Is 30k worth investing?

I recently inherited a sports card collection from a relative who passed. The collection is roughly $60,000. It was willed to my brother and I 50/50. So I’m wondering what to do with my share of the money. I’d like to invest it. I have little to no debt, I paid off my college tuition (community college), no credit card debt, and my car still has $5,000 left on it. I also live at home with no bills. Any advice is appreciated!

Yes. 30k definitely worth investing into a broad stock market ETF like VOO, VT, VTI. With a nominal total return of say around 4% per year (as forecasted by Vanguard) you will have a future value of 30k * (1 + 0.04) ** 10 = 44k after 10 years and 97k after 30 years. But get rid of your car loan first, if possible, and keep some cash as an emergency fund. So maybe invest 20k, pay the 5k of car loan and keep 5k in cash.

@Chen
97k after thirty years seems like a terrible ROI.

Drew said:
@Chen
97k after thirty years seems like a terrible ROI.

This is a terrible ROI and a ‘nominal return’ of 4% is doable with a simple high interest savings account. …

Marin said:

Drew said:
@Chen
97k after thirty years seems like a terrible ROI.

This is a terrible ROI and a ‘nominal return’ of 4% is doable with a simple high interest savings account. …

Wow this is super helpful I really appreciate it! Thank you!

Marin said:

Drew said:
@Chen
97k after thirty years seems like a terrible ROI.

This is a terrible ROI and a ‘nominal return’ of 4% is doable with a simple high interest savings account. …

If you don’t mind me asking how did you learn about all of this?

@Lior
A number of places… I wish I’d poured more money into my investments earlier on. …

Marin said:

Drew said:
@Chen
97k after thirty years seems like a terrible ROI.

This is a terrible ROI and a ‘nominal return’ of 4% is doable with a simple high interest savings account. …

Thank you.

@Chen
Thank you for the info! I’ll definitely look into those.

@Chen
You’re more likely to get 10% or more. You’ll do even better if you add in some crypto.

First of all you need to actually sell them and see how much you will get. An estimated value of 60k doesn’t mean you will get exactly that when you sell them.

Lorena said:
First of all you need to actually sell them and see how much you will get. An estimated value of 60k doesn’t mean you will get exactly that when you sell them.

The actual “estimated value” for the cards is over $200,000. I was shooting low for my estimate …

@Lior
Regardless of the estimate you need to actually sell them, pay fees and taxes owed …

Lorena said:
@Lior
Regardless of the estimate you need to actually sell them, pay fees and taxes owed …

You can still plan investments beforehand. No reason not to.

Here’s to all the nay sayers…my last ETF was making 18% at Vanguard …

Finch said:
Here’s to all the nay sayers…my last ETF was making 18% at Vanguard …

Top advice here. No idea why some above are saying to invest for a 4% return …

Thirty grand is a nice chunk of change to get you started …

Noe said:
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Would love to see your math on this.

Remi said:

Noe said:
[deleted]

Would love to see your math on this.

I think he means tens of thousands of dollars …

Noe said:
[deleted]

This sounds too good to be true. Lol I’m glad I’m here, I know nothing …