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Old 12-28-2005, 11:19 AM
gjpure gjpure is offline
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Join Date: May 2005
Posts: 5
Default Re: What would you with $20K?

Equity Indexed Annuities and Fixed annuities can fit that catagory, as can certain private REITS. I all depends on how you define risk, but EVERY investment holds some degree of risk, it just depends on if you are comfortable with that risk or not.


The other guy's idea on being a financial planning to only poker players is an interesting one. But I wonder: How do you know if the "niche" is big enough, and how would you find your clients and convince them to start investing their money. Certainly, many are making a lot of money at a young age, but they also have school loans, debts, bills, etc. that dissapate later in life. So I wonder how profitable it would be to a financial planner. Regardless, however, if you have any significant amount of cash just sitting in a bank and are not sure what to do with it, interview several financial planners and go with one that makes sense and with whom you feel comfortable. After all, it's your money. You may have bluffed it fair and square!
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