My Dad's life insurance, 100k, has come in, his cars and boat will be another >150k in half a year or so. I won't be selling his house for at least a couple years. My lawyer suggests I search for an investment advisor or look into rental property. I have next to 0 knowledge about personal finance, so I thought it wouldn't hurt to ask here!
Investment advisor seems like the go to decision, based on the little that I do know. And then there's rental property, which sounds like a risky investment. My Dad and I shared a huge car hobby, but those are almost never a feasible investment. Please lend me any advice or suggestions. I really appreciate it.
Edit: Thank you, first few commenters. A lot I need to be looking into now. I was originally thinking finding an investment advisor would be my best bet, but it hasn't been mentioned in the comments yet. Makes me think it wouldn't be a good idea?
Submitted July 20, 2022 at 02:30AM by Objective_Drawer6297 https://ift.tt/ZsUSIDm