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Meg
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Asked: 2022-12-22T13:04:13+00:00 In:

I just inherited $253,000. What’s the best way to invest it?

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I just inherited $253,000. What’s the best way to invest it?

What would you do?

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    2 Answers

    1. Nutritionist
      I just inherited $253,000. What’s the best way to invest it?

      How to Invest an Inheritance:

      1.Good Growth Stock Mutual Funds. Invest in good growth stock mutual funds through an individual or joint taxable brokerage account.
      2.Real Estate Bought With Cash. Depending on the size of your inheritance, you might be able to purchase a rental property outright.

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    2. Digital marketer
      I just inherited $253,000. What’s the best way to invest it?

      One of the best uses for your inheritance is to invest it in your retirement. If possible, consider funding your tax-advantaged retirement account, such as a 401(k) or traditional IRA, to the maximum contribution limit, including catch-up contributions if you’re over age 50.

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