Not great at financial stuff. What can I do better
Age:30YO 500k in trust fund invested in gov bonds. Technically able to take the money out. Don’t know what else do do with it. stock investments with financial advisor: 500k (down from 550k) House worth 400k that is fully paid off. Needs like 13k in renovations. Would rather sell bc far away. Not being rented bc it need repair 401k: 22k Partner (35) doesn’t work will inherit a little over 2M from a trust when they are 40. Rent is $3500. But soon to be living in “free” house paid for by tenants living there that partners parents own. Partner and I living paycheck to paycheck off 170k base in HCOL. Stocks from google I just sell and hand off to the financial advisor as they arrive. TC: average 300k
Doesn't sound like you have anything to do. Multiple trust funds and wealthy family have set you up for life with any work.
I don’t come from wealth. Partner does. Won life insurance lawsuit
Invest in sucking your own dick
🍆
Financial advisors are a huge scam. Treasuries are not good long term investments
Keep hearing that.. but just take out and out all into ETF or what?
Yes - ivv or fskax
Index funds. Basically they follow the market. Don’t sell unless you need too. It’s a very long game.
Not Indian lol
Why does race matter here?
Don't break up with your partner or find one with a bigger trust fund.
Just don’t gamble and don’t do drugs. Living pay check to pay check is fine.
No gambling or drugs lol