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re: Best way to invest $60,000?

Posted on 8/24/16 at 9:43 am to
Posted by StringedInstruments
Member since Oct 2013
18562 posts
Posted on 8/24/16 at 9:43 am to
quote:


Btw StringedInstruments, with all due respect, you don't "find yourself" on a luxury European vacation like you are expecting. I'm just saying. Those kinda vacations will tend to be inexpensive ones.


Never said it was about finding himself. Just that it was a unique opportunity to have a big time experience as a single guy going wherever the hell he wants to go and do whatever he wants to do.

And the $10k was arbitrary, right? He could spend whatever amount he wanted.

Point is that people often have two regrets about their twenties: 1) they didn't do more to advance their career and secure their finances for the future and 2) they didn't take advantage of being single, no kids, and less financial responsibility and go have fun.

He has the opportunity to do both. Have $50k in savings (in addition to his Roth) and go do something spectacular that costs money.
Posted by AmeriKop45
Coach, Wing Tip Seat
Member since Jan 2016
2102 posts
Posted on 8/24/16 at 9:45 am to
I agree with you 100%. I am just saying, doing something spectacular does not need to cost a lot of money. If you are older than I am, look back in your life and you will realize the best memories of your life were the ones that did not cost a lot of money. I already do.

I'm not saying don't do the fun things now. I am saying - do what you could afford to do with your continuous cash flow and not on one time income.
This post was edited on 8/24/16 at 9:48 am
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