>meet up with grandfather >heart problems >says I have

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)

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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.

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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.