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  1. #1
    Member
    Join Date
    Dec 2006
    Location
    Tinley Park, IL
    Posts
    122

    Where to put R.M.D. MONEY

    701/2 years old , any ideas as to where to put it?Any help would appreciated.
    Thanks JIM

  2. Stocks/Investments Moderator boneil's Avatar
    Join Date
    Jul 2010
    Location
    Aberdeen, MD
    Posts
    12,185
    #2
    Enjoy it. You aren't getting any younger.

  3. Member
    Join Date
    Jun 2006
    Location
    Wisconsin
    Posts
    5,142
    #3
    The last two years I put mine and the wife's in CD's. Our local credit union has 19 months @ 1.34%. Probably not the smartest move, but at least it's safe.

  4. Member Dando's Avatar
    Join Date
    Dec 2007
    Location
    Lamar, AR
    Posts
    30,286
    #4
    Have you considered investing it in a salvage yard operation?
    I think the new secret color is "A-Rig"..........

  5. Member
    Join Date
    Jun 2011
    Location
    Clarksville TN
    Posts
    3,044
    #5
    How about opening a brokerage act and invest it into the market? Look for solid companies that pay out decent dividends.

  6. Member
    Join Date
    Jun 2009
    Location
    Beauregard, Alabama
    Posts
    4,179
    #6
    Quote Originally Posted by SkeeterDD22 View Post
    Have you considered investing it in a salvage yard operation?
    I heard there was this "Kid" that was looking to open a new salvage yard.

    He has family in the business, so he has learned everything from the ground up.