You’ve just received a substantial amount from an inheritance sale. What to do with the money? Odds are that the person who willed you the funds wanted you to use the capital for something fulfilling. Now is your chance to either invest in your long term future or blow it on shoes. From the funds procured off a modest stone’s sale, all the way up to a Hope Diamond-esque cash windfall, here is an ascending list of options for what to do with your newfound cash.
1 – Invest in a stock, CD or something else related to your “financial portfolio” …or, a racehorse! An albeit risky investment, it does have the potential to pay out high dividends. With an average purchase price around $60,000, your 12% investment will go a long way. Highlight: front row seats at the race track while you cheer your mighty steed on, coupled with the possible thrill of victory/making a huge profit.