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what would be the best thing to do with 14 thousand dollars finincialy speaking.?

not spending it i mean best way to make more money out of 14 thousands dollars. what would you do?

pay down all your debt first, then open a savings account, then buy some no load mutual funds and hold for the long term

This entry was posted on Friday, October 30th, 2009 at 11:30 am and is filed under thousand dollars. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “what would be the best thing to do with 14 thousand dollars finincialy speaking.?”

  1. $so fresh so clean$ on October 30th, 2009 at 4:51 pm

    pay down all your debt first, then open a savings account, then buy some no load mutual funds and hold for the long term
    References :

  2. For the next year or two… put it in a FDIC insured Certificate of Deposit.

    If you want to play a little… put 10K into a CD and invest the remaining 4K in stocks…. Pick any of the big company stocks available for under $10 and see what happens in a year or two.

    A little bit of BofA, Citi, Ford, GM…..
    and most of it with Wells Fargo and U.S. Bank…
    References :

  3. Just put about $14,000 9in a short term cd (6 to 9 months) and put the rest in a saving account and just add to it every month or whenever you get paid. Don’t be concerned about low interest rates on the cd’s or savings. Just get into the habit of putting money away. My wife and I have been doing it for 36 years.
    References :
    Retired bill collector 35 years

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