>be me >30 >born into total, abject poverty >Inheriting roughly $30k in an IRA >Inheriting $82k in life insurance >owe $45k in student loan debt >sat down with a banker, scheduled a meeting next week - he is going to try to convince me to pay off all loans, start a Roth at $10k and dump the rest of the money into stocks
Continue making minimal paymenta on student loan debt. Set up that Roth with at least 10k. Put a few thousand into ETH, MOR, POLY, NEO, etc. coins with dividends and just relax and sell later this year.
If you're not into crypto, just put some in Vanguard ETFs. Maybe Alphabet, Seagate, Amazon, etc.too
Don't forget to spend a few dollars on you though.
Cameron Lewis
OP you literally will never again experience a better time to get into crypto than right now. Even if BTC tanks further to 4k, it won't stay there for long. And once we regain 10k, 15k, it's never going below that again.
Sure, 6 months ago would have been an even better time. But that time's past and all you have is right now. And right now is a golden opportunity. I'd say take at least 50% of your inheritance and stick it in blue chip cryptos, ETH, NEO, OMG, VEN, maybe some REQ and LINK if you want more risk. Keep cucking along with your student debts for another year or two, using the money to pay them off right now will be a huge opportunity cost vs what you'd make investing it in crypto.
If you put 50k into safe crypto bets right now, there is literally no way you won't have 500k by 2020. Unless Clif High is right and aliens wipe us out this summer, but it won't matter where your money is if that happens.