garrettmarvel2010 wrote: hey all - this is not a promo, its a legitimate question... in the next several months I will be landing a business lawsuit settlement that will put myself and partners in a cash positive position to invest in new opportunities... so does anyone have any solid suggestions worth looking at?
My investments have been long term high risk stocks that I'm sitting on like Alternative Energy and Stem Cells (like buying a lottery ticket)
If you don't need the 100k and your older and can't afford the risk, i'd throw 50k into a Fixed Annuity with inflation protection, then wait for rates to get better and put the last 50k into the same annuity with the better rate. Use USAA or Vanguard.
If your younger, you can do the deferred annuity but you may like a 401k better since they do matching. I would max out 16k/year for the tax deferal and +5k/year if your over 50. Besides the matching, I like deferred annuities better due to the guarantee and no loss of principal. Nobody lost principal or interest on their annuities like they did with there 401k few years ago. My father lost 50% of his retirement income and hasn't gained it all back yet. Dividens were cut as well and that is what most retirees live off of. You can roll over a 401k into an unnuity at retirement for a guaranteed rate and payments may even be the same.
I bought a condo cash at 4% ROI. You won't do much better than this especially if you have a mortgage. People try and bet on appreciation but thats speculation and you win when you buy, not when you sell. Not good if your a risky investor because this is a long term investment as should all real estate should be.
What do you want to do with it?
I don' t know what I' m doing but at least I' m doing.
Von Snyder 2006