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Reply to "Best use for 1.6 million inheritance "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Don't pay down your house, you're likely getting negative interest on that. You are paying the bank less than it is appreciating. The money is better spent elsewhere. I'd buy a second home, buy land, or ask a financial advisor to point me towards inflation proof investments. [/quote] That financial advisor will tell them not to buy land. Yikes.[/quote] I'm surprised. If you can pay cash for it? Real assets are better protected against inflation. The housing market is scary. But population is growing and people will eventually need to go somewhere... You really think something like this is a bad investment? Just picking a random link, no knowledge about this particular area: https://www.landwatch.com/pittsylvania-county-virginia-recreational-property-for-sale/pid/411488130[/quote]
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