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| General Finance Discuss general personal finance issues and home accounting not covered on the other finance boards. |
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I'm sorry for your loss, especially at your age, but your wasting a good opportunity that he has left you. I hope you perserve what is left. Last edited by maat55; 05-07-2008 at 03:15 AM. |
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most peoples loose money in trading . so its better to invest money wisely in banks /mutual funds(where chances of loss is less) ..And you will feel bored by sitting at home all the time (trust me ) .. so better get a job and enjoy life .
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Although $50K is not a lot of money for Canada or US, you still have to do something with them (make them work for you) or they will be eaten by rapidly increasing inflation.
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I would suggest speaking with a few local advisors and discussing your situation. Find someone thats not going to make you a one stop customer looking for a high commission. Contact your locsal chamber of commerce for a referral if noone in your family has a relationship with a trusted advisor.
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Have you looked into financial advisors or any other assistance since this post?
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New graduate with an emphasis in debt counseling. |
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I would suggest continuing your education or putting this money towards some sort of savings (some of it needs to be toward a retirement fund). Putting that money into a fund now can mean great savings in the future! Good luck finding out what you want to do.
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