What to do with 200k ?

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  1. #1
    Marvelous's Avatar
    Marvelous is offline Senior Member
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    Question What to do with 200k ?

    So lets pretend I have suddenly come across $200K

    I'm a student, I would not have any type of experience in a situation like this. I would not know what to do with it. What would be a good thing to do? Obviously speak to a financial advisor of some sort, but from where? Chase? BoA? How do you know who to trust? For someone who doesn't have or never has seen this amount of money, there would be a lot of questions... a lot of unknown stuff to deal with.

    Of course the money would be legit and not illegal or anything...

    thoughts?
    amor fati

  2. #2
    PrettyBoy's Avatar
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    Invest in Nigeria.
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  3. #3
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    ^^lol
    "Know the difference between how much it costs and what it's worth" Warren Buffett
    "Many of life's failures are people who did not realize how close they were to success when they gave up".
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    lol. Makes sense! Nah, jk, but some legit genuine replies would be nice.
    amor fati

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    Most wealth management firms won't be clamoring to help you at $200K. First, open a brokerage account at Merrill, Schwab, TD Ameritrade, etc.
    David McMahon
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    Gold.
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  7. #7
    Grandpa Scott is offline Banned
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    Hookers and blow

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  8. #8
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    +1 nigeria
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  9. #9
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    buy robert himlers TTG
    dc350 and MRT like this.
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  10. #10
    Grandpa Scott is offline Banned
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    Quote Originally Posted by 04jagkid View Post
    buy robert himlers TTG
    Oh you must have thought this thread was titled "I have $200k and need to get butt raped while buying a car".
    Arthur likes this.

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