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What to Do With $100,000
With more people receiving windfalls, we look at the wisest ways to spend them.
 
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User Comments
Posted 10:29 AM EST February 13, 2008
Posted by: oltexan
The general thrust of this article is buy real estate for the leverage. But having $100K doesn't qualify you for a $1M purchase. And if you sell it for $1.1M the realtor's cut alone will be $66K. Yes you can do well with real estate but many people do not understand nor have the depth needed to absorb the risk. The foreclosures and fire sales in todays real estate market are obvious evidence of this.
Posted 4:17 PM EST February 12, 2008
Posted by: maritalfinancier
Kudos for including charity!!! Financial investments may last a life time but charity last an eternity!!!
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