I’m looking for advice/thoughts on what to do with an inheritance I have received of about $200,000.
I have approximately $50,000 of my own savings in addition. I don’t have debts other than student loans which hold a very low interest in Australia, so I’m not looking to pay them in full. I currently don’t own a home and have about $2000 invested in EFT stocks. I’m in secure employment. I have a partner with his own savings but I am excluding them from the discussion for now.
My current plan is to invest approximately $50,000 and use the rest towards purchasing a home, leaving myself with approximately $15,000 for emergencies. I am consider professional advice.
Any thoughts, opinions or ideas? I’m looking to make smart choices with this that will help provide for my future along with a potential nest egg for my own children one day (as a way of remembering the grandparent they didn’t have) but I am young and didn’t expect anything like this.
Submitted April 28, 2020 at 08:00PM by lachu93 https://ift.tt/2Sfh3Qy
