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What should I do with 50k I inherited? I know it's not much

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Thread replies: 41
Thread images: 6

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What should I do with 50k I inherited? I know it's not much but it might be the most cash I'll ever see, so I'm afraid to touch it.
>>
>>26161875

spend a tiny fraction of it, save the rest and think about what to do with it later.
>>
>>26161875

If you don't have a job, go to school, or trade/vocational school. Do a bunch of research before hand to get a good idea of what you wanna do.
>>
>>26161875
Hookers and blow

Nothing else matters
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>>26161875
invest in bitcoin
original
>>
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invest 10K of it in our company we're building?
>>
Don't buy a vehicle with it.

If it's a lemon you'll be fucked. This money could ruin your life.
>>
It depends on what country you live in, but generally property will be a good shout if you are currently in receipt of enough income to get some mortgage promises together.
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>>26162043
>>26162045
>>26162147

shit heckler advice.
>>
>>26161875
If you have the balls, find someone with a good fashion sense, and ask them to help you pick out a semi-decent wardrobe. You'd be surprised how much more confident you feel, and normies will even look at you with a little less disdain.
>>
btw I'm NEET guys.
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Pls donate a couple hundred to me OP. It would mean the world to me and I could afford more to eat than rice, beans and peanuts.
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>>26162219
If I could find such a person it would be great since I dress like an autist.
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50,000 tins of beach cliff sardines
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>>26162290
i could give you some advise for free anon
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>>26161875
https://www.reddit.com/r/personalfinance/wiki/commontopics

>reddit
I know
but it should help
>>
invest as much of it as you can.
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>>26162290
Outlets have personal shoppers if they know you're looking to spend a fair bit, just ask them
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>>26161875
50k in popeyes tendies
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>>26161875

Arsenal.
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>>26161875
That kind of money is a burden, OP. It's enough to be significant but nowhere near enough to let you forget about money and go NEET.

I'd set it aside in a stable investment or somewhere safe, or get into real estate with it.

Use it as a downpayment on some place to live and rent it out for more or something.

Anyway yeah, invest it in something safe and then pretend it doesn't exist until you are in an emergency situation.
>>
>>26161875

Put it away for 12 months and spend the next year deciding what to do with it. This should be a very interesting psychological experiment to say the least.
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>>26161875
If you don't much care about ethics, the best return on investment is a donation to a political party. A few tens of thousands of dollars is enough to guarantee you'll get appointed to some sinecure position making $100k+ for the rest of your life.
>>
>>26161875
help a homeless femanon with a LOAN. not beg.
an I can totally make you dress better. can skype with brooof
>>
>>26162636
like $130 so I dont have to sleep outside. ;--;
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>>26162663
Whereabouts do you live? Not OP, but if you live in the Detroit area you can crash with me for a while and help me run the union hall here. It's an unfinished basement so you'll be sleeping in a sleeping bag on a foam mattress, but it's warm, safe, and I can teach you how to organize a union, do basic handyman stuff around the hall, and make traditional handicrafts.
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>>26162586

This is in no way true. Wealthy donors are individually giving tens of millions to the race this year. Your amount will be accepted with a thank you and forgotten about.

Invest it in something stable like a Vanguard index fund and let it count towards your retirement.
>>
>>26161875
Buy a rocket launcher and kill yourself with it
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>>26162723
You have no idea what you're talking about. I didn't tell him to invest it in the fucking National Republican Party. You spend the money on a small local politician. They typically have the power to appoint people to positions like justice of the peace, police boards, various advisory agencies, and so forth. In practice, they fill those positions with their large campaign donors.
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>>26161875

Send me some on paypal: [email protected]
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>>26162722
I live in nashville :[ get me a bus ticket I'm literally ready to fuckin go.
legit 6.5/10
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>>26161875
50k worth of lottery tickets, turn that 50k into 50m
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>>26161875
invest it in me :-) guaranteed results
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>>26162822
Give me an email address and maybe we can work something out. I'm always happy to help a fellow robot out. I don't have a pot to piss in, but there might be some fellow union members out your way who could give you a lift or something.
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>>26161875
Put 40k in a high interest savings, then take 10k and use it to improve the basic quality of your life.
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>>26162868
marybear55@ymail

anything helps. i'm like 53$ away from getting out of the cold tonight.
>>
Invest it in your life retard, trade college, a reliable economic car, respectable clothes, and put the rest away for emergencies to fall back on until you generate enough income. The last thing you should do is blow it on hookers and blow and lottery tickets like the retards in the thread are telling you to do.
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a good, stable mutual fund
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>>26161875
If you have debt, pay it off. Put some of it in a savings account to have access to it immediately (3-5 months of expenses). With the rest, put it into a bank CD. You could ladder them over the next 5 years, or choose a shorter term. All this is going to do is get you a few hundred dollars of interest, avoid deflation, and give you some time to think about what you really want to do with the money. The last thing you need to do is get pressured by a bunch of fucking vultures into giving them handouts, or blowing it on some asset that turns into an unpaid debt that ends up costing you more money in the long run.
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>>26161875
Did you pay the death tax on it yet? If not expect a call from IRS. So first pay the death tax for your relative that died then invest everything else and that can easily become a million dollars in 2 years or less.
>>
>>26162822

Forget about that other robot.. I'm in georgia literally an hour and a half from nashville.

come sit on my face please
Thread posts: 41
Thread images: 6


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