Submitted by Downtown-Fig602 t3_11b0w0i in wallstreetbets
MixedElephant t1_j9vf367 wrote
Reply to comment by Downtown-Fig602 in How would you invest 140k? Getting inheritance at 21yr old. by Downtown-Fig602
What I’d do:
Payoff the car. (48,000) Buy 2 BTC, and cold storage hardware (trezor and a stainless steel seed card) ($47,000)
Buy $45,000 QQQ
Then add $900 every month to your investment account and add to QQQ.
This isn’t likely going to make you a millionaire in two years, but it’s definitely more aggressive/risky than /r/personalfinance. And you’ll be in a very good position in 15-20 years.
BTC is the optionality in your portfolio. It could end up paying off huge ($200k+ per coin, or could flop).
Downtown-Fig602 OP t1_j9vfn4h wrote
I was thinking something very similar minus the car payoff part
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