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/biz/ - Business & Finance


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56391089 No.56391089 [Reply] [Original]

so I just inherited 500k
what should I do /biz/

>> No.56391100

>>56391089
Sorry for your loss

>> No.56391119

Do you need to set any of that money aside for taxes, legal fees, funeral costs, or anything like that? You should check.

Beyond that:
>set up an emergency fund (a few months of living expenses)
>pay off any high-interest debt like credit-card debt
>save the rest temporarily in a money market fund and learn about personal finance

>> No.56391129

>>56391089
Cocaine and hookers

>> No.56391133

>>56391100
He doesn’t look too sad

>> No.56391144

>>56391089
I would save $400k for a rainy day fund spread across two banks so it’s all insured. $10k on a fun trip. $2k on some clothes. $3k on a computer. The remaining $75k I would invest in crypto when it bottoms out.

>> No.56391194

>>56391089
Is that Silk Valley guy who got arrested?

>> No.56391206

>>56391089
All in on Kaspa and dynex. No I will not elaborate.

>> No.56391214

>>56391144
>$400,000 emergency savings
Kek

>> No.56391230

>>56391119
>pay off any high-interest debt like credit-card debt
Do people actually have credit card debt? I thought that shit was a meme.

>> No.56391238

I would go all in on crypto and make a few million, then retire.

>> No.56391245

>>56391089
Bury it

>> No.56391246

>>56391129
https://out.reddit.com/t3_17abjrx?app_name=reddit_on_android&token=AQAAEK0vZSENl3gY0Hs8Z_zsOM8DMy0Q7DxKZLRW0bA0kn6Zy-8E&url=https%3A%2F%2Fwww.tiktok.com%2Ft%2FZT8hC8wFq%2F

>> No.56391257

>>56391144
Ah yes when it rains I too need 400K to cover it.

>> No.56391261
File: 82 KB, 850x400, quote-my-earrings-are-worth-just-enough-to-buy-me-a-coffin-if-i-die-in-a-strange-place-that-morgan-freeman-128-73-12.jpg [View same] [iqdb] [saucenao] [google]
56391261

>>56391089
First: Buy jewellry that is discreet. Something worth a coffin when you eventually get gangstalked.

>> No.56391272

>>56391246
>Reddit link
>To a TikTok
>Of a retarded leftie
>Complaining about his menial job
>On 4chan
Anon, are you ok?

>> No.56391321

>>56391194
Darkplace. Legit classic UK series spoofing 80s action dramas.

>> No.56391400

>>56391089
Keep it in your bank account. Anything smart you try will backfire.

>> No.56391405

>>56391246
Ginger
Ponytail
Pubes on face

Uglymaxxing mf

>> No.56391463

>>56391119
this is the best advice

>> No.56391595

>>56391144
LMAO

>> No.56393231

>>56391089
all in LINK
lowest stree portfolio around

>> No.56393600

>>56391144
400k for a rainy day kek

>> No.56393647
File: 27 KB, 477x960, 1695879856856689.jpg [View same] [iqdb] [saucenao] [google]
56393647

>>56391089
10-20x it

>> No.56395372

What Works on Wall Street, Fourth Edition: The Classic Guide to the Best-Performing Investment Strategies of All Time https://amzn.asia/d/7uTPdqK

Add to the above gold and Bitcoin as well

Also learn about altman-z score, beneish m-score, c-score etc

Stay out of USA investment for a few years

>> No.56395378

>>56391230
You must not be married

>> No.56395418

>>56391089
Good for you. Use it to invest in CYMI, COTI, ARB and OP.

>> No.56395457

>>56391089
All in on either black or red on roulette

>> No.56395527

>>56391089
That's almost $30k a year 100% risk free in US Treasury Bills and Bonds. Neet it up my guy.

>> No.56395697

Retire to Southeast Asia and enjoy your life. Assuming you're young I envy you. I always dreamed of my bitch of a mom dying while I was still young enough to enjoy the money. Too late now.

>> No.56396538

>>56391089
All in RLC for the lulz

>> No.56396554

>>56391144
Banker detected. Sorry, I'm just not going to deposit anything hahaha I know, I know

>> No.56396599
File: 37 KB, 657x527, apuphone.jpg [View same] [iqdb] [saucenao] [google]
56396599

>>56391144
>hello bank? yes its me. i need a loan of half a million dollars please. yes 500k.
>for what? its raining outside

>> No.56397986

>>56391119
Probably the best advice you will get in this thread OP. Don't fuck it up.

>> No.56398009

>>56391089
cocaine and hookers, no seriously your going to lose it all if you crypto shitcoins

>> No.56398010

bit heckin coin