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Downtown-Fig602 OP t1_j9ve0wx wrote

Reply to comment by sl0an1 in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602

I was looking at TQQQ but wasn’t sure how much to put in it. Was thinking 10k to start

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sl0an1 t1_j9vziev wrote

140k is a ton of money at your age. Dont be an idiot.

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Whatever you do, dont listen to 99% of the goobers on this sub (including me).

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Look into LEAPS if you want to gamble with Options and leverage.

Considerer DCA'ing over the next few months/year. If you want to buy your 50k car, buy it. Then take the 90k and put it into LEAPS or TQQQ over the next 6 months (buy $15,000 per month)

Otherwise be smart and boring and just buy plain Vanguard index funds like VGT or VOO.

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