My fiancé and I invested in a small startup about five years ago and are about to get a $300,000 pay out (after taxes). What would you do with an extra $300k? (We have no debt, have sufficient savings and own a home already so the basics are covered.)

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All in GME!

funnylikesmart

Lol, I did the same thing. Made money on the way up and on the way back down. IV is crap now so not worth it anymore, unless you want to risk picking it back up for ~50 (I don't).

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The bigger question is, why she still your fiance after 5 years?! If you ain't happy or ain't sure, move on p1, life's true happiness comes from people and relationships

likefunny

Just looked at the numbers. Wow. Shouldn’t have gotten married! Jk Honestly it all depends. Sounds like you’ve done the homework and makes financial sense. Good luck!

Recent IconRecent

Buy a multi-family, hire a property management company and sit back and make 8-15% annually when the market crashes in the next two years. Cash flow!

likesmart

Buy the QYLD dividend get 10% cash flow too

If you’re thinking of starting a family at some point and you have your basics covered then put it into a simple index fund and save it for college. By the time the kid is 18, if you can afford their college out of pocket, give them control of the funds once they graduate and they can put it towards a house or something. Building generational wealth is the key!

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Correct, as it requires name and SSN. And like all investments, earlier the better.

Buy bitcoin (serious answer)

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I am 90% sure OP didn’t buy Bitcoin but if he/she did would have been up 100k today.

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Give it to charity.

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Whilst I like donating, the question is - what is the best utility?

You can give the money to a charity today or you can invest and when you die give the extra money to charity then. This is my plan.

Buy land

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Pay off the home?

helpfulfunny

Interest rates are so low! We just bought a new home - $1.5m 30 year fixed mortgage at 2.375%. It’s a joke!

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Depends on your goals. Invest in other start ups. Buy Ark ETFs

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Agree with PMM1. I’ve been hearing so much buzz around SPAC and electric cars but I think the key is to diversify as much as possible. Still don’t get the SPAC blowup all of a sudden.

A once-in-a-lifetime vacation once I feel safe traveling, then I’d probably buy a vacation property that I can rent out.

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Serious answer: open a brokerage account and invest it so it continues to increase over your lifetime.

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Bruh did u read the thread

likefunny

Invest in a prenuptial agreement (serious answer)

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Put it in the bank and wait for a big stock market pullback (at least 20%) or a cryptocurrency crash (at least 50%) and then buy low.

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Maybe take 1/2 and buy a rental property and since you’re a good startup picker fund three more with the other half!

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Buy a bunch of land

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Crypto!!!

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If you don't have any crypto in your portfolio, this is great time to diversify into BTC and ETH at least. Use coinbase. You can also earn good interest in Cryptocurrency with some risks on platform like Blockfi

Can I ask how you found the startup? Looking to diversify investments in the form of stock/llc interests.

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God bless. Good for you guys.

Invest directly with vanguard

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Buy a property in Central America

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Or Turkey. $250k gets you citizenship automatically

helpful

Invest in other startups ...
What was the multiplier for your investment? If you don’t mind sharing.

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