FundRobot » Investments » What are good investments to make after selling my house?

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Old   #1 (permalink)
 
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Default good investments to make after selling my house

I could potentially earn about 50,000 selling my house. I know that I will get taxed a percentage but I want to keep making money with the money that I could earn. What are the best type of investments to get into?

PrettyHot88 is offline   Reply With Quote
Old   #2 (permalink)
 
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Default good investments to make after selling my house

I would look into an annuity. I don't know your age, but look into a company called Allianz. I currently use them for a fixed index annuity. I wouldn't invest into anything variable.

You need to add some details to get a better answer.
Age
Are you married?
Income
Other investments
Do you have children, and what age?
Do you have insurance, and what kind?

The reason I would say annuities, is you will have tax deferred growth, and you can borrow against your own money.

If you are over 60, I would set up a single premium annuity, and your payout plan.
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Old   #3 (permalink)
 
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Default good investments to make after selling my house

Ask Schwab.
ForexCash10 is offline   Reply With Quote
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