Easy, invest it.It is strange, but a slightly tweaked occurrence arrived in my life, and I never expected it. For perspective, I am in college, with supposedly two years left (but I'm thinking about taking a Master's degree), with no debts so far, and I have been controlling myself not to touch any of it for about four months now. Our family does not own a car nor a house (yet).
What would you do in this situation?
Tell her a little about yourself, but not too much. Maintain some mystery. Give her something to think about and wonder about when she's at home.
Quote taken from The SoSuave Guide to Women and Dating, which you can read for FREE.
Nice! You could get that done for 10 times less than Lawrence from Office Space. He needed a million dollars to do 2 chicks at the same time.2 chicks at the same time. I would think that could be accomplished with 100k.
First of all, 100k is awesome but it’s also not everything you think it is. That money, not treated properly, can and will evaporate quickly. Have an emergency fund 25k. Then especially now get that balance into the SPY etf until you understand money management better. The 25k in cash will help you feel better as the 75k flips around like a washed up fish on the sand of the beach. Im happy to chat if you have more questions.It is strange, but a slightly tweaked occurrence arrived in my life, and I never expected it. For perspective, I am in college, with supposedly two years left (but I'm thinking about taking a Master's degree), with no debts so far, and I have been controlling myself not to touch any of it for about four months now. Our family does not own a car nor a house (yet).
What would you do in this situation?
Most financial advisors are just salesman looking to get their percentage fee. There are some good ones but most really are not that great. That fee compounded over a lifetime becomes a substantial amount of your return. With low cost index funds and ETF's you can really replicate what most do with a little bit of research. Will also add, nobody is going to care about your money like you do, so it should be a skill you try to acquire over your lifetime.Hire a financial advisor so that it doesn't all go away overnight.
Also possibly see if I can invest in something that'll let me live off of passive income for the foreseeable future.
Only thing I would add to this, is dollar cost average in those funds over a set period of time. Would not rush into anything right now and taker a measured approach.First of all, 100k is awesome but it’s also not everything you think it is. That money, not treated properly, can and will evaporate quickly. Have an emergency fund 25k. Then especially now get that balance into the SPY etf until you understand money management better. The 25k in cash will help you feel better as the 75k flips around like a washed up fish on the sand of the beach. Im happy to chat if you have more questions.
qualification; manage about $1b of assets at a major bank.
I’m a financial advisorMost financial advisors are just salesman looking to get their percentage fee. There are some good ones but most really are not that great. That fee compounded over a lifetime becomes a substantial amount of your return. With low cost index funds and ETF's you can really replicate what most do with a little bit of research. Will also add, nobody is going to care about your money like you do, so it should be a skill you try to acquire over your lifetime.
Only thing I would add to this, is dollar cost average in those funds over a set period of time. Would not rush into anything right now and taker a measured approach.
With what parameters? That does not apply to every period of time and there are a lot of variables. For example, going all in at the peak of the market a year ago wouldn't out perform scaling in over the past year.I’m a financial advisor
The fallacy of dollar cost averaging is disputed by empirical research
Well meaning post, only being tongue in cheek
Just because a woman listens to you and acts interested in what you say doesn't mean she really is. She might just be acting polite, while silently wishing that the date would hurry up and end, or that you would go away... and never come back.
Quote taken from The SoSuave Guide to Women and Dating, which you can read for FREE.
I have to check. It’s based on rolling averages over 70+ years I believe. It doesn’t matter when you put it in.With what parameters? That does not apply to every period of time and there are a lot of variables. For example, going all in at the peak of the market a year ago wouldn't out perform scaling in over the past year.
For the most part this is true, but there are periods in history where stocks did not reclaim their highs for 10yrs plus. In 1929, it took 25ys. Can't say that will happen for sure but I would personally take that in consideration and think there will be a lot of opportunities if you have cash to deploy. To each their own thoughI have to check. It’s based on rolling averages over 70+ years I believe. It doesn’t matter when you put it in.
It’s not the time to profitability it’s the performance vs DcaFor the most part this is true, but there are periods in history where stocks did not reclaim their highs for 10yrs plus. In 1929, it took 25ys. Can't say that will happen for sure but I would personally take that in consideration and think there will be a lot of opportunities if you have cash to deploy. To each their own though
Right, if you have a market in a downtrend for 1-2yrs. Breaking up those buys through that cycle down will outperform buying the peak. Your average cost basis will be lowerIt’s not the time to profitability it’s the performance vs Dca
No, that’s not true. That’s what I am trying to tell you. On a relative basis, no matter what, lump sum winsRight, if you have a market in a downtrend for 1-2yrs. Breaking up those buys through that cycle down will outperform buying the peak. Your average cost basis will be lower