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Post by klandersen on Jul 18, 2019 18:22:13 GMT
When my mom died I did inherit some money. It was not a fortune. I put it in a bank account and over several years it served as a financial cushion for emergency spending. It is pretty much spent now. Did you space out the deposits and keep them under a certain amount? No I just put them in an account that bears some interest. I should have invested some of it into stocks and try to build upon it, but that would have required constant watching of the market. If you make a bad decision in the stock market losing a lot of money is worse than just gradually spending it all. Either way it wasn't life altering and wasn't even close to even thinking it could have been. Not one of those fantasy stories where your parents have a secret mega fortune squirreled away.
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