this post was submitted on 14 Nov 2023
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I’m coming into about 250k in a couple months from an inheritance. It’s currently in stocks, bonds, REITs. It doubles roughly 7 years, so I’m told by my financial advisor. I could take it out in cash or leave it there for it to slowly grow.

My situation right now is rough. I’m living in a small apartment, can barely pay rent, my electricity just got shut off a couple days ago, my car note is 4 months behind. I work a dead end job and I’m broke as hell.

I want to use my inheritance to help me out of this rut. Not to spend it all on useless crap but either a home, or a business (PASSIVE preferably). I don’t have many business skill sets or anything like that. If I could make money online that would also be great. Not sure where to go

How do I begin with my little experience? It takes money to make money right? And I have that shortly so… what would you do?

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[–] rupeshsh@alien.top 1 points 1 year ago

Bunch of questions

How old are you?

Why are you in a dead end job? Did you goto college? Can you goto college?

What city / type of city would you buy this house?

The most important thing to do is to get out of your dead end job lifestyle.

I would park 200k with the financial planners plan and invest 50k to either learn / upskill / goto college or buy a running business .

I won't touch the 200k till i can pay my bills.

Whatever you do, DONOT buy any course you see from any ad that is being shown to you ( I know you are already thinking)