Started By
Message

re: What to do w/ $500,000

Posted on 2/7/24 at 7:24 am to
Posted by lynxcat
Member since Jan 2008
24213 posts
Posted on 2/7/24 at 7:24 am to
quote:

You should get a financial advisor. Random internet people aren't going to give you the advice you really need.


Then why even post? It’s a message board for exactly this kind of question. And…there are numerous FAs that frequent. MTB is full of tremendous resources and it’s been proven for years on basically any financial topic.
Posted by Mohican
Member since Nov 2012
6179 posts
Posted on 2/7/24 at 7:35 am to
quote:

Then why even post? It’s a message board for exactly this kind of question. And…there are numerous FAs that frequent. MTB is full of tremendous resources and it’s been proven for years on basically any financial topic.



Might be a dumb question, but I’ll be in a similar position as the OP soon.

Is a FA recommended for pretty much any time you receive a lump sum like this? What if you have some basic knowledge?


Posted by ApisMellifera
SWLA
Member since Apr 2023
276 posts
Posted on 2/7/24 at 7:51 am to
quote:

Then why even post?


Because people frequent this website so often that some get trapped into a mindset thinking that a quick question on the MTB is a good substitute for advice from a good FA.

quote:

It’s a message board for exactly this kind of question.


He asked the question and I gave an answer.

quote:

And…there are numerous FAs that frequent.


That is great and all but everyone has a unique situation and you can only gather so much information about somebody on a message board. As a CPA, I usually shy away from the posts asking tax questions because there are very few questions that have clear cut answers that apply to everyone.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram