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re: Thoughts on what to do with unexpected tax return?

Posted on 11/18/16 at 10:41 am to
Posted by baldona
Florida
Member since Feb 2016
20514 posts
Posted on 11/18/16 at 10:41 am to
If you need the money available soon I definitely wouldn't buy a house. Even a flip you could get stuck with.

Honestly if you don't know what to do with it right now and you are set up pretty well, I'd just put it in a couple growth mutual funds or ETF's until you have a great use for it. You can always put Limit Orders on them so that if they go down by 5% or whatever they will sell to limit your losses short term.
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