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Let's say you inherited 100k how would you use it

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Thread replies: 40
Thread images: 4

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Let's say you inherited 100k how would you use it
>>
>>1871593
Unwisely.
>>
live of 10k a year till its gone, then off myself
>>
ETH BOI
>>
High Dividend ETF and live off it

Eg GLOBAL X SUPERDIVIDEND ETF | A1JJ54 | US37950E5490 would bring you around 600 bucks every month
>>
>>1871593
id buy myself some intelligence and get a job that can easily accumulate 100k in 5 years.
>>
File: wewlad.png (49KB, 292x328px) Image search: [Google]
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>>1871602
>10k a year
living the high life
>>
In order:
Pay off any existing debt.
Put at least 50k into long-term ETFs.
If there is an opportunity, buy real estate by leveraging at most 40k.
Put 10k into meme stocks or cryptos.
Buy riskier ETFs up to 35k.
Splurge the rest.
>>
I'd pay off the 70k left on my mortgage and then dump the rest of it into my index fund
>>
>>1871796
>Pay off any existing debt.
I'm such a cuck that's probably what I'd do.

Use a third to pay off the business debt and shutter the business.
Split another third between an IRA and my stock account.
Fix my house with half of what's left.
Maybe spend the rest on the project that I started the business to fund.
>>
>>1871796
You don't into math much do you?
>>
I'd put 90k in crypto and keep 10k liquid
>>
>>1871834
>I'm such a cuck that's probably what I'd do.
Not all debt is bad, most of it is not good either. Run the numbers and account for any other drawbacks. If paying off the debt is not the best use of your money you probably shouldn't do it, but if it's financially sound then there's no shame in it.

>>1871838
Do you?
>in order aka list of priorities
>existing debt
>if
>up to
>HURR, IT DOESN'T EQUAL 100, DURR
Yeah, no shit, you're a real genious for figuring this out.
>>
>>1871857
>you're a real genious

at least you got the right you're
>>
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>>1871593

Buy a large plot of plains land and set up a farm breeding ostritches. I would like to try breeding them to become larger like the extinct Moa, making them easier to ride like Chocobos in Final Fantasy. Since there already is a limited amount of ostrich racing done i figure there's a market for this, and if successful i will doubtless go down in history.
>>
>>1871593
buy cashflow+ rentals and hold onto them and also tell no one about them silence is security
>>
>>1871838
you don't into english much do you?
>>
buy a porsche 911 with no regrets.
>>
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Buy the entire xbc sell book on poloniex and stake em
>>
I'd help my parents pay off their debts,and give each(divorced) about 2-3k. Then I'd be left with ~90k to invest into something.
By this point I have given back what I have taken from them, made them happy/proud, and now I can start my life. I am currently going to uni, so maybe i'd live off this money till i'm out of uni and can work.
>>
>>1871617
>GLOBAL X SUPERDIVIDEND ETF
I find this appealing but there's 0 capital appreciation...they must be pocketing it because there's def been capital app in large cap div stocks
>>
>>1871971
Newfag
>>
>>1872783
>By this point I have given back what I have taken from them

Lol
>>
>>1871593
Buy ETH
>>
>>1872815
Money wise , geez. I am from eastern europe, having all their debts paid off, 2-3 k euros and me being self sustained would be a lot. I am in another country, studying, looking for work and jerking off on 4chan. The fuck can I do ?
>>
>>1872831
Your parents spent way more than 10k on your ass for 20 years or whatever.
Unless you lived on somalian nigger conditions.
>>
>>1871593
I'd get my sinuses drained. I am sick of being blocked up all the time
>>
It would all go up my nose.
>>
>>1871593
By the time I finished paying taxes and retiring old debt, there might be enough left to get a new car and some new clothes & furniture, but that's about it. $100K isn't much nowadays.
>>
im about to inherit £180k, this is my plan, r8:

>buy a small flat for £140k and let it out (£700-800 per month)
>£20k into self-select ISA (tax free sharedealing)
>£10k splurge - not decedant tho
>£10k + any excess into crypto & gold
>>
MiloCoin, hookers and blow
>>
>plastic surgery
>fund travel & hookers for the next ten years
>>
>>1871593
Put it all in the bank.

1% interest once a month = $1,000 a month.

Make $50k a year and now you're making $62k.

If you reinvest back in the bank, you can reach the US maximum trust of $200,000. At that point, you're making $2,000 a month in interest.

So again, if you keep that $50k a year job, now you're making $74,000. An extra 33% from passive income.

Though I'm sure /biz/ vlog guy would bitch if he heard me say that.
>>
I would put OTB_Redbarron in s p o t s
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>>1875119
no banks give 12% interest annual you fucktard
>>
>>1871593
I'd buy 4chan so I could delete every single crypto thread from /biz/
>>
>>1874804
you couldnt do that for 10 years with 100k
>>
>>1871593
two chicks, at the same time.
>>
>>1875150
either one or the other
>>
I'd diversify with MiloCoin being the main asset
Thread posts: 40
Thread images: 4


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