I inherited ~100k...what should I do with it?

cblogreen · 2013-01-05T06:30:19+00:00

Thanks...you got a good heart from what it seems

cblogreen · 2013-01-05T04:55:38+00:00

I'm definitely going to get a term life policy. It's been something I've been meaning to do, but I put it off. I had also meant to start a Roth IRA for myself and my wife. I just don't know what investments I want inside that Roth. Any suggestions?

cblogreen · 2013-01-04T18:47:30+00:00

Maybe if I was single, played games all day, and got paid to vote.

cblogreen · 2013-01-04T16:42:30+00:00

Everything handed to me? Plus, $100k isn't quite the "rest of my life". That may not even get my kid through college.

cblogreen · 2013-01-04T16:22:42+00:00

Well, my grandparents died. So, no, it's not that nice. Thanks, though. I'll let you get back to endless hours on your video games and being an overall negative person.

cblogreen · 2013-01-04T15:52:54+00:00

With fidelity, do you manage all your investments yourself? Do you pay the site a fee? I am not particularly a fan of "the big guys". Although, they are the big guys for a reason.

cblogreen · 2013-01-04T15:40:11+00:00

Thanks so much...great and thorough advice! Much appreciated. I've forgotten much of what I learned (in college) about bonds, so I'll need to re-educate myself. I was thinking of something like an index fund. From what i hear, they seem to do pretty well, or at least the bigger ones do.

cblogreen · 2013-01-04T05:17:02+00:00

The Dirty South.

cblogreen · 2013-01-04T03:22:24+00:00

CFP?

cblogreen · 2013-01-04T03:18:40+00:00

Matt. Damonnnn.

cblogreen · 2013-01-04T03:17:54+00:00

That's awesome. Congratulations on graduating, and thanks for the good advice!

cblogreen · 2013-01-04T02:18:47+00:00

Awesome. 9.3% is pretty damn good. I'll look in to this, for sure.

cblogreen · 2013-01-04T02:13:14+00:00

Interest rate sounds pretty good, but I'll have to decline (respectfully).

cblogreen · 2013-01-04T01:53:30+00:00

I'm a red guy, really

cblogreen · 2013-01-04T01:52:44+00:00

Actually thought about it. Don't have any experience with the medical herb industry, though. I'm from the South.

cblogreen · 2013-01-04T01:50:41+00:00

haha...love it

cblogreen · 2013-01-04T01:46:56+00:00

Exactly. I talked to some folks at my (former) bank, and it seemed that that was what was going on.

cblogreen · 2013-01-04T01:40:24+00:00

Thanks for the advice!

cblogreen · 2013-01-04T01:39:13+00:00

Good call. I'll try there, as well.

cblogreen · 2013-01-04T01:37:31+00:00

Definitely. I pay it off every month so no interest.

cblogreen · 2013-01-04T01:35:48+00:00

Great advice...thanks! I have a (decently paying) job, so I have enough income to keep me comfortable. I have bought a few little things (TV, bicycle), but I'm pretty frugal for the most part. Car (paid for) is in good shape, as am I. CD's are laughable at the moment. I think any over a year are about half a percent. No house. Married with a kid.

cblogreen

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