| I'm 18 and inherited $50,000 |
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GardenCat
Full Member
Cash: $ 12.80
Posts: 63
Joined: 07 Dec 2014
Location: Colorado
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If you were comfortable, before the inheritance, with the debt you would have after school and grad school then that is your basis. Forget screwing around with the $50K and trying to figure out the school finances, 529 plans, etc.
Put the $50K to work for you for your future. You are young, you now have this ONE chance to set yourself up to be a millionaire by the time you are 50. Don't blow it.
Invest the money in a Vanguard S&P 500 type fund, as Old Guy suggests, and forget about it.
Good Luck!, You have a fantastic opportunity, make it work for you.
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Sun Jan 31, 2016 9:09 pm |
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Deen888
Senior Member
Cash: $ 41.60
Posts: 203
Joined: 14 Feb 2018
Location: Los Angeles
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The first thing I bought from my first salary was a vape device with ego-t battery. I used to smoke heavily but couldn't quit by myself. Vaping helped me to get rid of harmful habit rather quickly, my emotional addiction from cigarettes was eliminated.
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Sat Jan 30, 2021 8:15 am |
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