Soon I will be inheriting around £5000 (~$6250)
Is this enough for there to be anything interesting I can do with it, or shall I just set it aside for when it is needed?
>>1766427
>emergency kneepad fund
Could be a small emergency fund
>>1766430
I thought this, but my family is pretty secure financially, so I should be taken care of given an emergency.
Bitcoin? Or did I miss the train
>>1766434
>>1766440
>Go to Vegas
>buy .357 revolver and bullets
>take the rest of your money to casino
>put it on black
>win big or an hero
Sorry anon. I'm working through so things today. Bitcoin is always good. I'd watch for a dip though.
>>1766427
Depends, do you have savings already, if so, how much?
Investments?
Debt?
Tell me the financial situation and I'll give you my non-meme opinions
>>1766497
No savings or investment. At University so there is debt, but doesn't need to be paid back until earning a certain amount. Studying STEM at a good place so job prospects better than average.
>>1766510
Jesus this shouldn't be hard then. Save the god damn money, and get a job if you don't have one.
>>1766510
Also, don't trust too much in STEM meme, get atleast 2 internships before you graduate or your chances are the same as some faggot who went to a state school
>>1766649
hey, I'M some faggot who went to a state school!
>>1766427
Go to community college, not joking. That much money will pay for an entire associates degree even without financial aid and pay you back way more than any dumb bullshit scheme some faggots from here sell you on.
get top grades and you might even get a scholarship if you want to be a university transfer and pay nothing.
>>1766510
Open Help to buy ISA, max that out (1.8k plus 200/month I think), then throw the rest in an indux using your S&S ISA allowance. Depending on risk aversion and how long until you need the money, go for Vanguard LS60 - 100 with 100 being the more risk-happy
>>1766737
Also sorry for your loss bro
>>1766510
Pay the debt. Student debt cant be discharged in bankruptcy.
>>1766427
You could dump it in a SIPP, Vanguard Total US Market
Add a little each year, 40 years compounding, Bingo you avoided old age poverty for the price of £5k
gamble it you pussy