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

JunkTop
JunkTop

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

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BunnyJinx
BunnyJinx

Unwisely.

Stupidasole
Stupidasole

live of 10k a year till its gone, then off myself

Dreamworx
Dreamworx

ETH BOI

Booteefool
Booteefool

High Dividend ETF and live off it

Eg GLOBAL X SUPERDIVIDEND ETF | A1JJ54 | US37950E5490 would bring you around 600 bucks every month

WebTool
WebTool

id buy myself some intelligence and get a job that can easily accumulate 100k in 5 years.

AwesomeTucker
AwesomeTucker

10k a year
living the high life

Raving_Cute
Raving_Cute

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.

Soft_member
Soft_member

I'd pay off the 70k left on my mortgage and then dump the rest of it into my index fund

Deadlyinx
Deadlyinx

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.

TreeEater
TreeEater

You don't into math much do you?

Carnalpleasure
Carnalpleasure

I'd put 90k in crypto and keep 10k liquid

LuckyDusty
LuckyDusty

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.

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.

BunnyJinx
BunnyJinx

you're a real genious

at least you got the right you're

SniperGod
SniperGod

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.

New_Cliche
New_Cliche

buy cashflow+ rentals and hold onto them and also tell no one about them silence is security

whereismyname
whereismyname

you don't into english much do you?

farquit
farquit

buy a porsche 911 with no regrets.

WebTool
WebTool

Buy the entire xbc sell book on poloniex and stake em

ZeroReborn
ZeroReborn

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.

Supergrass
Supergrass

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

Garbage Can Lid
Garbage Can Lid

Newfag

Lord_Tryzalot
Lord_Tryzalot

By this point I have given back what I have taken from them

Lol

Evil_kitten
Evil_kitten

Buy ETH

takes2long
takes2long

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 Veeky Forums. The fuck can I do ?

Crazy_Nice
Crazy_Nice

Your parents spent way more than 10k on your ass for 20 years or whatever.
Unless you lived on somalian nigger conditions.

ZeroReborn
ZeroReborn

I'd get my sinuses drained. I am sick of being blocked up all the time

5mileys
5mileys

It would all go up my nose.

Flameblow
Flameblow

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.

BinaryMan
BinaryMan

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

CouchChiller
CouchChiller

MiloCoin, hookers and blow

CouchChiller
CouchChiller

plastic surgery
fund travel & hookers for the next ten years

King_Martha
King_Martha

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 Veeky Forums vlog guy would bitch if he heard me say that.

girlDog
girlDog

I would put OTB_Redbarron in s p o t s

farquit
farquit

no banks give 12% interest annual you fucktard

likme
likme

I'd buy Veeky Forums so I could delete every single crypto thread from Veeky Forums

TreeEater
TreeEater

you couldnt do that for 10 years with 100k

Snarelure
Snarelure

two chicks, at the same time.

TechHater
TechHater

either one or the other

Gigastrength
Gigastrength

I'd diversify with MiloCoin being the main asset

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