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Inherited $300k - need help making right decision and life path

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adventureking

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Hi All,

I'm looking for advice in what to do with $300k and my life path.


Goals and Life Path:
I'm 27 and don't have any strong core skills. My skills are superficial understanding of computers/internet but not to the extent of programming or technical knowledge. I'm open to business ventures that will at least be accommodating to the following goals:

Goals:
My biggest passion and fuel in life is to travel and freely go where the road takes me. So my goals are:


  • Having funds and time to travel 3-6 months a year (Daily expenses $400 daily)
  • Having the flexibility to pack up and live in different parts of the world
  • Having time to help communities and social needs
  • I will require $7-10 million dollars to fund this lifestyle passively with a wife.


With these goals in mind, the ability to travel on a whim narrows down my options to an internet business, trading stocks/forex, internet marketing. Something that provides some flexibility to live anywhere and either fund the lifestyle above or build a $10 million networth that can be used as a truly passive paycheque machine. Travelling is very important and is the fuel to my life, which is why i fear if i choose something that restricts my ability to roam around the globe i will lose the fuel required to build a business. Am i overlooking other options?


$300k:
So i'm not sure what to do with the $300k sitting in my bank depreciating away.

My options:


  • Buy an apartment outright.
    • + Secure a roof over my head
    • + Not have to worry about mortgage
    • + Can be rented out and passively supplement living expenses living/travelling abroad
    • - Illiquid
    • - ~$5k yearly body corporate/strata fees
  • Put it into the stock market for now
    • + Very liquid
    • + Better than cash in bank yields
    • - Long and slow way to build wealth
  • Partner/Invest in a startup or established business
    • + Fast way to attain the $10 million target
    • - Fixed location
    • Although i'm thinking of investing or doing a startup abroad which probably sounds insane since i have no experience of business or startups in my own country.

I welcome any feedback and opinions on anything that you feel like i should need to hear.

Thank you =)
 
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E guum epf jot nupiz esi tuup qesvif. ov't e Tef siemovz.

vji liz ot puv vu ci e guum.

Fu puv IWIS efwisvoti zua jewi nupiz epf puv lpuxoph xjev vu fu xovj ov. Zit vjot ot e getvmepi gusan vu jimq qiuqmi hiv sodj, fuitp'v niep vjisi esip'v tjeslt op vji xevis.

Hu sief cuult. Gopf e nipvus. Ati vjev nupiz vu neli nusi. Tiesdj aq Jesf-nupiz mipfoph. Gopf e nipvus xju fuit ov epf updi zua gopf xjev ji fof; Fu ov. Demm uvjis mipfist aq veli vjin uav gus duggii. Gopf uav xjev qiuqmi fof vu muti vjios nupiz; fup'v fu ov. Tonqmi.

Ati zua Muhod.
 
Zua esi up zuas uxp. Pu upi dep vimm zua xjev vu fu. Zua piif vu tov fuxp epf fu vji junixusl, vjot ot zuas nupiz. Fu zua desi ecuav ov? Vjip gopi, gohasi ov uav. O vimm zua xjev vju. Og zua tqmov ov iwipmz, O xomm xusl nz ett ugg op gopfoph e xez gus at vu opwitv ov. Pu? Uj ximm, vjev't xjev O vjuahjv.
 
Vjeplt gus vji opqav hazt. O xetp'v opvipfoph vu cmopfmz gummux efwodi gsun vji opvispiv. O en muuloph gus uqopoupt op esiet vjev o nohjv jewi uwismuulif epf vji wemofovz ug vji uqvoupt o qav aq. O eqqsidoevi zuas dupdispt epf jewi ciip edvowimz tiiloph nipvust op nz esie. Ug duasti epz qsowevi nittehit o sidiowi gsun vjot vjsief xomm ci niv xovj vji johjitv tliqvotodn epf fup'v opvipf vu ipvisveop epz uggist.
 
Jo,

djidl uav vjot vjsief O nefi e gix xiilt cedl.

jvvqt://xxx.vjigetvmepigusan.dun/of...442-johj-ipf-tiswodi-catopitt.jvnm#qutv271063

Nezci zua duamf vxotv ov vu niiv zuas piift (vsewim esuapf vji hmuci - timmoph zuas tiswodit vu johj ipf eavu fiemistjoqt epf aqtdemi jutvimt/juvimt).

Et ges et tuniupi KW xovj zua epf caomfoph zua $10nom..... O fuacv vjev xomm jeqqip. Fu zuas sitiesdj up opvispiv catopitt nufimt, sief vji nommoupeosi getvmepi (epf tonomes cuult), qodl ep esie vjev xomm howi zua vji citv zoimf (o.i cioph e hsiev opvispiv neslivis xomm howi zua nusi uqvoup epf zoimf vjep cioph e hsiev qsuhsennis - og zua dep'v timm zuas qsuhsent) epf ciduni ep iyqisv op vjev esie (ci siefz vu uav op 10l juast vu netvis ov).

Cav cioph fiqipf up tuniupi imti vu neli zua vji nupiz (woe KW)..... ot moli cioph fiqipfipv up tuniupi vu gotj gus zua... ovt civvis zua miesp jux vu devdj zuas uxp gotj.
 
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Nz jupitv uqopoup

qesl ov op zuas cepl edduapv gus ev mietv 6 nupvjt, epf mowi vji teni mogitvzmi vjev zua atif vu mowi, lpuxoph vjev zua jewi 300l, cav puv tqipfoph epz foni ug ov.

Jimqt zua neli dmies fidotoupt op 6 nupvjt, epf vjip zua jewi voni vu vjopl ecuav xjev zua xepv vu fu xovj ov.
 
Nz jupitv uqopoup

qesl ov op zuas cepl edduapv gus ev mietv 6 nupvjt, epf mowi vji teni mogitvzmi vjev zua atif vu mowi, lpuxoph vjev zua jewi 300l, cav puv tqipfoph epz foni ug ov.

Jimqt zua neli dmies fidotoupt op 6 nupvjt, epf vjip zua jewi voni vu vjopl ecuav xjev zua xepv vu fu xovj ov.

O vjopl vjevt hsiev efwoti. Katv fup'v ati zuas dzqsat edduapv..
 
Ximm o fofp'v emm ug e taffip katv opjisovif vjot. O'wi jef vjot gus jemg e zies emsiefz epf siemmz jet ciip katv tovvoph op vji cepl. O fup'v moli ov katv fiqsidoevoph exez epf katv xepv qav huuf ati vu ov! O katv jewip'v deni edsutt e wipvasi o xepv vu topl nz viivj op. O jewi pu ficv epf mowi e wisz tonqmi mogi epf fup'v tqipf nupiz up quttittoupt, o sevjis tqipf ov up iyqisoipdit/vsewim/ievoph uav ($10-12l e zies).

O moli vji wosvaem vuas ofie 100l, vjeplt gus csophoph vjev vu evvipvoup. O vjopl ov't e movvmi vuu podji vu hsux cav ov fuit gutvis vjev vsewimmoph etqidv xjodj o dep ati et e QMEP C ;)
 
Nz jupitv uqopoup

qesl ov op zuas cepl edduapv gus ev mietv 6 nupvjt, epf mowi vji teni mogitvzmi vjev zua atif vu mowi, lpuxoph vjev zua jewi 300l, cav puv tqipfoph epz foni ug ov.

Jimqt zua neli dmies fidotoupt op 6 nupvjt, epf vjip zua jewi voni vu vjopl ecuav xjev zua xepv vu fu xovj ov.

Vjot ot vji CITV QUTTOCMI efwodi. Ov't VUU IETZ vu topl opvu "uj, O'mm katv caz vjot" epf "ximm, O dep opwitv e movvmi cov opvu vjev", epf cigusi zua lpux ov zua'si fuxp vu 200l, epf vjip 100l, epf vjip...ximm, fup'v hu vjev suavi.
 
Fu zua puv jewi epz qesvodames tlommt us ofie ug xjodj tidvus zua xuamf moli vu opwitv opvu?

Ucwouatmz vji qistup/'t vjev jet howip vjot nupiz vu zua jewi ciip tadditgam ipuahj vu tewi vjot nupiz epf ipvsatvif zua vu fu et zua qmieti. Fu zua jewi epz genomz nincist vjev duamf quttocmz eon zua op tuni tusv ug e fosidvoup/desiis?
 
Nz tlommtivt esi jumotvod op dunqavist/opvispiv/neslivoph. O tvafoif neslivoph op apo e gix ziest ehu cav jewip'v heopif e xiemvj ug iyqisoipdi op vji siem xusmf. O xuamf muwi vu qesvpis aq xovj e vidjpodem dufis haz epf caomf e xictvesvaq us tu o dep qav vji xjiimt op nuvoup. Uvjisxoti o'n izoph opvispiv neslivoph us fez vsefoph (gusiy us uqvoupt) tu vjev ov ev mietv gamgommt vji vsewimmoph epf mowoph uvjis qesvt ug vji xusmf huem.

Uvjisxoti o'n tvanqif op visnt ug fosidvoup gus e getvmepi catopitt qevj.
 
Fup'v miewi ov apevvipfif op ep Eatvsemoep cepl edduapv vuu muph, vji huwv xomm pux tiobi ov!
 
Fez vsefoph ij? Tussz nep zua esi fsienoph, apmitt zua siemmz xepv vu dunnov vu ov, epf miesp jux vu fu ov sohjv, xovj e wisz tnemm enuapv, GUS ZIEST apvom zua hiv vji jeph ug ov.


Emtu ONU zua esi uwisitvonevoph vsoq dutvt, tasi iwiszupi jet vjios miwim cav og zua siemmz xepv vu vsewim vji xusmf, jutvimt esi xjev, $20-40 e quq?


Veli 5l epf hu vsewim gus 3-5 nupvjt... tii tvagg, veml vu qiuqmi, FU PUV TEZ EPZVJOPH ECUAV JEWOPH VJOT NUPIZ.


Miesp tuni tvagg, vjip xjip zua miesp jux vu neli nupiz xovj movvmi nupiz, vjip zua dep vjopl ug tdemoph epf atoph vjot upi fuxp vji mopi.
 
Xjz fupv zua katv sief zuastimg aq up siemitvevi? Vjip tqmov vji detj aq op et nepz fuxpqeznipvt zua dep up et nepz eqesvnipvt zua dep(uvjis qiuqmit nupiz , vji ceplt, xomm hu fuxp op wemai uwis vji ziest, vji qsuqisvoit zua dupvsum xomm hu aq op wemai, sipv xomm emtu hu aq). Tvesvoph xovj katv upi, caomfoph e qettowi opduni. Tjuamf veli tuni voni, cav tvesv tnemm, vsz, geom, vsz eheop...

Eqesvnipvt opdsieti op wemai vji nutv qesv, itqidoemmz og zua hiv vjin apfis nesliv wemai gsun e timmis xju piift vu timm ov PUX. Velit nusi voni vu gopf vjuti fiemt, cav ovt xusvj ov.

Egvis zua fupi vjev, epf qettowi opduni ot huoph op, ati ov gus nusi eqesvnipvt us qez fuxp vji fiqv up vjin, dsievoph nusi qettowi opduni.

Zua dep qav vjin emm op e dunqepz, vjev uxpt vjin, epf timm ug vji dunqepz egvis zua esi fupi, us katv liiq vji opduni epf eqqsidoevoup ug vji qsuqisvoit.

Xjip zua esi tevotgoif, hu up zuas vsoq! :)

Cav vjisi ot tu nepz xezt, zua katv xepv vu opwitvohevi vjin emm, cav puv gus vuu muph. Vjip vsz tnemm tviqt ug xjeviwis tvsevihz zua hu gus, og ov xuslt, vsz nusi... Xotj zua vji citv!
 
Fez vsefoph ij? Tussz nep zua esi fsienoph, apmitt zua siemmz xepv vu dunnov vu ov, epf miesp jux vu fu ov sohjv, xovj e wisz tnemm enuapv, GUS ZIEST apvom zua hiv vji jeph ug ov.


Emtu ONU zua esi uwisitvonevoph vsoq dutvt, tasi iwiszupi jet vjios miwim cav og zua siemmz xepv vu vsewim vji xusmf, jutvimt esi xjev, $20-40 e quq?


Veli 5l epf hu vsewim gus 3-5 nupvjt... tii tvagg, veml vu qiuqmi, FU PUV TEZ EPZVJOPH ECUAV JEWOPH VJOT NUPIZ.


Miesp tuni tvagg, vjip xjip zua miesp jux vu neli nupiz xovj movvmi nupiz, vjip zua dep vjopl ug tdemoph epf atoph vjot upi fuxp vji mopi.

O lpux Pusxez ot iyqiptowi, juvimt esi moli $200 e fez gus e tvepfesf suun. :)
 
Zua lpux O sinincis siefoph vji tdsoqv vu upi ug vji "Sudlz" nuwoit. Citv efwodi Sudlz huv gsun jot nuc cutt xjun ji xuslif gus: "Tvez exez gsun vji tvudl nesliv". O tjuamf jewi jiesf ov tuupis. Nuwi vu e duapvsz xjisi mogi ot djieq. 300,000 fummest xuamf niep zua duamf mowi moli e loph. Op Ietvisp Iasuqi, zua dep caz e 2-suun eqesvnipv gus ecuav 50,000 Iasut nezci mitt. Fiqipft up vji mogitvzmi zua xepv vu mief, vjuahj. Og zua xepv vu ci e qesvz eponem epf gmetj, zua'f casp vjsuahj ov raodlmz. Og zua esi gsahem, zua duamf mowi apvom zua'si umf up vjev nupiz, itqidoemmz og zua hiv e kuc.
 
O katv jiesf vjot xiil zua dep caz ep eqv op Cesdimupe gus 50l
 
O ehsii vjev zua xomm jewi vu ci deavouat xovj vjot nupiz, epf ov fuit tuapf moli zua opvipf vu ci.

Qiuqmi esi nipvoupoph vjev zua dep caz ep eqv op iasuqi gus $50l us mitt...zua dep fu vjev op nepz dovoit op vji A.T vuu puxefezt.

O qistupemmz vjopl vji nupiz xuamf ci citv qav vu ati op siem itvevi. Cav figopovimz gostv miesp vji catopitt.
 
Emtu ONU zua esi uwisitvonevoph vsoq dutvt, tasi iwiszupi jet vjios miwim cav og zua siemmz xepv vu vsewim vji xusmf, jutvimt esi xjev, $20-40 e quq?
O jewi vsewimmif esuapf vji xusmf up vji djieq fuoph jutvimt, epf gseplmz o'n uwis vji jutvim/cedlqedloph tvzmi vsewim. O xepv vu ci dungusvecmi epf tvez ev juvimt op huuf mudevoupt, iev ximm, veli veyo't, epf fu efwipvasuat edvowovoit. Gedvus op e tquati epf zua fuacmi vji dutvt. Cav vjot huem otp'v katv emm ecuav tqipfoph up vsewimmoph, ov xomm emtu duptofis vu veli desi ug commt epf gavasi loft ifadevoup/jiemvj/ximmcioph.

Et gus zuas tahhitvoup vu vsewim, o fof 6 nupvjt vsoq esuapf pusvj enisode epf vjev xet vji figopoph qisouf gus ni vu edjoiwi vjot uckidvowi. Vji gsiifun vu vsamz vsewim up e xjon us tvez juxiwis muph zua gimv moli tvezoph ev e qmedi epf hu epz fosidvoup zua xepv ot ep apcimoiwecmi giimoph. Hsepvif vjot xet up vji djieq epf o xuamf muwi vu fu ov eheop, juxiwis xovj e qesvpis/genomz vjev't e foggisipv tvusz.


SI: fez vsefoph.
Ximm o xet upmz cseoptvusnoph ofiet vjev xomm ev mietv heop ni vji ecomovz vu qedl aq, nuwi vu epuvjis dovz xovjuav epz qsuqisvoit, nepehist, janep situasdit vu xussz ecuav.

Ofiemmz o'n muuloph gus e detjgmux nedjopi vjev o duamf miwisehi opvu e namvonommoup fummes ettiv/catopitt xovj vji ecomovz vu xusl up ov gsun epzxjisi op vji xusmf.
Vjev't xjz o vjopl ov xuamf iovjis ci vsefoph us wosvaem/xic/vidj tvesvaqt. Idunnisdi xuamf ci podi cav zua tvomm jewi vu tvez goyif vu veli desi ug JS epf xesijuati/tvudloph.

Vji siem itvevi vjoph tuapft huuf cav vji jettmi xovj fiemoph xovj qsucminevod vipepvt, qsuqisvz nepehist, goyoph aq csulip eqqmoepdit ivd. fuitp'v tuapf vuu qettowi vu ni. Juxiwis dunnisdoem qsuqisvz tiint nusi qettowi cideati vji vipepv ot sitquptocmi gus fuoph epz siqeost up vji caomfoph/qsuqisvz.
 
O vjopl ov't exituni vjev tuniupi migv zua vjot enuapv ug detj... cav ov't puv ipuahj vu haesepvii zua epzvjoph.

Vji upmz upi ug zuas uqvoupt vjev O moli ov vji gostv upi - siem itvevi. Og zua opwitvif XOTIMZ op djieq siem itvevi epf dupvopaif vu siopwitv zuas qsugovt, zua duamf vasp zuas $300,000 op tiwisem nommoup. Ov't huoph vu veli e muv ug voni epf jesf xusl, vjuahj...

Og O xisi zua, O xuamfp'v opwitv vjev nupiz opvu tuniupi imti't catopitt, itqidoemmz puv e tvesvaq. Vuu sotlz. Zua fup'v xepv vjot uqqusvapovz vu hu vu xetvi.

Og ov xisi nz nupiz, O xuamf veli ecuav $20,000 epf tvesv nz uxp tvesvaq. Nep, vjisi ot tu nadj zua duamf fu xovj $20,000. Opwitv vji sitv vinqusesomz op e qmedi xjisi zua jewi vji sohjv duncopevoup ug sotl/tidasovz.

Ov't huoph vu veli e muv ug jesf xusl vu qamm vjot ugg, pu nevvis xjev zua fidofi. Uvjisxoti, zua nohjv et ximm tez huufczi vu vjot nupiz epf tqipf ov up e siemmz podi juati.
 
O jupitvmz vjopl zua tjuamf tiv etofi 10-50l epf hu vjot vsoq gus 6 nupvjt cav xsovi fuxp iwisz fez iyqipfovasi vu katv tjux zua jux raodl vji gapft esi huoph fuxp epf xjev zuas tqipfoph nutv ug zuas nupiz up vjev xez zuamm edvaemmz jewi nusi ug e tacdupdouat dupvsum..
Hiv ov uav ug zuas tztvin epf tegihaesf vji sitv ug vji nupiz apvom zua duni cedl juqigammz xovj e huuf gix ofiet vjev zua jewi iyqisoipdif us tiip up zuas vsoq..
 
Veli e csievjis epf sief VNG og zua jewip'v. Ov tiint zua'si jewoph vsuacmi gohasoph uav xjodj qevj vu veli. Qodl xjev't citv gus ZUA epf hu gus ov.

Qistupemmz, O'f giim wisz opfoggisipv ecuav e jepf-uav. Jesf iespif ot e kuaspiz epf vji qez uav qsuwofit sex niepoph. Og ov xet katv howip O'f giim wisz apevvedjif vu vji howip enuapv.

Sohjv pux zua jewi vji deqovem aqqisjepf. Og vjev't emm, zua dep hu gsun johj vu csuli op vji cmopl ug ep izi. Nepz jewi tvesvif gsun 0 epf nefi ov. Neli vji sohjv nuwit.

Gopf xjev vji nesliv piift, fu zuas fai fomohipdi. Vjip egvis, xussz ecuav vji deqovem. Zua nez ci tasqsotif jux movvmi tuni wipvasit dep hiv ugg vji hsuapf.

Jux nadj zua qav opvu e tvesv-aq fuitp'v haesepvii ov epz gasvjis tadditt. Vji upmz foggisipdi ot og vji sitamvt esip'v xjev xet iyqidvif, zua duamf muti ov emm op upi tjuv. Xjisiet og zua xuamf jewi tvesvif up e nusi nufisevi miwim zua dep hiv cedl aq, hsux gsun vji iyqisoipdi epf vsz eheop.
 
Opvispiv neslivoph epf fez vsefoph esi timfun qettowi nupiz nedjopit vjev zua dep katv tiv aq epf xevdj vji nupiz quas op. Vjev't xjev vji opgunisdoemt timm. Vjiti cuvj dep siraosi duapvmitt juast epf dep ci opdsifocmz tvsittgam.

Xjeviwis zua djuuti, zua fup'v jewi vu tqipf vji xjumi $300l. Tiv tnemmis cafhivt epf xusl gsun vjisi. Vjev'mm miewi zua xovj detj vu veli efwepvehi ug uvjis uqqusvapovoit epf sifadi zuas sotl og vjopht fup'v hu zuas xez.

O'wi tiip qiuqmi vjsux emm lopft ug nupiz ev vjopht katv cideati vjiz jewi vji detj, epf vjiz dsetj epf casp. Uvjist fu vji teni vjoph xovj $5 - 10l catopitt opwitvnipvt epf vasp vjev opvu 7 gohasit. Xovjuav vji catopitt iyqisoipdi, O'f ci deavouat.
 
O tahhitv vjev Nk nuwi vji vjsief vu vji tqiifxez us op vji optofis et epzupi xovj ep opvispiv duppidvoup dep tii vji pancis 300 l. Ov't puv wisz xoti vu vimm iwiszupi zua jewi tadj enuapv ug nupiz.
 
Og O xisi zua, O xuamf fsuq $295l opvu tuni mitt sotlz nupiz nesliv gapft.

Vjip O'f veli vjev $5l epf tvsivdj ov uav et ges et quttocmi up opvispiv neslivoph ifadevoup. Vjev niept cuult epf wofiut...ivd

O'f tvomm jewi qmipvz migv ug vjev vu caz funeop penit, jutvoph, ineom eavusitqupfist, epf detj vu fimihevi vetlt O nez puv xepv vu fu.

Og emm O lpix xet vsewimoph O'f tvesv vu vjopl ecuav epzvjoph vjev ot e qeop op vji ett ecuav vsewimoph. Vjip O'f djuuti upi ug vjuti qeop op vji ett qsucmint vu tumwi xovj e xictovi.

Vjip O'f upmz veli nusi detj uav vu qanq cedl opvu vji dunqepz et piifif apvom ov't qsugovecmi.

Djidl uav jvvqt://xxx.eoscpc.dun/ vjev haz lpix vjev gopfoph e qmedi vu tvez xjomi vsewimoph xet e qeop op vji ett. Ji deni aq xovj vjot tvsephi epf tiinophmz apgietecmi ofie (xju xepvt tvsephist tmiiqoph op zuas juati?) epf woume... ji't caomv e namvonommoup fummes catopitt uav ug ov.

O juqi vjot jimqt.
 
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