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SVTPerformance's Chain of Restaurants
Road Side Pub
SVTP investment gurus come on in..
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<blockquote data-quote="Sap" data-source="post: 9182737" data-attributes="member: 47401"><p>1). Pay off anything High Interest - Credit Card, Car Loan, etc.</p><p>2). Get a copy of your credit report and pay off anything outstanding or in collections you might have forgotten about</p><p>3). Take a look at any items you make monthly payments on that you could just pay off to bring in more every month. Home / Car Insurance Payments for example</p><p></p><p>4). Whatever the remaining balance, take 2-5% and blow it on something fun (vacation, car parts, booze/strippers, etc.)</p><p></p><p>5). Put 10-15k in your savings account for a rainy day</p><p></p><p>6). Now talk to a financial advisor and invest anything remaining, 75% in low risk ventures, this will yield 2-4% which you can reinvest or replenish savings with. Put the other 25% in medium risk investments. </p><p></p><p>Good Luck and just take your time and think things through. Most people who come into money have no idea what to do with it and end up blowing it.</p><p></p><p>:beer:</p></blockquote><p></p>
[QUOTE="Sap, post: 9182737, member: 47401"] 1). Pay off anything High Interest - Credit Card, Car Loan, etc. 2). Get a copy of your credit report and pay off anything outstanding or in collections you might have forgotten about 3). Take a look at any items you make monthly payments on that you could just pay off to bring in more every month. Home / Car Insurance Payments for example 4). Whatever the remaining balance, take 2-5% and blow it on something fun (vacation, car parts, booze/strippers, etc.) 5). Put 10-15k in your savings account for a rainy day 6). Now talk to a financial advisor and invest anything remaining, 75% in low risk ventures, this will yield 2-4% which you can reinvest or replenish savings with. Put the other 25% in medium risk investments. Good Luck and just take your time and think things through. Most people who come into money have no idea what to do with it and end up blowing it. :beer: [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
SVTP investment gurus come on in..
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