/biz/ - Business & Finance

If you came across an unexpected windfall of $300,000 USD... Anonymous Sun Jul 21 13:38:53 2019 No.14906481 [View]
File: 245 KB, 699x499, compound.png [View same] [iqdb] [saucenao] [google]

Hypothetically, say you are a 26-year-old male in North America, working at a high-stress, high-pay (but unfulfilling) job. If you came across an unexpected windfall of $300,000 USD, would you:

A) Pretend nothing happened, keep working at the high pay/stress job and just let the money grow by adding to it. Maybe retire a few years earlier than normal, but no change to lifestyle.

B) NEET it up. Move to a LCOL place and just live off the interest (around $12,000 USD a year with a safe withdrawal weight of 4%). Pursue low cost hobbies/interests/entrepreneurship/sports/volunteering whatever.

C) Do a combination of A) and B). Take a part time barista-esque job for 10-15 hours a week that is low-stress to pay some of the bills, letting the windfall compound over time.

Thoughts /biz/? What would you do?

Advanced search
Text to find
Subject [?]Search by post subject. Leave empty for any.
Username [?]Search for user name. Leave empty for any user name.
Tripcode [?]Search for tripcode. Leave empty for any.
Email [?]Search by email. Leave empty for any.
Filename [?]Search by image filename. Leave empty for any.
From Date [?]Enter what date to start searching from. Format is YYYY-MM-DD
To Date [?]Enter what date to start searching until. Format is YYYY-MM-DD
Image hash
Search in	All Posts OPs Only
Deleted posts	Show all posts Show only deleted posts Only show non-deleted posts
Internal posts	Show all posts Show only internal posts Show only archived posts
Order	New posts first Old posts first
Capcode	All Posts Only by Users Only by Mods Only by Admins Only by Developers
Results	Posts Threads
Action	[ Simple ]

Navigation
View posts	[+24]	[+48]	[+96]

/biz/ - Business & Finance

Search: