Investing my settlement money
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floris Apprentice
Joined: 17 Dec 2005 Posts: 5
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Posted: 12/04/07 - 08:11 Post subject: |
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| I have finally collected my settlement money for the accident that occurred last year; I was hit by a car. It’s good amount of money and I would like to invest it. Plus, I also received settlement money from shareholders so I’d like to invest it too. What to do? I am 27 years old and I was thinking of down payment on a house. |
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tiphany Apprentice
Joined: 20 Jun 2006 Posts: 6
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Posted: 01/03/08 - 03:24 Post subject: |
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| Before you start investing you better check on your taxes. Then pay off possible debts and start reconsidering investing in stocks. They are long-term investments and can be very beneficial. You may hire a financial advisor to help you invest into a secure thing that you can withdraw after 5 to 10 years without paying any penalties. Don’t forget a health insurance, nowadays it’s a good alternative to investments. |
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