What Would You Do......

[gavinmccallister]

If someone gave you $50,000.00 to use for 1 year, and you had to pay back the entire $50,000.00 at the end of the 1 year period, but would be able to keep the interest, how would you invest the money to get the most interest, but you can't lose any of it because you have to pay back the full amount at the end of the 1 year period.

[Ima saver]

Re: What Would You Do......

Well I would be very dull and put it in a high paying CD. I will for sure make at least $2500 using his money! I would also wonder why the guy was so stupid to give me $50,000 to use for one year free. Any more, he would like me to invest for me??

[tabbycat31]

Re: What Would You Do......

I'd probably put it in a CD too. I put 4K in a stock account (growth mutual fund) in March and it's lost money (I won't need it for 40 years though)

[Hypersion]

Re: What Would You Do......

t-bills since they are state income tax free. Or maybe even a insurance backed muni bond.

[PRICEPLUS]

Re: What Would You Do......

I guess I am old fashioned. I would not take the 50 large to begin with.

[Ima saver]

Re: What Would You Do......

Good, when he offers it to you and you say no, tell him Ima will sure take it!![Automated by GetSmile]

[PrincessPerky]

Re: What Would You Do......

I think I would take the 50-whatever interest the CD would give me..then use that intrest amount to try somtihing more risky..like a business..or stocks..or play poker

that way if the risky failed I would still not owe any amount.

[shengmei]

Re: What Would You Do......

In this neighborhood, I could probably buy a house for that amount of money.

I would save $375 every month on rent. That is better than any investment.