posted on Oct, 29 2014 @ 07:25 AM
originally posted by: Jensen10
Depends on the tax laws of your country, how old you are, your risk preference, current housing circumstances, regular expenses, family situation,
insurances etc.. There are too many things that need to be taken into account.
However, just as a general bit of financial advice, I have to say it's probably wise not to tell people you've come into a bit of
well im not rolling in it and im on the net though i think i am safe.
i always hear about saving and investing and whatnot but i never get anywhere with it. questions always bring more questions.
i live in the states and i honestly dont know the particulars of the tax laws. i know the money i have was/is tax free. i dont know how much would be
taxed if any when i take it out.
im 37. married. toddler....
not sure what you mean by risk preferences but i will tell you i prefer no risk
i rent my house. been here for 2 years. will be renting for the next few years at least.
i see signs all over and commercials.....sigh up for a cd. sign up for an ira. a roth ira...
i dont know what all that is.....i have money in a simple checking account. thats it.
i want to put a bunch into a 'whatever' and 5 years or 1o years take it out with much more than i put in.
sounds simple to me...
is it all about what type of account generates the most interest?