Sup fags. I just inherited 13.5k. How should I spend it? Thinking about starting a small business.
Sup fags. I just inherited 13.5k. How should I spend it? Thinking about starting a small business
Well, first of all, you should probably put aside 30% because they're going to tax the fuck out of it. Also, running your own business is extremely stressful and most close within a year. Good luck!
Do you have emergency savings set up? Do you have retirement plans? What are your investments? If you have none of those, set them up before you even think about running a business. 13.5k invested properly could set you up for comfortable living 40 years down the road if you're not a retard
buy guns and go shoot up a mosque and be a hreo for the white race.
JK. 13.5K isn't that much money, but it should be enough to start a small business.
>No wife
>No kids
Man, I wish I stumbled into 13k. I could live a comfy life for a while.
I'm 26. What is savings? Never heard of it lol. Naw I actually inherited 25. I put half away. The rest is mine. I'm thinking about a food truck. I'mma damn good cook.
I don't think I pay taxes on it. I'm pretty sure they handled it on their end. And they don't double dip on inheritances under 1 mil.
As long as they took it from their end. I won $5,000 in 2013 and they took $1,500 of it.
You should put %20 in a savings account to start.
Follow your bliss
Put 6k away for emergency. The other 6k into various investments in your portfolio.
The other 13k spend on business/food service training as well as your truck. You'll need a smart business partner. If for whatever reason it all fails, just take the loss instead of pouring ALL your savings into it.
Take 5 grand and get 50 really cheap hookers. Have them all fight in an arena to the death. The winner gets fucked and 5k.
Break up a kilo
Gonna say it now. Put half into saving. The other half invest into SRNE. That stock is gonna blow up soon, I’m talking about $10+ from what it’s at rn at $4
Don't listen to Reddit wall street advice.
Where do you live and what did you major in?
Study e-commerce
That would be a wise decision, OP.
Yeah do that or invest is cannabis biotech
Not an option. I living in fucking Alabama. -_- I had a 300 plant grow op in California but I had to move for personal reasons.
Finishing up a medical degree in two years. I'mma broke ass bitch right now. Thinking about buying a grip of grow stuff and doing an illegal grow and sell op. Fuck it. Why not. I miss growing and hash making so much. And I was good at it. People here won't know what to do with the weed I grow tbh. It'll sell for an insane amount.
Already bought myself a pound of herb and a couple slabs of wax for fun. I don't do any other drugs anymore.
I mean put some of your money into another company. There are lots of online brokerages to facilitate it. I have money in two clinical trial stage cannabis biotech stocks currently.