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Author: ret2004 Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121219  
Subject: How can he possibly Date: 5/3/2006 2:15 PM
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need your input – a friend is receiving $260,000 soon. He's in his early 30's, no kids, never been married, doesn't own a house, and has a new vehicle (pd). His monthly salary provides for his living expenses and wants to buy a house, get married, etc. in the future. The average price of a home is $150,000 in our area. Is there any way to reduce the amount Uncle Sam is going to want? He doesn't have time to set up a business, his job consumes his time. Also, what type of investments do you recommend? He isn't interested in taking a lot of risk with this money. Thank you.
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