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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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56183133 No.56183133 [Reply] [Original]

I'm about to inherit $500k. What should I do with it? I'm okay with my mortgage (only got 5 years or so left), car is paid off, and don't have any credit cards debts or other loans to pay off. I don't spend much money at all. Just essentials.

>> No.56183142
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56183142

>>56183133
>10 active users on /biz/
>new inheritance thread 1-2 times per day

>> No.56183157

>>56183133
leave it in bank to mature if you're not good with stocks.

>>56183142
jelly?

>> No.56183178

>>56183133
Go all in on LINK

>> No.56183186

Mostly in a HSYA with no more than 250k per HYSA for FDIC max,

max roth IRA out and buy growth funds on the dip.

Add overage to another individual taxable fund and buy growth stocks on the dip. Index ETFs.

>> No.56183241
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56183241

>>56183186

>> No.56183279

>>56183133
All in schd and shut your fucking mouth

>> No.56183823

Shove it in a bank account, use it to pay for your frugal lifestyle, never have to work again.

>> No.56183870

>>56183823
He needs to at least invest it in stocks/bonds or he'll get raped by inflation.