I'm going to inherit about $200,000 from my grandmother after taxes

I'm going to inherit about $200,000 from my grandmother after taxes.

What's a Sup Forums way to deal with money? I think I'm just going to put half in stocks and savings and spend the other half on some hunting land.

Pay camwhores to do degrading acts and post them here

Just let me help you invest it goy

Buy arms. Buy land. Build compound. Train and arm Right-Wing Death Squad. Kill Communists.

I would use it all to invest if u was you so I could have as much money in return as possible

Make wise decisions on your investments , you already knew that though

Damn you are lucky.

Wrong board buddy. You want

Buy gold.

Stocks.

A stock you NEED to buy is Parkervision. I bought 4k shares. Look it up


Also Snapchat will IPO soon and I'm definitely not missing out on the next google) Microsoft/apple and neither should you. When Lucid motors IPOs I would recommend it as well

fuck off normie

I've never had more than a couple thousand dollars to mess with at a time, so I have no idea where to start with investing. The lawyer managing the estate is a fucking useless shit so I don't even want to ask him about it.

> (OP)
>Buy arms. Buy land. Build compound. Train and arm Right-Wing Death Squad. Kill Communists.
THIS

invest in beanie babies

honest answer is go to vanguard.com and open an account, just buy Total Stock Market index fund. Google dollar cost averaging too.
and real estate.
hunting land would be fun.

And diversify with tulips.

Invest in limited edition guitars. Prices are only going to go up.

stock is a stupid-ass investment

assuming you have a good job, buy as much land as you can. if you don't have a good enough job to make the property tax payments, then buy land and use the rest to make the property tax payments for the next few years. land is the best investment.

can i have like 10k for my racecar just donate to my paypal [email protected]

So just safe TSPs and mutual funds are ok for now?

Residential land or development land? I'm only 21, I don't know how I'd deal with landlord responsibilities.

Which one is more hoops to jump through just to purchase, land or stocks?

Another good idea is to buy a Porsche 911r for 175k then flip it for 500k immediately

Index funds and gold. Also invest in stocks that have weekly or bi-monthly dividends.

That's a good question, I should have asked.

dumping all of your money into stocks when the market is near all time highs
great way to turn 200k into 100k

No load mutual funds like Magellan. And then don't think about it again until you retire with your million+

>buying land
do you research before buying any land, or you'll be using the last of babushkas money on property taxes

Buy a couple of houses ideally with a basement suite with 100k down each. Rent out the top and basement suite separately and then use this income to pay off whatever mortgage you have. Use the income to pay off mortgage and any excess use towards buying another house to rent. When you reach retirement you'll have 5+ houses completely paid for and if you invested in a good area then they should be worth a lot.

True. You never "own" land. You just rent it from the government.

an index fund, that is a fund that seeks to track a major US index like the Dow/Nasdaq/S&P with low management fees.

Indices are made up of the top 500 or so companies comprising the entire US economy. If the US economy grows less than the usual 3% or 5% or so it will be a global fucking panic.

Easiest way to (probably) keep up with inflation.

Do not waste your time gambling on individual stocks, doing so is literally gambling, and even the professional day traders usually only break even or come in just at where an index fund would have.

You don't need to pay a day trader to constantly shuffle around your index fund stocks either, only buying or selling a certain stock once in a while is required, hence the low management fees or it's costing you for little gain.

To further cement my point about individual stocks, the stock pick/tip TV shows and article authors are literally wrong more than 50% of the time.

Follow these rules:
1. Do exactly the opposite of what Jews say.
2. Every article on a mainstream investing website is predatory and intended to fool non-Jews into throwing their money away, do not listen to them, in fact, do exactly the opposite and come out slightly on top.
3. Get the stock you want at the price you want, figure out what price and wait for the dip.
4. Every time there is an investor panic you will probably be fearful for your investment, as everyone else is. You must will through these periods and buy the dip. The prices drop so low because everyone including you actually believes the fear.
5. If you hire someone to manage your money for you, make sure they sign a feduciary agreement, otherwise they will be selling you stocks that the companies pay them to sell to you.

become a king of an african country

BUY INCOME REAL ESTATE.. BUY A NICE HOUSE OR HOUSES NEAR HIGH INCOME POP CENTERS WITH UNIVERSITIES AND RENT THEM ... THEN BUY MORE WITH THE EQUITY AND BECOME TRUMP.

If you buy land as an investment at least buy it in a state and area that you expect the price to increase.

price may actually decrease if, for instance, people start leaving the area for greener pastures. It would not be wise to buy land in Detroit or Illinois or California, unless it is inner-city as I believe those states have declining population figures.

you read this about a couple in the Daily mail?

You should have killed her before Trump won and bet everything on Trump winning the US election.

Indexed investment accounts.

You can't lose.

he could bet online right now for trump not resigning on his first term i forgot what website but i can find it

>Snapchat
>next google) Microsoft/apple

do yourself a huge favor and stay out of tech investment, lol

Thanks for the tips guys. I haven't spent more than a few minutes thinking about what to do next, I'm just trying to get all the funeral stuff together with my uncle.

Is /biz/ good for getting baseline information about saving and investing? This is grandma's estate, and I'd hate for it all to disappear because someone in new york overvalued condo prices again.

Don't invest in the (((corporate financial industry)))

>Buy good subscription to machine learning stock market data
>profit you idiot

No, Sup Forums as a whole is an awful source of information for important things.

It is useful mostly as an idea generator.

you got:
>index funds
>rental properties

Stay the fuck away from "mutual funds" they are composed of stocks the brokers are paid to sell to you, don't be a fucking rube.

talk to a (((financial adviser))), not some idiots on the internet you dolt.

Some real advice?

Take $10k and use it as your spending money. Buy watches, expensive dinners, whatever. Get that "I'm rich bitch!" feels out of your system, because in reality $200k doesn't mean shit.

Take the remaining $190k and put it in either a S&P 500 or Total Market mutual fund.

>/biz/
>hei /biz/ i found a way to generate infinite monies with these easy trick lol

www.daveramsey.com

you're welcome

residential but don't buy it unless you plan on living on it later.

buy it and have about 5-10 years worth of property tax set aside until you're self sufficient enough to start making the property tax payments yourself

Real estate is usually a pretty solid investment.

you could also have a little fun like buying some famous companies keep 100k and then advertise for them you might be able to make your money back.

Maybe if you're Chinese.

If you are a Christian, do not earn interest off of it.

Buy two 100k homes in the southwest. Maybe OKC and rent them out. Travel to Thailand, never work again. Thank me later.

just remember
institutional investments

you havent dedicated your life to a new invention, so dont invest in one youre not steve jobs

stocks,real estate, franchises

where in the SW?

Buy 100k Powerball lottery tickets.

>Buying a tech IPO...

Why not buy a small farm
2 -5 acres and a 3 room house.

Buy a house.

Nothing worse then giving your hard earned money to a land lord.

all retarded

This and only this. Stick with index funds that move with the market, you will do just as well if not better than someone who plays around with different stocks.

Look into opening an IRA and maximizing it every year (max is $5,500 a year). IRA's will invest your money into US indexes, foreign indexes and the bond market so your investment will be diversified. Learn what the difference between a Roth and traditional IRA is and which would be better based on your tax preferences. The earlier you invest in your retirement the more yield you'll get when you retire so start immediately for the most bang for your buck.

Before you invest anything, pay off as much debt as possible, and start with the debt with the highest interest. If you don't have debt look at your monthly expenses and put aside money that equals a month of these expenses in case of an emergency (Put this emergency fund in a place easy to withdrawal like a savings account and not an investment fund).

Finally invest in yourself. Whether you're a college grad or not, research career paths and start building your resume. Get your foot in the door somewhere, use your 20s as a time to get as good as you can at what you want to make a career out of. Eat healthy, work out, be social but learn how to say no. Everything you do has a cost and a benefit, whether it's making a financial investment or getting hammered one night.

Op you're a fucking idiot if you don't go buy 50 acres with that money. Set aside property tax for 5-10 years.

Go buy it out in the country in a state you wouldn't mind living.

You're welcome. 50 acres of land can take care of you, your children, and your grandchildren.

Or you could move to a 2nd world country like Thailand and live like a king for the rest of your life.

You would never have to worry about getting pussy again if you are a tall white male.

Buy a plot of land in the wild and live from the nature. That's what I am working towards now.

You should speak to a fiduciary. They are more advanced in the Jewish arts than financial advisors.

(((stock)))

fuck off

t. Chang

>IRA's will invest your money into US indexes, foreign indexes and the bond market so your investment will be diversified.
IRAs are just accounts to put your money in. If you actually want a balanced portfolio you have to a) buy the respective funds yourself or b) buy an all-in-one fund like a Target Date.

i dont think my parents are even planning on leaving me anything. I think they are taking their money and using it all up before they die traveling etc. My mom even hinted at me paying for her to be in a home when she gets older.

This coming from the parents who thought it was their god given right to boss be around 24/7 and treat me like a second class citizen and ignore me unless they needed something because they brought me into the world and so i "owe" them for that. My dad straight up bullied me worse than anyone at my school growing up and now hes trying to spend as much money as he can before he kicks the bucket. Hes practically living retirement check to check but still buys a brand new 30k car just so he can go to LA once a year and go on a spending spree

I unironically hate boomers.

>buying real estate
>real estate industry still hasn't recovered since 2008
>better investment than diversified index funds

Christ I miss high school

>stock is a stupid-ass investment
6 years ago I dumped all my money into the sp500. It's more than doubled.

If you're dealing with large sums of money, the sp500 is a pretty darn good return. but it is a bit toppy right now.

Real estate is a decent investment if you're going to be using the property daily. Thats a ton of gain if you're not paying rent or mortgage and get your day to day fulfilled.

Index funds are much better savings instruments though.

Should have written good ira investment strategy is the three-fund portfolio

>(((diversified index funds)))

Jesus you are quite the salesman, aren't you? let me guess you work at Fidelity or some other rip off investment firm?

Land is the best investment for multitude of reasons that you won't see on a little chart or read about in some snooty Wall Street magazine.

prove it

My folks aren't that bad, but they do bring it up sometimes when they get pissy, which I always respond, "I didn't ask to be born," or, "You raised me so you can nag me to death."

200000 tacos from jack in the box

>i dont think my parents are even planning on leaving me anything. I think they are taking their money and using it all up before they die traveling etc

Boomers are the worst man.

My boomer mother promises when she dies me and my sisters will give even shares of the assets.

Then there is my fucking libtarded, ex hippy father.
Brags about "When your mother dies, I'm selling up and going to asia. Il find some nice young Asian girl to look after me and il party till I die"

I believe him too. He doesn't give a shit about any of us and really just uses us.

I already know that if my mother dies before him we wont see a cent of anything and he will cut us off out of spite.

Something about baby boomer men. They are cowards, greedy and the most selfish people you will come across.

You're dumb if you think real estate is a good investment for getting hard cash back to you, it's not diversified so any number of local catastrophes can tank your value, it's completely feast and famine either you barely make back inflation or you manage to flip like a casino.

It's not a good investment in monetary returns, but it is good to own the property you use for obvious reasons.

hide it in a safe location

Don't fall for (((stocks))) or (((banks)))

Put $100k down on a nice house in a developing area. If you live in a city just look where suburbs used to not exist, make a guess where civilization will expand, buy house there. Try and get your mortgage under $500/month for no longer than 15 years. Get a friend or two to move in and pay you $400 a month in rent. Mortgage taken care of as long as they live there/you rent rooms out, use the profit to pay rest of your bills and stack some for property taxes at the end of the year. Do double payments if you can afford to, get that shit paid off as fast as possible. $200k isn't enough to just stop working, but you can get yourself into a comfy situation financially if you are smart.

Buy gold, buy land, set some cash aside so you can pay off the tax man.

Yea but that also comes with the knowledge to maintain it which I'm assuming 21 year old OP doesn't have, I could be wrong though. Not saying capital/land investments are bad but why buy a mega farm if you can't run it? Then there's the location factor, why is this particular plot of 50 acres for sale? Why has nobody bought this yet?

Grow up kid. Be happy you have them for now.

Don't do it

It's a Jewish scam worse than a casino and you will get Jewed

Ignore all the Jews ITT telling you to invest

convince your mom to divorce him and take him for everything he's got lol

100%

Kill the first group right as I get there, then kill second group when they arrive as well.

Does the propeller push that thing?

solid advice, but the retirement game is slow and doesn't pay off fast enough for most 20 somethings.

You dont know what will happen to the US dollar in 40 years.

You don't need to be running a farm, you can buy food in bulk easily now and as long as its not dead rural land you should get utilities and internet.

I do think buying 50 whole acres is over kill but owning some parcel of land is a great idea even if you never touch it for years.

Land

She's already aware of this other side of him.

Shes getting sick of it as well. Me and my sisters have always known he is like this but he is able to pull the wool over my mothers eyes.

It is going to be easier to buy stocks. Open a brokerage account, click buy.

If you want to spend some money on anything, really anybody will take your money real quick.

Buy 10,000 years worth of Sup Forums passes

>owning something versus gambling
>gambling is better
Dumbest shit ever. We could hit another recession without notice and OP would probably lose his ass.

Land has VALUE. It's a tangible asset you can do things with and LIVE ON and support yourself with. OP could buy cows and chickens and start a little garden, never have to buy groceries, and sell the excess.

Owning land is about being self-sufficient, not having some digital numbers in some Jewish holding account somewhere.

OP could easily afford 50+ acres with that money he has.

IF you do by land, one thing to keep in mind is there are different types of land to purchase. Some residential, some not. It's also important to make sure you're not buying a contract for the land, as there are quite a bit of scammers out there.

Google index funds, then google diversified investments. It's not voodoo. Being savvy at personal finance != being a wall street genius. Sometimes buying land is a great investment, but what the fuck is a 21 year old going to do with a land/capital investment with no knowledge on what to do with it? You've never had to make any financial decision, personal or otherwise, in your life and everyone in this thread can tell.

Also I'm a marketing director and my job has nothing to do with personal finance.

>we could have another recession
>doesn't understand that the great recession was the result of the real estate market collapse
>the real estate market has yet to recover
>t.highschooler

Investing in a index fund is not gambling, putting money into random stocks is in fact gambling. The stock market is a reflection of investment sentiment for the whole us Economy, if you brought in 2010 after the eurocrisis bust you could have quintuppled your money to this day. If you want to have your money be eroded by the inflation jew every year be my guest, but the best returns until central banks unfuck bond returns is a index fund, which is a fund that invests money equally into every stock on that index, basically tracking the economy.

Don't delude people into poverty because you're an uniformed conspiracy theorist little shit. It's people like you why the average person loses so much wealth to finance jew tactics instead of using finance to their advantage.

Goto /biz/ faggot

...

I'm a Jew for suggesting buying a house? The fuck happened to Sup Forums

At first I thought he was actually dumb enough to think day trading penny stocks is the same as index funds but now I'm starting to see through his posts

Better to start sooner than later. You're probably some retarded boomer with a 30 year mortgage to his name. I bet you have a car loan too lol

OP could get a head start, buy some lumber, build a small stable, build a shed, buy some chickens, buy some cows, set up a small garden and he is set for life. Even better if he has his mineral rights.

>what the fuck is a 21 year old going to do with land
Be a man? 15 year olds used to go off to war. But you want OP to be a manchild instead. You want him to be some city cuck with a little Fidelity account working at some trendy marketing firm.

Opinion discarded.

>hinted at paying for her to be in a home

Understand now that at that stage you don't have to pay her shit. When the time comes don't pay fuck all for her

institutional investments are as white as you get

i didnt say hey invest in penny stocks and speculative foreign markets