Hey there folks. So recently my POS father passed away and left my sister and I a surprisingly decent amount of money. She and I have collected the first big part of our inheritance, and will be getting the second part (and possibly more) soon and it will total around $60k~$70k paid out to each of us after the funeral and other final expenses have been paid off.
I’m 29 and currently living back at home after getting my degree, and while I have not been employed for a year now due to the job market locally being in the toilet, I am fortunate enough to have no debt. I will be inheriting a car as well, a very gently used 2009 Corolla with only 70k miles on it that was “maintained religiously” by my deceased father, and I have no intention of selling it or upgrading. I didn’t grow up with much money so I’m a bit of a miserly one to begin with. What are some options I might want to be looking at for safe, long term investments and savings? CDs with my credit union don’t exactly have great interest rates. (less than 1%) I also live in California if that makes any sort of difference.
Submitted May 17, 2018 at 03:37AM by FicusRobtusa https://ift.tt/2GraxgV
