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/biz/ - Business & Finance

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29956772 No.29956772 [Reply] [Original]

I hope this does not sound too autismo but I have a question regarding finance.


My girlfriend of three years has been offered, by her parents, a down-payment and co-sign of a $700,000 or less property. She has asked that I contribute my savings, roughly $15,000, and pay rent once I start working full time. This property is to be considered solely hers and if we broke up I would not be entitled to any refund of monies spent. My girlfriend also plans on quitting work once I enter the job force.


I have an undergraduate degree and am currently in my second of three years studying law at a mid-tier university, have average marks, and no job experience. I do, however, have an inheritance of $100,000 that I am going to receive next month. My girlfriend knows that I am going to receive an inheritance but my family has specifically asked me not to mention how much it will be, so I haven't.


My question is this... Should I contribute the $100,000 and ask for partial ownership of the property or should I place the money into an index fund?

>> No.29956810

me on the left plate

>> No.29956829

absolutely not when you break up in 2-5 years youll lose everything you put in

>> No.29956916

>>29956772
Depending on your national laws, you could buy in, stay in the relationship a certain time (2 years mostly) then break up and take half her shit.

Also sign a contract so she has to buy you out, girls will dump people over anything, and if she gets paid 15k to dump you, she fucking will

>> No.29956930
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29956930

>>29956829
Yeahhh, on the face of it I can lose my full $15K if the relationship fails tomorrow but if it lasts another two years, I have guaranteed accommodation, and do not have to stress about working whilst studying.


What sort of things should I place my money into? I know very little about finance, haha. It is honestly really embarrassing how little I know. My only reason for wanting to contribute the $100K is that it would make the interest on the total loan lower over the duration of the 30 year period.

She has paid rent for the last two years and essentially funded my lifestyle.

>> No.29956934

>>29956772
Lmfao you'll be the biggest cuck on biz if you give her money to take dicks while your at work/school all day.

>> No.29956985

>>29956772

I hope this is LARP because that's a terrible deal. You might as well hand her your manhood because you're not in control of that relationship

>> No.29957005

>>29956930
post in the other thread you made you dumb faggot nigger

>> No.29957010

>>29956772
why did u make a new thread u fucking tard

>> No.29957027

>>29956930
>guaranteed accommodation
>paying rent

pick one, retard

>> No.29957097

>>29956930
>lowest interest rates in recent years

yeah this sounds retarded

stop trying to convince yourself

>> No.29957104

>>29956930
Put the 115k into something stable, then once you get a job you can have a good deposit on your own house and easily pay the mortgage

>> No.29957109

>>29956772
>>29956930
why on earth would you pay $15000 upfront and STILL pay rent. it makes no sense and just sounds like you're getting jewed out of money maliciously.

>> No.29957192

>>29957109
he pays 15k into the landlords house, and then it's all gone, he can't get it back and still has to pay rent lmao

>> No.29957240

>>29956772
>property is solely hers
>"contribute" 15k savings
what are you even paying the 15k for, then?

>> No.29957254

>>29956772
Please hire a cpa

>> No.29957417

>>29956772
>paying for a house but not getting partial ownership of said house
nigger how hard were you dropped on your head?

>> No.29957499

>>29956772
Shit larp. You're girlfriend wants you to pay rent on her already paid for property? You haven't had any human contact in years have you?

>> No.29957526
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29957526

you are blind
DONT DO IT

>> No.29957570

>>29956772
The 15k is whatever,
Don't give her the 100k unless you want to fight her in court when you break up.

Put the 100k in an ETF, I recommend Vanguard US Market but you really can't go wrong with any region's stock market ETF.

I recommend you put 10k in DOT as well and 10 years from now you may be extremely rich.