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Just inherited $1.3 mil. What do I do now?
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Date: June 29th, 2012 4:35 PM Author: buff coiffed sweet tailpipe Long story short, my dad passed (long time coming). I generally hate law school and wondering if I should drop out. Wife and baby. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985132) |
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Date: June 29th, 2012 4:35 PM Author: elite boltzmann school rank? (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985138) |
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Date: June 29th, 2012 4:37 PM Author: buff coiffed sweet tailpipe Non 14 tier one. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985151) |
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Date: June 29th, 2012 5:01 PM Author: Disgusting Flatulent Ticket Booth Take your $58,500/year in perpetuity and never work another day in your life. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985287) |
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Date: June 29th, 2012 5:33 PM Author: nofapping fiercely-loyal indian lodge *inflation does not exist*
He needs to work until that is more like $3-5 million if he wants normal middle class shit. Unless he's an minimalist, in which case that's all good. |
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Date: June 29th, 2012 5:54 PM Author: Mint area gunner Finish law school and use some money to get you through lean times while you start PI firm. Just run advertising and bring in clients then refer/cocounsel with a good trial lawyer, wait around for your cut (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985624) |
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Date: June 29th, 2012 11:15 PM Author: Talking Blood Rage Mad Cow Disease yeah totally bro! $5 million net worth is totes middle class!
(a faggot) |
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Date: June 29th, 2012 6:12 PM Author: Pea-brained jet hell dysfunction gimme some man (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985727) |
Date: June 29th, 2012 4:36 PM Author: buff coiffed sweet tailpipe Oh yeah, I'm a rising 2L. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985141) |
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Date: June 29th, 2012 4:36 PM Author: Avocado trip wagecucks famous landscape painting Retire in a low-COL area (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985142) |
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Date: June 29th, 2012 4:39 PM Author: buff coiffed sweet tailpipe Appealing but I'm def not going to retire. I'm only in my 20s. I'd get bored. I'd retire if I could golf everyday but I don't think 1.3 mil is enough to do that everyday for the rest of my life. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985164) |
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Date: June 29th, 2012 4:44 PM Author: Avocado trip wagecucks famous landscape painting The only thing you can imagine doing with your time as a young retiree is golfing? Look, retirement in youth is FREEDOM. Work if you want to, do what you want. Have you ever had a job? (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985189) |
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Date: June 29th, 2012 4:47 PM Author: buff coiffed sweet tailpipe Worked for a year before law school. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985201) |
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Date: June 29th, 2012 4:47 PM Author: Avocado trip wagecucks famous landscape painting Office job? (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985206) |
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Date: June 29th, 2012 4:39 PM Author: Topaz theatre work in a low COL area for a few years while the interest builds up first (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985166) |
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Date: June 29th, 2012 11:14 PM Author: Zippy orange queen of the night forum (retard) (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20987725) |
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Date: June 29th, 2012 4:37 PM Author: shivering tanning salon juggernaut Admit it. You killed that boomer. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985155) |
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Date: June 29th, 2012 4:41 PM Author: buff coiffed sweet tailpipe Not cool man. You're talking about my dead father. Still getting over it. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985174) |
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Date: June 29th, 2012 4:40 PM Author: Awkward property main people Finish law school, whilst taking out max loans. IBR when graduate and self-employ/start up biz.
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Date: June 29th, 2012 4:41 PM Author: Maize Thirsty Pit This is supasmart. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985177) |
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Date: June 29th, 2012 5:34 PM Author: nofapping fiercely-loyal indian lodge IBR doesn't take wealth into consideration? (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985480) |
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Date: June 29th, 2012 4:42 PM Author: Chocolate Jap become a teacher. good benefits, summers and weekends off, shitboomers have made sure you can't be fired. it's not a bad lifestyle if you don't have to live exclusively on the salary. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985182) |
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Date: June 29th, 2012 4:44 PM Author: Vibrant locale psychic Absolutely do not do this. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985191) |
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Date: June 29th, 2012 4:45 PM Author: Avocado trip wagecucks famous landscape painting (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985193) |
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Date: June 29th, 2012 4:44 PM Author: Carmine Doctorate fuck the OP, this is Romney's America.. u are a stupid entitled piece of shit
ur father was a dumbass.. i piss on his grave bro |
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Date: June 29th, 2012 4:45 PM Author: buff coiffed sweet tailpipe I wanna end up in cali. Do I buy dream house in cash or get a mortgage and invest the rest. For a guys whose dad was a corporate exec I know pretty much nothing about investing etc (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985195) |
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Date: June 29th, 2012 4:47 PM Author: Avocado trip wagecucks famous landscape painting Rather than getting a few half-comprehended possibly bogus answers here, educate yourself (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985204) |
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Date: June 29th, 2012 4:49 PM Author: Ivory pocket flask enjoy valencia, uncreative faggot (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985218) |
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Date: June 29th, 2012 5:55 PM Author: Mint area gunner uh mortgage obviously because 3% is free money. but without income I doubt you will get one. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985628) |
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Date: June 29th, 2012 4:46 PM Author: comical address faggotry babby* (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985200) |
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Date: June 29th, 2012 4:48 PM Author: cracking primrose field hairy legs 2 chicks at the same time (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985208) |
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Date: June 29th, 2012 4:49 PM Author: Ivory pocket flask (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985221) |
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Date: June 29th, 2012 4:52 PM Author: dark free-loading theater mediation (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985246) |
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Date: June 29th, 2012 4:54 PM Author: anal fuchsia senate national security agency (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985255) |
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Date: June 29th, 2012 5:07 PM Author: ruby mood ape (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985314) |
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Date: June 29th, 2012 11:14 PM Author: Zippy orange queen of the night forum (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20987726) |
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Date: June 29th, 2012 4:49 PM Author: bipolar ladyboy Listen you self entitled asshole. That money means nothing. You are fortunate enough to have some security. Work your ass off and invest that money for your kids and their kids (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985224) |
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Date: June 29th, 2012 5:19 PM Author: buff coiffed sweet tailpipe lol you mad bro? there's this little thing called a trust fund. trust me, there's plenty set aside for the grandkids. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985403) |
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Date: June 29th, 2012 5:23 PM Author: Ivory pocket flask don't make the same mistake your father made, leave them to pull themselves up by their own bootstraps. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985424) |
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Date: June 29th, 2012 5:24 PM Author: buff coiffed sweet tailpipe why? (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985430) |
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Date: June 29th, 2012 5:25 PM Author: Ivory pocket flask they'll grow stronger for it, even in the most averse circumstances (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985437) |
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Date: June 29th, 2012 5:32 PM Author: buff coiffed sweet tailpipe so your thesis is poor + strong > rich + not as strong? (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985472) |
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Date: June 29th, 2012 5:33 PM Author: Ivory pocket flask their empowerment will make them even richer in the long-run (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985476) |
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Date: June 29th, 2012 5:36 PM Author: nofapping fiercely-loyal indian lodge *finds the world juxtapositionally opposed to my desires* (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985490) |
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Date: June 29th, 2012 6:09 PM Author: bipolar ladyboy if this were true than you wouldn't be asking xo for financial advice over a mil (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985705) |
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Date: June 29th, 2012 6:14 PM Author: buff coiffed sweet tailpipe It's not really financial advice that I'm looking for. As stated previously, the main question is to drop out of law school or not (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985736) |
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Date: June 29th, 2012 6:15 PM Author: bipolar ladyboy haha you are such a fucking idiot (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985743) |
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Date: June 29th, 2012 5:00 PM Author: chestnut heady mental disorder Nothing. I'd do.....nothing. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985284) |
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Date: June 29th, 2012 5:02 PM Author: Disgusting Flatulent Ticket Booth Sweet, glorious nothing? (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985293) |
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Date: June 29th, 2012 5:23 PM Author: buff coiffed sweet tailpipe not really an option. i dont want my kids to never have seen their dad work. i was thinking more along the lines of buying 500k-ish home. Investing the rest. Taking a few years off. Then... I have no clue. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985419) |
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Date: June 29th, 2012 5:37 PM Author: contagious home really tough guy this is the worst of all possible plans
drop out of ls, invest the money conservatively to create a couple k a month you can count on no matter what, spend the next few years working in something low stress to let some interest accumulate and add on to the pile a bit, find chill low col area and buy a modest house and live the rest of your life doing wtf you want, be it working part time, all the time, or just playing golf (which can def be done if you aren't a snob about needing to be playing a pro level course) |
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Date: June 29th, 2012 5:53 PM Author: buff coiffed sweet tailpipe Sadly, I'm a golf course snob. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985618) |
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Date: June 29th, 2012 5:21 PM Author: Vermilion stirring son of senegal Taco Truck (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985415) |
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Date: June 29th, 2012 5:24 PM Author: buff coiffed sweet tailpipe I honestly have thought of doing this. I would love owning a small business. Any idea on how much a fairly successful taco truck makes? (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985427) |
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Date: June 29th, 2012 5:37 PM Author: contagious home really tough guy 15k a month for 6 months then nothing (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985501) |
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Date: June 29th, 2012 5:41 PM Author: buff coiffed sweet tailpipe i'm assuming that's gross revenues? (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985537) |
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Date: June 29th, 2012 5:38 PM Author: buff coiffed sweet tailpipe sooo.....drop out or not, that's the main question. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985505) |
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Date: June 29th, 2012 5:38 PM Author: contagious home really tough guy how much debt are you taking on for ls? (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985510) |
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Date: June 29th, 2012 5:42 PM Author: buff coiffed sweet tailpipe probably 50k by the time i finish (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985542) |
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Date: June 29th, 2012 5:44 PM Author: contagious home really tough guy that's not too bad, but I'd still drop out, you have a million better options open to you at this point, do fucking anything you want, you don't really need to make much money at all to still live comfortably, especially if your wife works at all (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985556) |
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Date: June 29th, 2012 5:52 PM Author: buff coiffed sweet tailpipe Thanks for the advice. That's honestly the way I'm leaning at this point. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985611) |
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Date: June 29th, 2012 5:39 PM Author: carnelian big house newt you suck my cock, boy (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985524) |
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Date: June 29th, 2012 5:44 PM Author: Motley Corner Flame
PayPal me $100 to prove it |
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Date: June 29th, 2012 5:57 PM Author: Mint area gunner after reading this thread, I don't think you appreciate how little $1.3M is in your 20s. It's not enough to retire. Besides, you'll go crazy from boredom. Use some of it as capital to do what you want to do, tuck the rest away and don't think of touching the principal. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985633) |
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Date: June 29th, 2012 6:04 PM Author: buff coiffed sweet tailpipe Read the tread bro. I already said that I dont want to retire and that I'd get bored. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985674) |
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Date: June 29th, 2012 5:57 PM Author: razzmatazz mischievous corn cake i would buy a house and rent out 2 rooms to friends and let that pay most of the mortgage. then i would try to work for the feds. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985638) |
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Date: June 29th, 2012 5:58 PM Author: Talented bat-shit-crazy organic girlfriend I would finish law school. Why the hell not? $50k isn't much and it will give you an advanced degree and a couple years to figure out what to do with yourself. (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20985643) |
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Date: June 29th, 2012 6:02 PM Author: Slate internet-worthy filthpig headpube Drop out for sure. Live cheap for a year or two, soul search, and just try to find something that you enjoy and try to turn that into a job over time.
Law is just grinding away doing shit work to try and achieve the level of security you already have. |
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Date: June 29th, 2012 11:10 PM Author: charismatic bat shit crazy cumskin step-uncle's house If you want to make money and you're smart: post-bacc -> medical school.
If you want to be comfortably middle class in flyover country: finish LS -> BIGFEDGOV or state gov. Legal job or not, it doesn't matter. |
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Date: June 29th, 2012 11:15 PM Author: embarrassed to the bone messiness bawdyhouse Why do you already have a kid if you're in your 20s (unless you mean 29)? (http://www.autoadmit.com/thread.php?thread_id=1982752&forum_id=2#20987739) |
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Date: June 29th, 2012 11:21 PM Author: Bossy turquoise bbw PAY MY LOANS
But srsly drop out unless u've got some amazing reason for continuing (tho that's my general advice to everyone not at YHSCCN) |