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making the most of 300K
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If you found yourself with 300K (nothing else) on which to build your future, what would you do to make the most of it? Taking risks would be, well, risky, as no more money will come your way other than what this 300K makes for you...
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No best answer has yet been selected by princerupe74. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.I googled it and came up with this:
http:// www.thi sismone ...0000 0-for-i ncome.h tml
Problem is, I've no idea what it means :-(
http://
Problem is, I've no idea what it means :-(
It really depends on your age, in my opinion, and on what other financial arrangements, property, commitments, attitude to risk, etc. you have. If the answer isn't obvious you need proper financial advice.
In my case I'd lnvest it in safe (but good rate) interest accounts and live off the money for 10 years, thus enabling me to defer drawing my private /company pension until I'm nearer 65. I'd put it in a mixture of fixed period accounts- some instant access, some one year, some 2 year.... up to 5 years.
In my case I'd lnvest it in safe (but good rate) interest accounts and live off the money for 10 years, thus enabling me to defer drawing my private /company pension until I'm nearer 65. I'd put it in a mixture of fixed period accounts- some instant access, some one year, some 2 year.... up to 5 years.
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