So /biz/, I just inherited about 100,000k. What do? One year of school left, gonna have about 10 k to pay back in loans. Other than that I'm debt free, with a shitty low paying job...pic unrelated
You inherited $100,000,000?
Sell Eth by trump.
>>1316820
Buy trumpcoin
>>1316820
50% ITOT, 25% BLV 25% cash savings at 1% in a bank like Ally
Thank me later. Spread out your investments over a set period of time, once a month, etc.
>>1316820
1. Go back to school and get a degree that will pay more
2. Get a small apartment close to school and some shitty car so you have a independence
3. Invest the rest in index funds and live off the dividends
>>1316891
What dividends? You mean interest? 100k will not give you enough to live off the interest
>>1316906
hes a college student who is working how is 100k not enough interest
>>1316883
Why so much faith in ITOT?
>>1316916
I just found out about it recently and it's actually cheaper than any S&P 500 index fund. If you do want a "guarantee" though stick to VTI
>>1316913
You're gonna get under 10k a year with 100k invested. That's not guaranteed either. Unless he means 100000k in which case what the fuck
>>1316916
If you were referring to the asset allocation of 50% I simply chose that because he is young. But I'm not positive on stocks for the next 5+ years so I allocated a lot to bonds and cash as well.
