Hello!
First time poster in this sub. Obligatory “I’m on mobile so formatting could be weird.”
My great aunt passed away last July and she left her estate to my mother, my siblings, and myself.
We are finally finishing up the loose ends that have been stopping us from getting the inheritance. Such as closing on her house.
My sister was told a number from my great aunt’s brother, who has been handling all of the lawyers and what not, that we all should be getting.
She told me and it’s a decent chunk of money.
As a college student, my first instinct was “Hey I could pay off some student loans” but this chunk would only put a dent in them, and I already don’t have to touch those until I graduate.
So, plan B. Take most of the chunk of money, 95-90% of it and throw it in a mutual fund and then add 10-20% of my paycheck into it every month.
However I know basically nothing about mutual funds. My personal finance teacher taught us a lot about them but this was well over a year ago.
I’ve been looking at HSA ones, through my bank, but I don’t know if there is a good place to look for them outside of this or not.
Any help will be appreciated!
TL;DR Inheritance is a decent chunk of money and I want to put it into a mutual fund. Don’t know where to start looking.
Submitted January 15, 2019 at 01:53PM by Rushrow http://bit.ly/2FCFDVV
