UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev | Next
Author: wickerkat One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76398  
Subject: Re: What would you do??? Date: 12/4/2001 10:45 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
first of all - if you haven't already - JUMP UP AND DOWN and thank whomever you want for this excellent opportunity - you have a chance here to do what most people can't: whatever you want.

i've been looking to start an artist's collective here and chicago, so that i could fulfill my own dreams, while helping others to go after theirs as well - you could do something similar, and believe me, it is so much more fulfilling - if you can make a difference in people's lives, do it

you've gotten some excellent advise here, and i'm so glad you came to the motley fool for it - 6 months ago i had never been here, and i've learned SO MUCH that i kick myself for not starting sooner

OK-enough with the mushy lecture here

1-immediately start an IRA (you can still invest for the 2001 year up to April 15, 2002) and put in the maximum from here on out
2-put 100K into a diversified portofolio (you'll get a lot of advice here, some mix of stocks and bonds probably- say 80% VTSMX and 20% bonds)
3-put 50K in money market for emergencies
4-buy a good reliable car (Camry, or the like)
5-with the rest, start a charity or fund to help those less fortunate, and utilize your skills and talents to do this - as an art director, writer, poet, musician, etc. the collective would be my idea - do whatever you enjoy, and are good at

make a difference!
good luck,
peace,
wickerkat
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Economic Implications of Cuba
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement