Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Coming into money"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]1. You do not need to hire anyone. 2. Just pay off whatever debt and then put the money in a total market index (like the VTSAX mentioned above). 3. Sleep well. 4. Profit.[/quote] Ugh. [b]No, do NOT put all your money in a total market index. You need some money in cash and some money in bonds, and then yes investments. That’s literally finance 101. 5-10% cash, 10-20% bonds (I’d don’t know how old you are, but this is appropriate for middle age). As you get older you want less exposure to the market.[/b] But the big take away is you need financial advice since you are crowd sourcing DCUM and also indicate you have no financial discipline.[/quote] Eh, I would say this if they didn't have any other money, but they do. - OR[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics