Hi 🐟 , inherited a $750k trust. What should I do with it? Existing PWM firm is so stagnant.

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

Wish I had those problems! Congrats.

like

Are you able to tell the trustee what to do with the money? If so, come up with a good long-term investment strategy, and then enjoy the additional safety net/boost to your nest egg. 750k is not enough to retire on

like
Recent IconRecent

Give it to me

like

Why waste 100k that way man? 5k won't give you anything and you throw away a lot of money

like

Bet it all on red

like

Pay off my student loans? Drop a burner if you're interested.

like

Take 100k and invest in startups via AngelList with no more than 5k per deal, study each deal to learn.

like

Marry me?

like

Index funds

like

My condolences on your loss. If you don't have any immediate needs, invest the money in some low cost index funds that correspond with your risk tolerance. Given the size of your investment it would probably worth talking to a financial advisor (be sure that's its not some broker or sales rep and instead they have a fiduciary responsibility - NAFPA is prolly a good place to start looking)

like

Buy pot

like

Be conservative with it. Put 2/3 in equity funds and 1/3 in cash or bonds. Always good to have a safety net and a small stream of passive income.

like

Don't be in a hurry. Let it be stagnant while you school yourself on investing and money management.

like

SM 1 are you staffing?

like

Pet pony?

like

Index funds

like

Hookers and blow

like

Interested in SM1 project team :)

like

Buy a condo and then quit your job

like

Go all in on Bitcoin/Litecoin/Etherium etc. double your money by 2020.

like

Related Posts

Where to buy a 3 bed flat in London on a budget of £500-600k for max growth opportunities in the future? ~1000sqft, (share of freehold) or long lease, close to Crossrail. Or is it best to wait it out?

Have about $15-20k to invest. Want to mix it up between short term and long term investments. Any ideas or opinions where should i put it?

like

Anyone feel a 6 month safety net isn’t adequate enough for the recession we’re going through? I just fully funded my 6 month goal and need to figure out how much I contribute to 401k

likefunny

LCSW 50k loan repayment- Has anyone been granted a contract through the National Health Service Corps Loan Repayment Program? I’m interested in applying for the 2 years of full time work as an LCSW but my loans are a bit under 50k so I’m wondering if they would only give me what I need to clear my loans or would I still get 50k as long as I complete my contract ?

What is the best way to look at historical PE investments? I am hoping to discover new PE firms for networking / sales purposes. Potentially a website specifically that tracks announced PE deals. Thank you!

like

Is it possible to apply for a home loan in the US for a property in India?

4th year associate, 200k student loans—think I’ll be able to get a mortgage even with loans? Looking at a place for 450k. I have 3.5 years public interest work that counts towards PLSF and I plan on going back to government so I really don’t care to pay it down.

like

Personal finance book recommendations?

like

I’m seeing lots of posts about really bad losses. If you trade you’re going to lose money - hopefully not all the time, but many positions will be mistakes. But you need a process to find ideas and manage positions. Two books you should read are “The New Trading for a Livinng” and “The Laws of Trading.” Both look at psychology, process, and risk in different ways that can help you work out your own process. The next 18 months will be much harder than the last 18 - time to start learning.

likehelpful

Looking into credit card, most likely between emirates nbd Bonvoy card or the Emirates offering. Anything better out there? What has been your experience. My understanding is you can convert the emirates points to Bonvoy? Not sure if the same works Bonvoy —> emirates.

I only have Reg left. I failed it once before. For those who have passed Reg what were some of things you focused on? Also if you have any study tips I would really appreciate it, tax has never come naturally to me.

like

Hi fishes, could any one help me on how to withdraw of money and how much can be withdrawn ?

like

Planning to buy home. What are the legal services i can enlist from hyatt legal. Do they cover title check, contract review. Trying to see how much legal expenses i can save by using hyatt legal.

like

Hi guys! Looking to learn about real estate investing! I am a senior in college graduating with a degree in finance so I understand certain aspects, but am looking to learn more on my own about real estate specifically!

What books would you recommend I read?

like
like

When selling a home have been able to negotiate lower commission with your broker if the buyer is not represented by a realtor (eg, 3% in this situation versus still paying the full 6%)?

At what income level should one be comfortable to spend 2400/mo on rent in HCOL? Assuming single, no kids, no debt or major expenses.

like

Coinbase Premium - is it worth it? How do you get it?

like

Which is your stock pick this week?
Serious answers only!

like

If anyone is interested in investing in crypto, I’m running a kickback campaign on Vauld, where both, you and I can reap benefits. You could also FD your crypto investments at interest rates as high as 12.68% for a few tokens.

Comment here or DM me personally if interested to talk further. Note that this crash is a great opportunity to enter. 😊

More Posts

I hold offers from Walmart (SDE3) and VMware ( MTS3)
Can anyone please suggest joining which one would be better decision??

like

What are the perks and benefits offered at Autodesk India, Bangalore office. Do we get free food, outings, hotel stays, coupons, etc.😃

like

What is avg salary Autodesk in Pune, for 10yoe??

like

Moving into a new apartment after the holidays. How much should I tip my super and doorman upon my arrival?

like
likehelpful

I was recently interviewed by Hexaware. How much notice period is acceptable by Hexaware ?

Im looking for technician role in the healthcare environment with better compensation, I’m currently a Senior Technician working for Stryker in the robotics department for over 2 years. Are there any good job opportunities?

Hey friends we’re going to have our FIRST MEET UP this Sunday at Coronado beach.🏝️🙋

Friends, business, Tech, sunset and good vibes. We already have 12 people registered in whatsapp.

Like and comment to send you the link of the group. ⬇️

like

I have submitted all the documents for pwc mumbai this Monday and today is Friday. Not recieved any call from HR till now? Anyone knows how much time it will take?

like

Have you ever been told off by an older attorney of color? We have one Black partner at our firm and in conversation with him this morning he told me I should work on sounding and looking "more professional" and not let my "tone" or "bad attitude" get in the way. I don't think I've ever had a bad attitude at work, and whatever "tone" I'm speaking in it's my normal one. As a Black woman I just feel super weird about it and kind of sad.

like

What's everyone doing during the snow storm?

Ally bank dropping rates again. CD a good choice?

What’s your target retirement number and at what age do you plan to retire?
Of course I know it depends on a wide range of factors, but I’m curious to get a sample from this group.
Mine is $5M at 55.

like

Hi Friends,
Just wondering in the Netherlands how is LoonZorg for expat insurance? The deal seems too good to be true as the premiums are a fair bit lower compared to other providers.

Thanks!

like
likesmart

Locums-are you flying or driving to assignments? If flying, how are you dealing with flight changes?

like

What are some interesting non-tech/insurance/advertising/consulting careers where data science is applied? Thinking of epidemiology and economics

like

Going through first full cycle with EY as Advisory PI Manager in Tier 2 city.

What in your experience is average raise for high performer vs meets expectations?

like

Google L6 S&O in Boston/Seattle/DC. 9 YOE + MBA.
Base: 218k
Bonus: 20%
Equity: 270k over 4 years
Sign-on: 25k

Good offer?

likehelpful

Additional Posts in Consulting

When buying an engagement ring can you negotiate on the price if you buy it from a diamond distributor as opposed to buying it from Jared?

like

Any delta 🐠 willing to donate some miles .

likefunny

Recommendations on emotional intelligence/leadership books, trainings, classes, coaches?

like

Any recommendations on books to get up to speed on leading/managing teams as a new manager in consulting? Preference towards tangible case studies etc. vs. high level concepts.

like

Any audio book recommendations to listen to when backpacking / vacationing?

like

Planning to do a PRM or FRM qual. How useful is it to move from Big 4 Risk and reg consulting to industry? Finding it hard to get anything other than non-PM roles

like

Looking for some material for a crash course in IT strategy consulting - books article etc. any recommendations would be appreciated

like

Bain fish, does anyone know how utilization in North America is trending for this year?

like

What are the best consulting companies in the US focused on Sustainability, either Strategy or Ops?

likefunny

Lets get a like for everyone whose drunk. AMERICAAAAA!

likefunnyuplifting

Dearest Fish Friends - I need your collective travel wisdom. What’s the best (most effective) way to acquire 120,000 Delta SkyMiles? My wife and I need 280K to purchase Italy tickets and we have 160K currently 🙏🏻 TiA

funnylike

How wasy/hard is to make the transition towards IB? How do you go about into looking for opportunities if it self-initiated? Hire a head-hunter?

like

Notice there are so many people with debate experience in consulting. Kinda impressed. Any highly recommended books related to debate or communication in general?

like

Has anyone put in papers and the firm tried or put in some effort to keep them?

like

5 days to spend in Greece on honeymoon. Is all 5 in Santorini too much? Didn't think much of Athens when there and don't want to island hop if it's all generally the same.

like

What are your expenses/time horror stories? Has anyone gotten fired in relation to expenses? Compensation withheld?

Thoughts on transaction advisory or MC in the advisory arm of the national accounting firms. Thinking Grant Thornton, BDO, others in that category. Can a director make MD quicker. How’s the talent

like

anyone leave consulting to do something radically different and loved it?

like

Can someone explain American EQM to me? I feel so dumb not understanding it lol

like

What are some of the best consulting firms for a software engineer? Is MBB still considered elite in this area too?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal