investing

Mar 17, 2007 12:17

I'm getting a larger tax return than I expected this year (amazing what going to an actual certified CPA can do) and also just received a small inheritance, and I'd really like to invest it. Unfortunately, I have no idea where to start. The only debt I have right now is my car, and one of my biggest goals in life is to be a homeowner. Would it be better to put the money towards paying off the car (it won't even come close to paying it off) or put it into some sort of house fund? If I do invest it towards a house, where should I invest it? Should I just put it in the highest interest savings account I can find, or is there a better (relatively low risk) way to get a return on my money? I have absolutely no experience with having extra money, so any and all advice is much appreciated. Thanks!

One more thing - any idea how to get my parents taken off of an account where they're listed as joint owners? They opened the account for me when I was born, but haven't touched it since. It seems kinda silly for them to still be listed on there.

ira, investing, mutual funds

Previous post Next post
Up