Reply to Any ideas on what to invest in with $100k-$150k capital?

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[quote=Anonymous]1) We have about $100k just sitting there in our savings account. The return is so little it may as well be a checking account. For lack of investment ideas, we've just let it sit there for the past three years and I'm kicking myself for not having put it in a mutual fund or something. We also have $50k we can add to the mix if helps (it's currently earning about 6%, loan to an individual).

2) We also have an efficiency condo that we bought for $50k in southern city in Virginia but it's now worth only $35k. We put in $3,000 in hot water heater replacement and other repairs last year, $1,000 to repaint this year, and it makes about $600 in rental income each month, but it goes empty about 3-4 months out of the year, so it's more like $400 in rental income each month (actually, after paying condo fees and property tax and a realtor for monthly management fees it's even less). I am considering selling that because the property values seem to be going down every year with no rebound in sight, but my spouse wants to keep it because it still brings in some rental income.

Any ideas? We already do 401(k)s, IRAs, and put in about $5,000 a year for our child's 529.

Thank you!      [/quote]

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