My parents gave me a million dollar. What should I invest?

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djl1211

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djl1211
Mar 12 48 Comments

My parents gave me a million dollars. I’m planning to buy a real estate for short rental listing on Airbnb. I will still take mortgage since its still a good leverage. Any area particular recommended for it. Besides this plan, I’m still looking for other good opportunities. Anyone would share what they would do? Thanks#personalfinance #investments #money

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TOP 48 Comments
  • Meta / Eng
    ⛑’s friend

    Go to company page Meta Eng

    ⛑’s friend
    I don’t know why but I have a deeply ingrained hatred of people who get lots of money from their parents. In my case it’s the reverse…
    Mar 12 2
    • Divvy Pay
      Dante3.0

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      Dante3.0
      …They made their fortune and that’s why I don’t want to blow it. You can become wealthy if you have the right attitude to make your own way.
      Mar 12
    • That deep hatred clouds your perception - don’t let your personal experience with your parents be the judge of other people.
      Mar 12
  • New
    Humdinger

    New

    Humdinger
    Adopt me.
    Mar 12 1
    • Divvy Pay
      Dante3.0

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      Dante3.0
      I will. Once I figure out how to invest, you’re my next kid :)
      Mar 12
  • R1 RCM
    Live!

    Go to company page R1 RCM

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    Amazon
    Live!
    Ask them for advice. They were able to save and grow their finances enough to be able to give you a million dollars without worry.
    Mar 12 2
    • Divvy Pay
      Dante3.0

      Divvy Pay

      Dante3.0
      That’s also true. They gave me some advices. But I’m seeking advices publicly as well.
      Mar 12
    • R1 RCM
      Live!

      Go to company page R1 RCM

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      Amazon
      Live!
      If I were you, I would buy a home for myself, and invest the money I save on rent etc.
      Mar 12
  • Yes, blind is the place to look for suggestions for investments.
    Mar 12 2
    • Divvy Pay
      Dante3.0

      Divvy Pay

      Dante3.0
      Why not? Full of smart people here
      Mar 12
    • Google
      MHxz10

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      MHxz10
      If by smart you mean LC sure but you and I both know this form of intelligence doesn't extrapolate
      Mar 13
  • Flagged by the community.

    • Divvy Pay
      Dante3.0

      Divvy Pay

      Dante3.0
      Yeah I’m in believe of crypto. $DOGE maybe no
      Mar 12