Investing $200k is a lot of money, and investing this much can earn you additional income and will definitely help you with your financial goals. In this article, let’s find out where and how to invest 200k and see how these figures grow.
There are various ways of investing in the stock market. These include 401(k), Solo 401(k), or SEP IRA. You can also invest in stocks, index funds, bonds, and other securities with the help of a brokerage firm.
According to real estate experts, you should invest 10 to 15% of your money in real estate, and the level of risk usually varies with the option. The goal is to ensure that you get a passive income that offers growth.
Peer-to-peer lending has been around for years. This is basically lending money to others and earning income through the returns’ interest. Sites like Mintos have been a popular platform for P2P lending since 2015.