I’m 23 and my father put about $10,000 into a parental brokerage account when I was born and turned it over to me when I was 18. He hit big on a few stocks such as Apple, Facebook, and Netflix. It’s now worth over $215,000 and I know I want to be a business owner someday. Right now I plan on getting a regular job as I graduate in a few weeks and progressing in my field/obtaining a masters degree in coming years.
My question is, what’s the best thing to do with this money? I want to retire early and not be stuck in the rat race until I’m 60. I plan to retire well before then off passive income, hopefully in my 40s.
Should I sit on it and do nothing while working my 9-5 (adding to it of course) until I’m 40-45 and just retire, take it out and buy property, or start a business? Thanks for any input:)
Submitted December 09, 2020 at 07:06PM by Zranza https://ift.tt/341PHn4
