View Full Version : Investing money that fell into my lap...
GM Man
07-23-2023, 03:24 PM
Due to some unforseen circumstances, I've come into some money. Now I know I could use it finish my 67 Camaro and make it a fun car, but I'm looking to invest it and make more off of it. I've been following the Invest thread and learned a lot from it. If you had say $150k to invest and no real bills, what would you do to make more money? Chic-Fil-A franchise, stock market, strip club? :lol: All kidding aside, I am serious and do want to make this money grow. Open to any ideas or suggestions. Thank you!
dontlifttoshift
07-24-2023, 04:40 AM
Read this.
https://www.bogleheads.org/wiki/Managing_a_windfall#:~:text=Set%20aside%20six%20mo nths%20to,market%20funds%2C%20and%20treasury%20bil ls.
Then join bogleheads and read some more.
Investment advice from a car forum without a clear picture of of your actual finances will be worth exactly what you paid for it.
slimjim
07-29-2023, 06:02 AM
I'm sure you'll get a lot of good advice here as there is a lot of successful people. But Donnys advice is best.
Investing is not as complicated as most people assume but setting up the foundations and most importantly, a sound understanding of money will always prevail.
If I have any advice, don't rush a thing, you'll learn more from the top 20 investing books than you would in a finance degree, so get reading.
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