Lets say you are given $100000 inheritance. You want to grow that money as fast as possible and as safe as possible.

[basstracker89]

True story...went to replace some broke window panes. Woman said " don't fix that one". Why? " Cause that's where I do my ironing. I dip a little snuff and spit out that window"

People are nasty. One of the houses I had to clean out had trash bags full of syringes with the needles still attached. Even packed away in the attic

 

[hikingthehills]

At this point I wouldn't say stock market. We're ut oh away from it coming unraveled. The next drop is going to be ugly.

 

[BHPSteel]

Fast AND safe? Sign me up.

 

[moosensquirrel]

If the RE market crashed like '08, I wouldn't be upset. I'd be buying all the homes I could. Because eventually it will make good money and in the meantime time, a good tenant will keep you above water until.

buy into panic, sell into greed

 

[thevalueman]

It was part of the answer.....

your answer.....???

 

[Tony2X]

For those out there doing this or been there done that what is your advice?

Invest in S&P 500 index fund
Buy real estate
Buy RV park
Buy rental units property

 

[thevalueman]

It was part of the answer.....

I went back, and checked...your were exactly right!!!
My apologies....

 

[Eggmanmja01]

There is a show on that is called BARGAIN BLOCKS were 2 guys live in each house they are rehabbing and move down the street to the next one. Problem is, it's in Detroit

 

[GeauxLSU]

No suggestion....If you bought 2000-2006. You could have been in a world of hurt in 2009.

Only if you sold in 2009.
And if you bought in 2009...

 

[canut]

testdepth, I'm just a retired guy investing as a hobby for the past 35 years. I don't recommend any particular funds, just using Vanguard as an example.. Any investing always has risk, higher than bank or government bonds, etc . Are you looking for current income, or investing it long term ? EG putting it into something like Vanguard Wellington (70%stock/30% bond) will give you $600-700 a month for your lifetime while still maintaining and slowly growing the initial $100K , or putting it in the same fund and not touching it will give you about $250K in 10 years, up to $750K after 30 years.. All depends on your age and needs... More safe blend funds like Wellesley (30% stock/70%bond) will provide less and 100% stock only funds higher $$ and more volatility. If you want to take it out monthly I suggest leaving it in 5 years to build a 15%-25% buffer prior to withdrawing due to market ups and downs... they WILL happen ( dot com bust, covid, Bidenflation) and they are not fun to live through..