I just got my settlement how should I invest?
- Thread starter Eastside Get The Money
- Start date
RadaMillz
Superstar
I got a settlement recently too, I could have gotten double or even triple that if I wasn't honest 
Cakebatter
All Star
I love the idea of buying property in Detroit to rent, especially with Detroit's 'Sidelot Program' where you can buy an empty lot adjacent to your property for $100. That said, if you aren't around to maintain and service those renters, I would advise against it. Typically when interest rates are high, property values drop. Well, Damn, interest rates are high and property values are at an all-time high, so unless we see a doomsday event in the market, values are only going up.
The coli doesn't pay the mods, can you send me a few stacks?
I would buy a root beer rollie
That's flexing?
Around my way flexing is a house or a whip, or a trip to Africa or something I can't even buy a tv and go to Detroit without yall on my head
Like I said, you’re too scared to give specifics, when you’re all
that’s what happens 
Go buy some skyscrapers son
Eastside Get The Money
Veteran
Stay mad and broke see yourself outLike I said, you’re too scared to give specifics, when you’re all
Go buy some skyscrapers son
Software
RIP Future Gohan
Might have a torn labrum or some other structural damage
Have you gotten it looked at by an orthopedic specialist?
Eastside Get The Money
Veteran
I can't recall the exact tear off the top right now it's in my paperwork but I went to the shoulder specialist first and he told me basically it can possibly be fixed through physical therapy or through surgery which again would be a possible fix for such tear.
I am pretty much back to normal in regards to it, I couldn't reach above my head, throw a ball, do a push up or any of that it was useless until PT got me right. But even after all of those sessions it still feels like my shoulder is 90% to where it was.
https://www.thecoli.com/threads/legal-advice-i-got-hit-by-a-car.920357/
I made a thread about this while ago about me getting hit by a car while walking and I finally got my bag
I’ve always made decent money and I am more than frugal but this is the first time I have a little bit of disposable money.
I bought a few toys (a new guitar and bass, a new tv for the low during Amazon prime week, a watch, a new MacBook, paid a few months rent out flat, traveled back home to Detroit to see my granny and traveled to Portland and LA to explore the whole west coast. Lastly got my mom a trip on a cruise to the Bahamas for her birthday last week. To keep it a bean I’m done spending money
Question is how should I invest now? I’m tapped in to the music scene here and I have a few people in my ear talking about starting or partnering a music label. Others said get some real estate back home in MI for the low and get my rental hustle on.
I need some coli experts to give me some suggestions about how to invest in a smart way. I really don’t care about money like that and never have, so I’m not too educated about how the stock market works or even large investments in general.
Ballin Coli brehs help your mans out
Stop with the trinkets.
Get some land, as much as you can, build it up and park your ass there and get your mind right. The cash can’t buy you happiness but it will buy you a buffer and some distance. Use it wisely because 95% of the humans outchea will never have that.
Depending on how much money you have if it was me I would max out a Roth IRA ($6k a year) and invest the 6k in a index funds. A index fund you may want to look at that other posters also listed is VOO. VOO index fund track the top 500 companies in the U.S (SP 500). It contain companies like Apple, Microsoft, Amazon, etc. The top 10 holdings of VOO is at the bottom of the link below.
finance.yahoo.com
Just remember a Roth IRA is a retirement IRA account and if you sell a stock or index fund and withdraw the interest before retirement age then you will have to pay taxes on it. Another index that you might want to look at is VTI. It is a fund that contain every company in the U.S. stock market. You don't have to max the Roth IRA or contribute to a index all at once. You can add $100 or $200 or $300, etc once a month to a index fund. Whatever you feel comfortable with.
I don't know too much about investing in real estate. I know the rates are high right now. I'm not sure if we are close to a housing market bubble so I wouldn't know if this is a good or bad time to buy a house. However I think if we do have a housing market crash like 2008 then that will a good time to buy soon after if you have the money because homes will be much cheaper.
Sorry to hear about your accident and good luck on your recover. A good financial advisor can probably give you some guidance on your different investment option.
Vanguard 500 Index Fund (VOO) Holdings - Yahoo Finance
View Top Holdings and Key Holding Information for Vanguard 500 Index Fund (VOO).
finance.yahoo.com
Just remember a Roth IRA is a retirement IRA account and if you sell a stock or index fund and withdraw the interest before retirement age then you will have to pay taxes on it. Another index that you might want to look at is VTI. It is a fund that contain every company in the U.S. stock market. You don't have to max the Roth IRA or contribute to a index all at once. You can add $100 or $200 or $300, etc once a month to a index fund. Whatever you feel comfortable with.
I don't know too much about investing in real estate. I know the rates are high right now. I'm not sure if we are close to a housing market bubble so I wouldn't know if this is a good or bad time to buy a house. However I think if we do have a housing market crash like 2008 then that will a good time to buy soon after if you have the money because homes will be much cheaper.
Sorry to hear about your accident and good luck on your recover. A good financial advisor can probably give you some guidance on your different investment option.
Depending on how much bread you want to invest...
I would say open a brokerage account in Vanguard, buy stock into the S&P 500... easy 9-12% per year. Buy and hold, contribute when you can.
Buy a few blue chip stocks, and just buy and hold. Contribute when you can.
Real estate is a little trickier... If you can find a good deal, then do it. And a good deal is one where you're gonna make money on your investment in terms of renting out. I've seen a lot of real estate "investments" turn into liabilities because the money is going out, but not coming back.
Good luck my G
I would say open a brokerage account in Vanguard, buy stock into the S&P 500... easy 9-12% per year. Buy and hold, contribute when you can.
Buy a few blue chip stocks, and just buy and hold. Contribute when you can.
Real estate is a little trickier... If you can find a good deal, then do it. And a good deal is one where you're gonna make money on your investment in terms of renting out. I've seen a lot of real estate "investments" turn into liabilities because the money is going out, but not coming back.
Good luck my G
Amo Husserl
Superstar
Down payment on a house.