Long story short...

long story short, i will get about 10-12 mil dollary doos as inheritance money and to be frank it feels too overwhelming for someone who was a poorfag most of his life.
so any solid advice on invest/spend all that money?

Other urls found in this thread:

youtube.com/watch?v=KAExa9P7hME
twitter.com/NSFWRedditVideo

put half in link and become a billionaire

i dont want to invest in the whole crypto currencies though mainly because it is an unstable market in my uneducated onion

then put in a million

That sheep. I want it.

>>
Asking the pajeets for advice, smdh.
Hire a professional financial advisor, that deals with real millionaires, ok. Not some dumbass larper.

well advice here doesnt cost money so heres that.i am afraid that my friends will change if they know.

how the fuck can literal nobodies inherit 10-12 million dollars

obviously this is a larp post, but it does happen time to time

Financial advisors are usually very boring (stocks bonds yadayada...). In your shoes, I would put 80% in properties (no rent + passive income) and play with rest (mostly crypto and potentially some stocks with dividends).

Crypto is for poorfags. If you already have real money put it in something safe.

>read Sudden Money: Managing a Financial Windfall by Mary Martin and Susan Bradley
>Speak to at least 2 financial advisers.
>Remember that money burns a hold in your pocket.
>If someone appeals to your sense of greed then they are trying to scam you
>Try not to do anything because of FOMO

I am jelly :(

this

well thanks for your advice anons. i doubt i can spent all that money anyways.

how about buying properties so for rental purposes? does anyone have an experience on said subject?

>properties for

study shit first dont be in a rush to invest

I only have one small apartment in France so not very relevant to your situation but still... this is pretty comfy.

Also

Depends where you live. Some socialist-leaning countries have regulations that makes it hard to profit without serious legal problems (can't evict people who don't pay etc.).

>uneducated onion
Use your inheritance to send him to a private school then.

>Buy a big nice house than is well fireproofed, good security, big plot of land.
>Get a fuckhuge vault and keep it underground alarms the works
>Fill it with bullion (gold,silver, copper, platinum, palladium, lithium)
>Make a fucking badass garden and enjoy growing plants because that shit is dope
>Live happily ever after in your custom designed self sustaining impervious castle

My plan if my LINK and FUN makes me rich anyway. Maybe have a private security company within arms reach also

Dude, you are best off acquiring the services of a certified financial advisor. You do realize that you could be making anywhere from 500k-1M a year in passive income if the money is invested properly, right? You've made it man.

You getting it soon or when a relative dies? That’s nice dude, you’ll never have to work again. Like stated in thread, seek financial advisor or two or three. Don’t ever tell any friends or potential gf how much you have. If they must know just say you inherited a decent amount. People change when you have money dude. And having millions?? I can’t even imagine the amount of new ‘friends’ and sob stories you’d be getting. If I were in your shoes, I’d lay low as long as I can. If you’re in an apartment or something, stay there and study. Learn everything about properties and renting/buying if that’s your move. Or run out to the woods or mountains and make a comfy compound to live out the rest of your life. Just don’t blow it all!

welp i guess i am gunning for an advisor then.
again thanks for your words anons
getting it very soon. i didnt even graduated yet (dentalfag in the making). you are right too, i feel the lottery's burden already. it came out of the blue you know?

Not trying to pry personal info too hard but how out of the blue?? Surely you’d know if you had a multi millionaire in the family right? You didn’t help a Nigerian prince or anything?

keep taking risks

youtube.com/watch?v=KAExa9P7hME

put it all in bitconnectx
you'll be a billionaire

yes and no
my granddad from my mother's side was filthy rich but he didn't spoil my mom and in turn myself. he was a healthy man even in his seventies. he passed away from a heart attack, like i said it came out of no where. I am getting the biggest sum of the inheritance since most of my relatives of my mothers side are already dead only far relatives desu

I’ll give you the greatest advice you’ll get from this thread:

Ignore Veeky Forums and seek the council of a real financial planner. Biz is all poorfags trying to get rich, not richfags trying to grow/maintain wealth. Those are two vastly different strategies.

Damn user, sorry to hear about the gramps. With the old folks it usually happens like that. Healthy all their life then one thing can take them down and it starts a bad domino effect and done in a week. Anyways best of luck. Beware of the financial planners too, some may be sneaky and scheming, just do your homework on finding reputable ones. And enjoy your life, you’re young and will have enough money to do anything and become anyone you want.

this ... + likely s&p 500