What's the smartest thing to do with your money?

  • Thread starter Thread starter chris n
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chris n

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Banks I would suppose are a bad place. But what about Bonds and Stocks, is it smart to do 50/50 or more toward Bonds because they are less risky? I want to be able to get the most out of my money as possible with as low risk as possible (I know, that's an absurdity). My main goal is to be able to retire in like 30 years. Here is my info:

I currently have $260,000-270,000. I am 23. I don't have a college degree and don't think I am going to finish school right now. Maybe later though. I currently live with my parents without paying any rent so I don't spend any of that money right now. I plan on not touching the money in the next 10 years and I want to get the best return I get. My goal is for it to double in 10 years, so I need a 7.2% return(according to the rules of 72). Is there anyway to get that? I currently make 8.50/hr with little expenses.


RJ..that's not that much money
 
If you´re so stocked as you claim, why don´t you hire yourself a financial advisor. Don´t be so stingy ! God can take the money away from you in a moments notice so ´get off of your high horse´. Your sh#t stinks too ; so hopefully you wipe your aaassshole real clean. And I mean scrub it !!!!!!!!!
 
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