If someone were to hypothetically run into $500k, what would be the best course of action to expand that tiny minuscule fortune? Asking for a friend
Depends on whether you want to make a job out of it or just hand it off to mutual funds and use it for retirement later on.
>>1758555
Probably make a job out of it.
>>1758558
If that's the case, then buy a business and run it yourself.
>>1758560
Absolutely not worth it unless you have experience in that branch. Preferably managerial experience. Just put a 60% into an MSCI World ETF and spread the remaining 40% between European and East Asian indices. If you need income, buy distributing ETFs. If you just want to grow it, buy accumulating. Don't be a retard buying individual stocks. Nothing more to it.
>>1758560
"Lelel just buy a business and run it hurrrrr fucking durrrrr"
When will this meme die?.
>>1758552
real-estate