Downtown-Fig602
Downtown-Fig602 OP t1_j9vfn4h wrote
Reply to comment by MixedElephant in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
I was thinking something very similar minus the car payoff part
Downtown-Fig602 OP t1_j9vfjid wrote
Reply to comment by Other-Bumblebee2769 in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
No. Don’t want to buy now because of interest rates and I might move to a different state in the coming years
Downtown-Fig602 OP t1_j9vfgvi wrote
Reply to comment by HesitantInvestor0 in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
IT, half of a degree and multiple certifications
IT
Risk tolerance is extreme. It could go from 100k to 10k back to 100k and I wouldn’t care
Downtown-Fig602 OP t1_j9vfcqs wrote
Reply to comment by sjs48 in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
>yolo so you can learn
I’ve already lost 5k in the past. I’ve also gained 10k. I feel I know what’s too risky and what’s stupid at this point. when I say risk I mean calculated risk, not 0dte options
Downtown-Fig602 OP t1_j9vf4vq wrote
Reply to comment by EatsRats in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
Excuse my ‘tism but what does mondo-early mean?
Downtown-Fig602 OP t1_j9vf1ya wrote
Reply to comment by Daymanic in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
>figure out what you want to do with your life
Be a millionaire
Downtown-Fig602 OP t1_j9ve86n wrote
Reply to comment by LEGENDARYSHlTPOSTER in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
DCA over how long of a period? I’m too impatient for DCA’ing. Like I’m fine with it after I have the money in the market and I’m just averaging with my job income but I don’t wanna DCA the lump sum
Downtown-Fig602 OP t1_j9ve2f6 wrote
Reply to comment by JustMemesNStocks in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
Why? All you have on me is the car lol. I just really love cars.
Downtown-Fig602 OP t1_j9ve0wx wrote
Reply to comment by sl0an1 in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
I was looking at TQQQ but wasn’t sure how much to put in it. Was thinking 10k to start
Downtown-Fig602 OP t1_j9vdxov wrote
Reply to comment by MixedElephant in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
5.6
Downtown-Fig602 OP t1_j9vdx3p wrote
Reply to comment by Immense_Gauge in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
I don’t want to retire a millionaire I want to be one within a few years
Downtown-Fig602 OP t1_j9vduwa wrote
Reply to comment by Other-Bumblebee2769 in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
No it is your comment just wasn’t clear, makes sense since you probably have acquired brain damage from this sub lmao.
All joking aside, that’s the only thing I spend money on besides food and I love it so I don’t see a problem. I still have 20k at the end of every year
Downtown-Fig602 OP t1_j9vdngm wrote
Reply to comment by Rustomatic83 in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
True I guess I’ll just YOLO $900 every month after I pay it off
Downtown-Fig602 OP t1_j9vdl8g wrote
Reply to comment by nomorerainpls in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
True but I don’t have any need to spend more than I already am per year even if my salary increases. I already eat out nicely once or twice a month, and food is the only thing I spend money on outside monthly bills and my car
Downtown-Fig602 OP t1_j9vcvjd wrote
Reply to comment by TangerineNo8117 in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
4% isn’t high enough for me tbh especially with S&P average being above 8% I’d rather throw 100% in SPY
Downtown-Fig602 OP t1_j9vcls2 wrote
Reply to comment by sjs48 in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
Around 5.6 I think
Downtown-Fig602 OP t1_j9vckff wrote
Reply to comment by JohnnyFnCliche in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
Idk seems pretty fun to me but I agree I might go cheaper like for a Tesla maybe
Downtown-Fig602 OP t1_j9vcf0z wrote
Reply to comment by DucatiSteve1299 in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
By title I’m technically an IT Support lead for 20 different employees but by actual job duties I’m more of a sysadmin and I create scripts to fix repetitive helpdesk issues. It’s for a ~10bn dollar company that’s publicly traded and I get FaceTime with the CEO when he has IT issues
Downtown-Fig602 OP t1_j9vc89j wrote
Reply to comment by olivertwist225 in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
Already done that
Downtown-Fig602 OP t1_j9vc74o wrote
Reply to comment by pw7090 in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
Is that a thing?
Downtown-Fig602 OP t1_j9vc64u wrote
Reply to comment by crimsonghost747 in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
Sounds good. I’m thinking maybe 30k to the car, 90-100 in index funds and 10-20 in risky plays and options
Downtown-Fig602 OP t1_j9vc1rg wrote
Reply to comment by Other-Bumblebee2769 in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
I’m so confused what’s the car have to do with being a millionaire? I’d prob get a Porsche if I was a millionaire
Downtown-Fig602 OP t1_j9vbvd0 wrote
Reply to comment by EscortSportage in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
Not gonna buy property with these interest rates right now bro
Downtown-Fig602 OP t1_j9vbry1 wrote
Reply to comment by Kitten_Team_Six in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
Nope pretty sure all of that was already settled cause he had cash in his bank accounts at the time of his arrest and my family never got any of it
Downtown-Fig602 OP t1_j9vfp9s wrote
Reply to comment by JustMemesNStocks in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
In what way? How have I demonstrated impulsivity if my first instinct is invest versus buy cool shit?