Ladies - I'm in my early 30s and am about to sell an investment that will give me $160k cash. How old/what stage of life were you in when you first saw a 6 figure amount in your bank account (vs retirement account)? I am currently single with no kids and realizing that there are so many things I can do with this type of money. It's almost a bit daunting. I do plan to invest in real estate but want to wait to see what happens with the recession. Any general words of wisdom or advice? TIA

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Reinvest it and see how much more surprised you will be in a few years time. Also remember to take some to live in the present and enjoy life. I love this for you!

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Congratulations! Yes, always pay yourself first! I was in my late 20's. Exited the military and consulted with the DOD and private industry doing the same work, extremely lucrative. Aggressive saver (paying myself first). Not giving any stock advice but higher risk higher reward, get in get out...if you are considering real estate, look into apartment REITS and iShare Bonds for long-term strategy.

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Definitely invest some and see if you can set yourself up permanently! And yeah, use a little to celebrate and do something for yourself! Congrats girl!

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Congrats! I was in my mid 20s. Is the investment you’re selling real estate? If so you can do a 1031 exchange

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It is but I've owned for 6 yrs so dont need to do a 1031 exchange thankfully.

Thanks all! Any specific guidance on types of investments to make/where to hold the money - if I plan to buy an investment property one year from now?

Wow, that is amazing. I am super jealous.

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