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?
dude… you have $250k and it will be $500k in 7 years??
how is that not enough incentive to just get you excited to start the day??
get into a new routine… you’re broke working a crap job… stop doing what you’re doing. you have the abiltiy to change your life around now knowing you have REAL money waiting for you.
you can try so many new things… dont just jump into business without any idea or experince of what to do… thats the fastest way to lose money
Why not go work at a bar. meet new people. socialize. make money and have your day time to work on a side hustle or new venture idea.