If you had a large sum of money in the bank what would you do with it?

Depends on the sum. Some banks have safe investments that earn a certain %, and it’s a set guaranteed rate.

If you have enough, those safe investments could carry you in perpetuity, though you would need to shuffle money as the percent might change. Also, I’d limit each to the max that is protected, which in the Us, each account is guaranteed up to $250,000 per fdic bank.

So if you found a few banks with 5% guaranteed investment, well, that could be $5000 a year per 100,000 in the bank.

I personally don’t need more than 15,000 to live, annually, so something like this would work for me if I had that amount. The banks in America are quite good for that, at least.

Just be mindful of inflation, when planning that. It’s “safe”...

If you have a lot of free time, that definitely changes what I’d hypothesise. If you have good and fast internet, that even more so alters what I would hypothesise would be beneficial.

But also realise, risky investments carry massive risk.

If you inherited a million dollars, a five percent investment that you don’t touch for several years will turn out very nicely and can help offset a bit of the inflation..

If you are bored day to day, you could take up trading and manage a small % of those funds until you are comfortable with your trading strategy (while keeping the bulk in some semblance of an investment that is without or with minimal risk.)...

If you intend to stay and are located in the USA, there are certain highly sought after mutual funds that you might put a small amount of your inheritance into, such as 5-10%, that could build quite quickly, such as blue chip type...

I won’t get into specific funds, and I have no skin in the game. I left America, and cannot even buy those funds for myself, though could in theory set up a trust of such fund for a family member. Probably. I think.

I am not a financial advisor. I recommend if you are interested in doing your own trading and day trading to go through something educational first. There are certain websites I liked for learning how to trade, that are invaluable...from there it’s just a bit of experimentation.


Safest route is the highest %, of a guaranteed interest*, invested in chunks of <$250k, one chunk per fdic bank.

An aside, Unless you are incredibly risk tolerant and are okay with riding out the dips, never risk more than 3% in any individual high risk investment category.

Just curious what you would spend a large some of money on right now. With the way things are going I assume the value of a dollar will be falling pretty soon. So if you had a large sum sitting in an account somewhere, what would you do with it? I'm not talking about enough to buy a decent amount of land. Just enough to buy a new car with cash.

Put it in gold and/or silver?

Buy something to have fun in these last years of semi normalcy?

Put it all in crypto and cross your fingers that it doesn't bottom out?

What?

I would buy things that could be used as currency no matter how hard the SHTF.

Coffee
Tobacco
Ammunition

Two chicks at the same time.

What if you already live in the perfect area?

You should have a large sum of money in the bank, for emergencies...and an investment portfolio...Unless you want to be a poor person...

Just curious what you would spend a large some of money on right now. With the way things are going I assume the value of a dollar will be falling pretty soon. So if you had a large sum sitting in an account somewhere, what would you do with it? I'm not talking about enough to buy a decent amount of land. Just enough to buy a new car with cash.

Put it in gold and/or silver?

Buy something to have fun in these last years of semi normalcy?

Put it all in crypto and cross your fingers that it doesn't bottom out?

What?

Very good!

It may not be an original theory but it's not plagiarized...

Just curious what you would spend a large some of money on right now. With the way things are going I assume the value of a dollar will be falling pretty soon. So if you had a large sum sitting in an account somewhere, what would you do with it? I'm not talking about enough to buy a decent amount of land. Just enough to buy a new car with cash.

Put it in gold and/or silver?

Buy something to have fun in these last years of semi normalcy?

Put it all in crypto and cross your fingers that it doesn't bottom out?

What?

Two chicks at the same time.

wouldn't it stale the experience knowin they're only naked wid you for ca$h?

tryin to understand the psychology of hittin hoz

Wait until the markets come down then buy in on dividend / interest bearing instruments.

Land with water.

Pay in full and pre pay a few years of taxes.

Just curious what you would spend a large some of money on right now. With the way things are going I assume the value of a dollar will be falling pretty soon. So if you had a large sum sitting in an account somewhere, what would you do with it? I'm not talking about enough to buy a decent amount of land. Just enough to buy a new car with cash.

Put it in gold and/or silver?

Buy something to have fun in these last years of semi normalcy?

Put it all in crypto and cross your fingers that it doesn't bottom out?

What?

Buy DOGE!!!!!!