Where should I invest $120,000?

[AznSensation]

If you had $120,000, where would you invest in? savings account?

 

[JM Aggie08]

I have a high yielding savings account. You can put it there.

 

[zinfamous]

my pants.

 

[OCGuy]

That sounds like a.....


Ticket to ride, white line highway
Tell all your friends, they can go my way
Pay your toll, sell your soul
Pound for pound costs more than gold
The longer you stay, the more you pay
My white lines go a long way
Either up your nose or through your vein
With nothin to gain except killin’ your brain

 

[Nik]

This is what a Certified Personal Accountant is for, not Anandtech.

 

[arcenite]

Gold

 

[ShawnD1]

If you had $120,000, where would you invest in? savings account?

Right now? Stocks. Everything is still down. Buy now and you'll be hardcore rich by the time the economy is going.

 

[thegimp03]

I wouldn't put all of it into a savings account since rates are so low right now that they won't even keep up with inflation. Put a portion of it into the highest yielding savings account or long-term CD that can be found and the rest into a diversified portfolio.

 

[Homerboy]

That sounds like a.....


Ticket to ride, white line highway
Tell all your friends, they can go my way
Pay your toll, sell your soul
Pound for pound costs more than gold
The longer you stay, the more you pay
My white lines go a long way
Either up your nose or through your vein
With nothin to gain except killin’ your brain

White Liiiiiiiiiiiiiiiiiiiiiiines..... blow awaaaaaaaaaaaaaaay.
(all time classic)

 

[Miramonti]

This is what a Certified Personal Accountant is for, not Anandtech.

wTF, lol.

 

[OCGuy]

Lend it to Techboy JK.

 

[Lamont Burns]

property!

 

[speg]

How much risk can you take?

5 year bonds are paying ~5%

 

[olds]

120k won't even buy a decent car.
I'd get a dress shirt

 

[Pardus]

If you had $120,000, where would you invest in? savings account?

invest in a hot-tub time machine.

 

[Capt Caveman]

This is what a Certified Personal Accountant is for, not Anandtech.

Never heard of one.

 

[PhoKingGuy]

invest in a hot-tub time machine.

This is the best possible advice you could follow

 

[D1gger]

Come on guys it has to be hookers and blow.

 

[mmntech]

Give it to me. Every penny counts for my doomsday project.

 

[mattpegher]

First, do you own a home. If so, how much do you still owe.
What is your tolerance for risk.

As for me, I'd pay off some on one of my houses. You wont get any guaranteed interest on your investment better than about 2% now, and anything approximating a 5 or 6% that most of us have on our homes, would carry just to much risk. The savings from tax rebate is small, ie if you pay 10k in interest on a 200k loan in a year you get back only 3k, so you really paid 7k or 3.5%.

 

[silverpig]

I'd buy a couple pairs of diesel jeans.

 

[Noirish]

chase supposedly has some 15-year CD with rates (no higher than 8&#37 tied to mortgage rates (30yr - 2yr - .25%)*4, i think that's the formula. currently it gives 8%.

 

[MagnusTheBrewer]

I'd open a retro diner and show Guy Fieri how it's done.

 

[alfa147x]

120k won't even buy a decent car.
I'd get a dress shirt

Link? I need to order new shirts ASAP

 

[JS80]

This is what a Certified Personal Accountant is for, not Anandtech.

What the heck would a CPA do with the money?

Buy silver futures. 25-1 leverage. You will make $1 million this year guaranteed.