How Would You Invest $10,000?
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If given $10,000 tax-free, here's how Baby Boomers, Gen X'ers, and Millennials would invest it. How do you compare? Tired of microscopic interest rates? Put your money to work, earn an incredible 5% interest rate, and help business owners across the country! Check out https://streetshares.com/landing/veteran-business-bonds for an investment that makes an impact.
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How Would You Invest $10,000?
- 1. HOW WOULD YOU INVEST $10,000? If given $10,000 tax-free, here’s how Baby Boomers, Generation Xers, and Millennials would invest it... Baby Boomers (55+) Generation X (35-54) Millennials (18-34) Some other responses... 10% would put it in a retirement account 7% would invest it in the stock market 7% would invest in their children’s education 6% would invest in their own business 5% would invest in virtual currencies 5% would invest in their own education Source: lendedu survey (https://lendedu.com/blog/10-ways-to-invest-10000) 27% of all people would pay down debt by generation Mil Gen X BB 22% 25% 33% What kind of debt? 49% credit card debt 12% student loan debt 11% mortgage 8% car loan 12% of all people would put it in savings/CDs by generation Mil Gen X BB 8% 11% 17% 14% of all people would invest in real estate by generation Mil Gen X BB 15% 15% 11% How would they invest in real estate? 29% in a REIT 23% pool money with others 3% through online crowdfunding