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Hypothetical Situation $50k

gogogators

By gogogators
in Money Management

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gogogators

gogogators

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Imagine you had $50k and you wanted to put it into some sort of savings/investment for retirement in 10-15 years or so. What would you do with it?

 

IRA?

High yield savings?

Mutual funds?

etc...?

 

 

Any ideas?


meathead

meathead

Posted
Posted

If you have any high interest debt pay that off first; can't beat that return. Then sock away the rest and whatever you save monthly from not having to service debt paid into good mutual funds.

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