{ "media_type": "text", "post_content": "So I’ll be receiving a ~120k USD lump sum next spring. If you were in my shoes, would you:\n\nA) Purchase a ~350K home (in Orlando) with 20% down. Remaining 50k in stock market\nB) Just DCA it all into market \n\nFurther context: Will likely be at grad school for 1.5-2 years following that. Will have an income from scholarship stipend but it'll only cover expenses. Also unsure how that'd work with mortage application if I don't have an ability to provide proof of income.", "post_id": "61752e8b7f97320039d928c2", "reply_count": 21, "vote_count": 5, "bowl_id": "59064a3cb12379001006592c", "bowl_name": "Personal Investment Chatter" }

So I’ll be receiving a ~120k USD lump sum next spring. If you were in my shoes, would you: A) Purchase a ~350K home (in Orlando) with 20% down. Remaining 50k in stock market B) Just DCA it all into market Further context: Will likely be at grad school for 1.5-2 years following that. Will have an income from scholarship stipend but it'll only cover expenses. Also unsure how that'd work with mortage application if I don't have an ability to provide proof of income.

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Invest in bitcoin and sit back and watch your money work for you

likefunny

Is grad school in Orlando? Will you want to continue to live and work in Orlando post grad school? These are some things to consider before buying a house. If you don't know where you'll end up then hold off on purchasing a house. How are you paying for tuition?

likesmart

No, do not buy a home you don’t plan to live in.

id rather fling myself off a cliff than buy a house in orlando

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So my main goal here is just to diversify my portfolio a bit from the stock market .. I guess investing in a REIT would serve the same purpose? Any potential pitfalls there?

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Feel free to elaborate on why they “suck” and how I can do better? Seems like the main disadvantage of a REIT vs. owning a real property is on the tax side.

Tax free?

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Recipients don’t pay gift tax

likesmart

Is it a gift or inheritance? Depending on the application of tax, the rev changes. I’m not one for houses, esp if you’re doing grad school. Sounds like it’s not MBA, but unless you’re going to live by the school the purchase doesn’t make sense. For 2, I wouldn’t DCA. I’d just drop it all in. It’ll go up and down maybe, but all-in time over a few years is better than DCA…especially if it’s inherited Roth dollars that don’t need to be cashed out for a long time.

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House for sure!! Best investment that you get to start using and enjoying right away

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No, he or she isn’t planning on living there.

Don’t be putting a large down payment down if interest rates are still low - you’re better off having that $ make you $ to pay off mortgage payments

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Rental properties require 25-30-%+ down. 20% is conventional if you live there. Good luck

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Hello Everyone , kindly like this post as I'm writing to increase my points and seek referrals.

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