/biz/ - Business & Finance

>>	Anonymous Sun Jul 22 12:44:04 2018 No.10371738 [View] File: 16 KB, 125x125, 1315074280941.png [View same] [iqdb] [saucenao] [google] >>10371671 Much enlightening, thank you anon.

Anonymous Wed Feb 11 15:52:49 2015 No.646452 [View]
File: 16 KB, 125x125, 1286914583743.png [View same] [iqdb] [saucenao] [google]

I am 21 years old and still live at home in a government subsidized apartment in NYC. In a few weeks I will have $3.4 million (legally, not sure how much taxes will be but I think it'll be capital gains)

According to my mom, I need to move out since the sudden increase in income will cause our rent to increase since the rent is adjusted based on household income.

I'm planning on buying a $1 - $1.75 million apartment in brooklyn or manhattan since I can sell it later on if I decide to move though that may not happen for a while since I work here.

But should I rent instead? If I rent, I can put the money into various investments instead of spending half on a residence.

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/biz/ - Business & Finance

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