Hey everyone, my mother-in-law passed away not long ago, and she left us around $300k. We’re thinking of investing it to make some extra money without doing much work. We don’t want to just put it in a savings account with high interest rates. Real estate seems like a good option, but we already have a big mortgage on our house, so getting another one might not work. Any suggestions?
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for me Mason, the best investment for $300K depends on your risk tolerance and financial goals. Popular options include real estate, bonds, and stocks.
I’m sorry to hear about your loss. It’s wise to consider your options carefully with such a significant amount of money. Real estate can indeed be a good investment, but it’s not the only option. You could explore other investment avenues like stocks, bonds, mutual funds, or even starting a small business. Each option has its risks and rewards, so it’s essential to do thorough research or consult with a financial advisor to determine the best fit for your financial goals and risk tolerance.