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What is the best investment option for a 30 year old person who had just inheirited 300 000?
That all depends on whether or not you have "emergency" money socked away among other things. any debt? in other words, is there a high possibility that you might have to touch it in the near future? because if not, in this day and age, considering the economic climate, i would give serious consideration to putting it into a long term (10+ yr ) equity indexed FIXED annuity. emphasis on FIXED so that you can protect your principal (assuming you can't bail out and use it early). these products come with really nice bonuses. for instance, you can get a nice 14 year annuity at Equitrust called a Market Power Bonus Index Annuity and it pays you a 10% bonus just for putting your money there. Right off the bat, you will make $30,000 just for parking it there for 14 years while it works for you.
What else can I help you with?
Explain the process to determine a person best housing option?
The best way to determine the best housing option for a person is to assess their needs and their finances.
What is the best way to go about purchasing a building to make it into rental apartments in Texas?
the best way to go for it is online and search best option. purchasing and putting it for rent is a good option of investment and income.
Which is the best investment banking firm in Wichita,KS?
Trust CO of Kansas would be a good option.
What are the best options for investment loans in Australia?
The best options for investment loans in Australia include traditional banks, credit unions, and online lenders. It's important to compare interest rates, fees, and terms to find the most suitable option for your investment goals.
Is an AXA variable annuity a good savings option for a young person?
No it is not a good savings investment. It's best to have a savings account with your preffered bank choice. Save some money and never touch. As a young person saves money interest starts paying up.
What is the best no risk investment option available?
The best no-risk investment option available is a high-yield savings account or a certificate of deposit (CD) from a reputable bank. These options offer guaranteed returns and are insured by the Federal Deposit Insurance Corporation (FDIC) up to certain limits, making them low-risk choices for preserving your capital.
What resources should you use when investing online?
Their are many services designed to help a person wishing to invest online.If you are new to the investment business then chosing one of these companies is the best option for you to take away the risks involved with online investing.
What is the best CD option for investing for 3 months?
For a 3-month investment, a high-yield certificate of deposit (CD) with a competitive interest rate and low minimum deposit requirement would be a good option. Look for a CD with a term that matches your investment timeline to maximize returns.
What are the differences between Vanguard and Voya and which one would be a better investment option for me?
Vanguard and Voya are both financial companies that offer investment options, but they have some key differences. Vanguard is known for its low-cost index funds and focus on long-term investing, while Voya offers a wider range of investment products and services. If you are looking for a simple and cost-effective investment option, Vanguard may be a better choice. However, if you prefer a more diverse selection of investment options and personalized services, Voya could be a better fit for you. Ultimately, the best investment option for you will depend on your financial goals, risk tolerance, and investment preferences.
What is the best option for a person who has had three drinks in an hour?
Have some else drive.
What types of IRA accounts are best for middle class?
The best type of IRA account for a middle class person to invest in would be a Roth IRA account with high yield. Speaking with an investment broker to get the best deal on an investment is necessary.
What is the best investment option: 401k or stocks?
The best investment option depends on your financial goals and risk tolerance. A 401k is a retirement account offered by employers with tax advantages and employer matching, while stocks offer potential for higher returns but also higher risk. It's generally recommended to have a diversified portfolio that includes both 401k and stocks to balance risk and return.
