mos to 1 yrs before we see the prices come down.
Index funds is another option but even I'm struggling to find the right funds to invest my Roth ($3500) funds into.
CDs don't seem like a great option right now as the interest rates are sure to climb and you don't want to get locked into a low rate. 1 yr CDs aren't paying much more than ING/Emigrant.
That's about all the things I could think of.
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