What would you all do with $10,000?

I want it to be safe, with the highest ROI that I can get and the least amount of work on my part.

Any suggestions?

Perhaps just take note of the simple rules in investing: DIVERSIFY

Maybe you can set aside some of it for long-term investments and others for short term ones. Before going to invest in any of these, you must do a thorough research and get some advice from the experts. You can buy shares of stocks, oh, I guess this is better for you because it doesn't require much effort on your part. You can put in a bank and check their best offers, etc.

Yeah, I would divy it up and put a little here and a little there. I'm a fan of CD's in this situation, do to high returns that are almost 100% reliable. Then take a bit and blow it on a stock that you really believe in (and don't need to see the money for a few years or ever)

For a minute there I thought you were offering to the person with the best answer - oh well. One can dream.

I would use part of the money to start my own business (as a matter of fact, I was just telling my husband the other day that $10,000 would get me everything I needed to get going right).

If that wasn't a possiblity then I would have to agree with the diversify idea (although I think I would keep a percentage in a high yield savings account for a rainy day).

i would also choose to diversify or as they say, put my eggs in different baskets. i would keep some of the money but invest most of it on properties which i can flip so that i could roll over the money to other properties; that way, i could earn profits and add more to the initial $10,000 that i have.

I think having kids tends to make me a bit more conservative than I would have been several years ago. If someone had given me $10,000 BK, I would have definitely invested in my own business (probably not flipping, though). Now I want to be sure that there is a safty net - just in case.

Your observation is nothing that true kelkat, today kids like to invest and start making business before high school, the timeline for some us before thinking of the future.

I would definatly go for the diversify idea!
But if it were just for me to have then I would re do the whole of my house out and buy lots of new clothes hehe!

I like the remodeling idea destiny - I'll pass on the clothes, though.

Is investing in a business or home improvement as valuable as savings or CD's or mutual funds? (in your opinion) and why?