What to do with an unexpected $100k?

Oct 21, 2017 77 Comments

I just received $100k as inheritance from a relative. It is awesome he left me that money, I don't really need it now to be honest. I'm debating what to do with it. Sure I can invest, or upgrade my car, or use as down payment for a property... suggestions?... not a lot of money but not small either. Thanks

comments

Want to comment? LOG IN or SIGN UP
TOP 77 Comments
  • Put it into a low-fee index fund and let it grow. If you have it there for 40 years (assuming you’re young), it can grow to over a million dollars.
    Oct 21, 2017 13
    • Facebook FbECS
      Austin, Florida, surrounding suburbs of Chicago, Denver, surrounding area of Portland to name a few
      Oct 21, 2017
    • Nextdoor YM2345U
      If you think Detroit has a shot in becoming amazons second hq, housing is dirt cheap. It's a pretty low risk investment. Doubt it gets lower in price. Could pay off handsomely
      Oct 22, 2017
  • Cummins / Eng afnl60
    2 chicks at the same time
    Oct 21, 2017 6
  • Pure Storage orangeg769
    Use it to do good. If you live in the Bay Area, there are so many people that were struggling to make it and then the fires took what little they had. Or help the people of Puerto Rico.... you can literally look around you and see the areas where financial support can transform other peoples lives more than it will transform yours. Giving to those that need it desperately, helps everyone.
    Oct 21, 2017 3
    • Google / Eng
      djeldl*#

      Google Eng

      PRE
      Uber, Microsoft
      djeldl*#more
      $100k is enough to change many lives. It could buy 10 houses for families in rural India, or a deep-bore well for an entire village.
      Oct 21, 2017
    • Pure Storage orangeg769
      FbECS - get out of the bubble. $100k feeds a women and children's shelter for a year / provides thousands of foster children with basic essentials to build self esteem... shall I go on?
      Oct 21, 2017
  • Microsoft Ft344327$
    I’d put $2500 in Bitcoin, $47.5k in low-fee vanguard funds, and hold the other $50k for opportunistic investment opportunities.
    Oct 21, 2017 3
    • Microsoft / Eng WindowsXP
      You won’t get even a single bit coin for 2.5k
      Oct 21, 2017
    • Amazon / Eng
      jlrc84

      Amazon Eng

      PRE
      Microsoft
      BIO
      Looking for opportunities!
      jlrc84more
      You cab buy half or even less fractions.
      Oct 21, 2017
  • Microsoft HGqw60
    Make the check payable to:
    DM me for name & address...
    Oct 21, 2017 0
  • Microsoft $x$
    Buy Bitcoin for 20k and gamble on it...
    Oct 21, 2017 0
  • Microsoft UltraTroll
    Pay tax
    Oct 21, 2017 1
    • BlackBerry JrmyCorbyn
      Very droll!
      Troll!
      Oct 21, 2017
  • Google / Eng
    djeldl*#

    Google Eng

    PRE
    Uber, Microsoft
    djeldl*#more
    Donate it!
    Oct 21, 2017 0
  • Intuit / Other
    Squirrelz

    Intuit Other

    PRE
    PayPal
    BIO
    Accomplished Analytics and Business Operations
    Squirrelzmore
    Give me 25k I will make it 100k in couple of yrs
    Oct 21, 2017 2
    • Google / Eng cjirdbo
      Footnote: Or not
      Oct 21, 2017
    • Uber / Eng
      Sight

      Uber Eng

      PRE
      Facebook
      Sightmore
      Oct 22, 2017
  • Google LEUy25
    Dollar cost average into vanguard SP 500 fund
    Oct 21, 2017 0

Salary
Comparison

    Real time salary information from verified employees