Markola
Thinks s/he gets paid by the post
VTSAX
Sent from my iPad using Early Retirement Forum
Sent from my iPad using Early Retirement Forum
22 years old and just inherited $20,000
- Thread starter moneymaker
- Start date
My mind tells me to put $15,000 on S&P or Dow Jones index fund. And use the $5000 for other things you like - travel, etc. But if I was at that age, my emotions tell me to get a Sports cars and do a road trip 
. Seriously, invest the money, so you can be a millionaire at 60 yrs old.
. Seriously, invest the money, so you can be a millionaire at 60 yrs old.unclemick
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
1. Pretend you never got the money.
2. Buy Vanguard Total World Stock Index Fund.
3. Don't look except as required at tax time for at least 20 preferably 30 years. Then but the appropriate life cycle fund for your /situation.
Party on, do life, make your good moves/mistakes just like before you ever saw /heard of the money.
heh heh heh - at age 72 hindsight says I did best in the 401k(Bogle's Folly) I never looked at that much nor messed with - doing nothing was my best investment move and I made a lot of less stellar ones over the decades.
2 cents.
2. Buy Vanguard Total World Stock Index Fund.
3. Don't look except as required at tax time for at least 20 preferably 30 years. Then but the appropriate life cycle fund for your /situation.
Party on, do life, make your good moves/mistakes just like before you ever saw /heard of the money.
heh heh heh - at age 72 hindsight says I did best in the 401k(Bogle's Folly) I never looked at that much nor messed with - doing nothing was my best investment move and I made a lot of less stellar ones over the decades.
2 cents.
