"Every single DD visitor is able to post new threads"........ (Thank you Mr. Hyde for steering discussion in another direction)
OK, Mel, I'll give it a whirl. A recent 500K thread gave me a thought: What will(should) individual who actually accumulates said ammount do with it? How would you invest $500K?
To those wishing to answer question, I'll provide 2 hypothetical people to gear your advice to:
A: Thirtysomething dancer who wants to get out of dancing. (OK, Zinaida, few dancers are hotter than you). She has some "civilian" job background, and is capable,(lets say she has some jr college courses, maybe a 2 yr degree) but in no big rush to grab first job that comes around. How should she invest $500K exchequer that she's accumulated?
B: Fiftysomething working in corporate world. There's some changes coming down the pike, one of which involves freezing your pension. This may eventually lead to cashing out and terminating the plan. In the take annuity vs lump sum option, you pick Curtain #2 ( lump sum). You don't plan to tap into this until "retirement" ~ 5 years down the pike. How should $500K be spread out in this case?
I just threw out $500K as an arbitrary figure, feel free to comment on any other ammount, be it $100K, or 7 figure ammount. (Everyone has different minimum levels for financial security).



). She has some "civilian" job background, and is capable,(lets say she has some jr college courses, maybe a 2 yr degree) but in no big rush to grab first job that comes around. How should she invest $500K exchequer that she's accumulated?
I don't sweat
the other 5% .......................
Reply With Quote


Bookmarks