Family passed away and left me $155.000

Family passed away and left me $155.000.
This is the most money I've ever had and probably ever will get.
Should I invest the money or just buy a house somewhere?

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>inb4 leeches come out of the woodwork to beg you for money

Invest it you retard, 155k is not enough to sustain yourself alone for long.

Depends on your current income level. If you're not making any decent money then you should invest it (passive investments though, don't go to Jow Forums and dump it all on altcoins). The house will end up costing you a lot more than $155 000 what with maintenance and property taxes.

Those are the same thing. Buy a house and hopefully it will go up in value.
If it has multiple rooms you can rent them out and just keep to yourself in the master bedroom and make free money to cover utilities and living expenses.
$155,000 is not all that much in the long term though, so don't go crazy with it.
Also, consider moving to South East Asia and buying multiple properties instead, that will probably be more secure than relying on leasing rooms out and you could probably get multiple properties rather than just one.
Best of luck to you user, you're gonna make it.

Invest it, but invest it in yourself. Start a business, get some qualifications etc.

Hey user
You don't know me, but that really doesn't matter. I don't want to come off as gratuitous in my message, but I know you have a kind heart and good soul deep down inside. You've been through a lot and I'm sorry to hear of the passing of your family. You are very blessed to have a family who thinks ahead and saves enough for you and your descendants futures. I wish you all the luck you can receive.

what's he gonna buy with $155? a single share in apple? lmao

I don't earn anything at all. I work as a low level sys-admin and earn around $30k a year..
What should I invest in then? As you said, I don't want to fall for the Link bs.
In what though? How can I learn about investment
So buying and selling property?
Not a bad idea, but is 155k enough for that?

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$155,000
Sorry eurofrag

Thanks user I appreciate it. The same goes for you of course! I wish you all the best.
We all go through hard times.. best we can do is just work through it

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Silly Billy, leaches dont live in lumber.

Talk to financial advisor at decent brokerage
Zz

Buy a 40k hoise in a low cost of living area and invest what you have into dividend stocks that pay out at different parts of the year. Ideally, you stagger it so that you have income coming to you once a month. From there, get a low income bracket job and just coast while investing more into your dividend funds at time goes on. Ideally, after 15 years, you could hypothetically coast on what you have invested and live the eternal neet life.

Housing first, then dividends, then more property. Go to investopedia or buy a book.

Of course, user! You know, all good deeds deserve a reward.
I almost forgot, in all my praise of you, to tell you about my paypal. I'll take 75%, to elliot.johnson.25. Don't spend the rest all in one place!

>So buying and selling property?
No, you just buy property and rent it out. What you want is passive income.
155k might be enough for one property in the US, I assume you're American, or several properties in a cheaper part of the world.
155k is not enough to trade properties like one might trade stocks though.

i wouldnt invest, invest anons are always saying this but essentially you cant touch that money as if you didnt have it at all

in exchange for a couple hundred bucks a month from dividends, which is volatile.

Donate some to the needy.

YOU LUCKY FAGGOT YOU'RE ACTUALLY CONSIDERING BUYING PROPERTY WITH 150K AS A FUCKING INVESTMENT???? FUCK YOU

155k is quite a bit. I can get about 10 years of rent where I'm living in the Dallas area

Talk to a Jew senpai. My grandparents had a trust with about a million bucks so I know a little about it.

Take 10 k and buy some nice waifu pillows and tendies with it. Take the rest of the cash and have a jew put it into safe investments

not op but who do you mean by a jew exactly? I imagine not a rabbi lel but how do you make sure your investment manager or w/e is legit?

Just look up highly rated financial planners in your area.

Google maps is good for this. If you were talking about millions I would give different advice but 100k is a normal sized windfall that anyone giving conservative advice will do fine

How old are you?
If you're younger than 25, I'd put as much as you can into a Roth IRA(I think that max you can put in when you open it is $10-$20k)
Roth IRA is probably the safest investment that you don't need to keep track of. The only catch is that you can't pull money out of it until you're 65. But assuming you live that long, if you keep putting money into it, your retirement will be much more pleasant

Buying a house might not be a good idea depending on how much money you make. You'll still have to pay taxes, keep the house in order, etc.

You could use a portion of the money to put a big down payment on a mortgage and use your inheritance to subsidize the payments over time.

The reason you want to consider a mortgage over buying a house outright, is that you can invest the money and get bigger returns on the investments.
You can write off the interest on mortgages on your taxes, so it's essentially a free loan. Use the money to invest instead.

Buy a epic gaming PC!

Look into roth iras

Be smart, dont tell anyone that doesnt already know

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buy the best property you can afford and rent
gg

>no dog girl to fetch you your slippers

This is the real pain desu

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Really depends on your personal situation. Can't go wrong with putting it towards retirement, unless you don't plan on making it that far.