[Boards: 3 / a / aco / adv / an / asp / b / biz / c / cgl / ck / cm / co / d / diy / e / fa / fit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mu / n / news / o / out / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / t / tg / toy / trash / trv / tv / u / v / vg / vip /vp / vr / w / wg / wsg / wsr / x / y ] [Search | Home]
4Archive logo
>meet up with grandfather
If images are not shown try to refresh the page. If you like this website, please disable any AdBlock software!

You are currently reading a thread in /biz/ - Business & Finance

Thread replies: 19
Thread images: 3
File: 1454755370258.jpg (119 KB, 800x547) Image search: [iqdb] [SauceNao] [Google]
1454755370258.jpg
119 KB, 800x547
>meet up with grandfather
>heart problems
>says I have about 10-20k coming my way in inheritance
>no experience
>no real job

I know it's not much, but what would you do with that money?
>>
Index funds and forget about it completely for three decades.
>>
>>1083812
I also have an inheritance of a little over 10k coming and this is also my plan.
>>
>>1083812

Is there much I should know about index funds? I know absolutely nothing. I'm not too lazy to look it up, i'm just wondering if I should be getting experience in this sort of thing in the meantime.
>>
Buy ethereum.
>>
>>1083803
buy wisdom
>>
>>1084077
Not a bad idea.

You can spare a thou for some professional advice, OP. Private banks, accountants, etc
>>
>>1083826
this (and watch the news on it like a hawk so you don't get fucked)
>>
File: 1446505318435.jpg (81 KB, 678x1000) Image search: [iqdb] [SauceNao] [Google]
1446505318435.jpg
81 KB, 678x1000
If it helps, I inherited 10k after my grandfather died and I spend it all on cocaine, I was too young to receive that much money.
>>
What would *I* do? Buy a supercharger for my car.

My friend was in a very similar situation to you, basically he spent the money on things he wanted, and things to improve himself (home gym etc.) and things worked out fantastically for him.

Not saying you should blow your money as well, but no experience and no job, maybe you could put half that money somewhere that gives you skills such as a truck driver training course, and the other half on yourself. 10k won't even cover your living costs for a year so sure do some light investing, but if I were you honestly I'd look into making that money change your life.
>>
>>1084584
How would that help
>>
>>1084588
Make you feel better
>>
gamble it all away with stocks/forex trading
>>
>>1083819
not really

just buy a market wide index fund after the market goes to the ground (probs give I a year or 2 to settle itself out)

ANd never think of it again

I did that, worked out fine, got good returns and I just take it out when things get shaky every 6 years or so now, hold it, and then put it back in. I can retire soon now
>>
>>1084588
It's inspirational, if you think about it
>>
>>1083803

Invest 10k in a trade and reliable work vehicle. Sit on the rest as your emergency fund.
>>
File: cantdodgetheodds.png (446 KB, 492x479) Image search: [iqdb] [SauceNao] [Google]
cantdodgetheodds.png
446 KB, 492x479
buy lots of lottery tickets
>>
>>1083803
>>1083803
Buy a new grandfather
>>
Get advice from someone who knows more about your specific financial situation and financial goals, instead of us.
Thread replies: 19
Thread images: 3
Thread DB ID: 501355



[Boards: 3 / a / aco / adv / an / asp / b / biz / c / cgl / ck / cm / co / d / diy / e / fa / fit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mu / n / news / o / out / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / t / tg / toy / trash / trv / tv / u / v / vg / vip /vp / vr / w / wg / wsg / wsr / x / y] [Search | Home]

[Boards: 3 / a / aco / adv / an / asp / b / biz / c / cgl / ck / cm / co / d / diy / e / fa / fit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mu / n / news / o / out / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / t / tg / toy / trash / trv / tv / u / v / vg / vip /vp / vr / w / wg / wsg / wsr / x / y] [Search | Home]

All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
This is a 4chan archive - all of the shown content originated from that site. This means that 4Archive shows their content, archived. If you need information for a Poster - contact them.
If a post contains personal/copyrighted/illegal content, then use the post's [Report] link! If a post is not removed within 24h contact me at [email protected] with the post's information.