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Old 12-29-2005, 05:19 AM
Maulik Maulik is offline
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Join Date: Jan 2005
Location: 30 + rake
Posts: 892
Default Re: What to do with a little money?

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pay off all debts with any rate higher than say 6%. consider being totally debt free in life. it makes your decisions about living to the fullest easier.

put what you have left into an acount that you can feel safe about and get to your money quickly if needed. have enough for unexpected things.

whats left that you wont need for a few years look into alternative investments that you know alot about and inveswt wisely and very causiously. if you amass alot more than you need than speculate if so inclined.

if you are on these boards you are a gambler. gamble your money at your gambling specialty and invest your profits conservatively.
you will become very rich one day as opposed to the risky way where you may become very rich or may become not.

[/ QUOTE ]

This is good advice.
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