I just got my settlement how should I invest?

Da King

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https://www.thecoli.com/threads/legal-advice-i-got-hit-by-a-car.920357/

I made a thread about this while ago about me getting hit by a car while walking and I finally got my bag :banderas:

I’ve always made decent money and I am more than frugal but this is the first time I have a little bit of disposable money.

I bought a few toys (a new guitar and bass, a new tv for the low during Amazon prime week, a watch, a new MacBook, paid a few months rent out flat, traveled back home to Detroit to see my granny and traveled to Portland and LA to explore the whole west coast. Lastly got my mom a trip on a cruise to the Bahamas for her birthday last week. To keep it a bean I’m done spending money :yeshrug:

Question is how should I invest now? I’m tapped in to the music scene here and I have a few people in my ear talking about starting or partnering a music label. Others said get some real estate back home in MI for the low and get my rental hustle on.

I need some coli experts to give me some suggestions about how to invest in a smart way. I really don’t care about money like that and never have, so I’m not too educated about how the stock market works or even large investments in general.

Ballin Coli brehs help your mans out :mjgrin:


Did you get $100 million or $100? What’s the point without a estimate even know what that number is


Go buy a building in NYC with your new wealth :skip:
 

Fillerguy

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Pocket watchin :martin:

Lol but I came out nice. I don’t personally know any lawyers in the city I live in so I went to one that is reputable and friends of mine suggested; they definitely took their 33% tho.

I’ll just say it’s a very generous settlement, not in the millions but I nice number with three numbers in front of comma and three numbers behind it even after their cut
This a bytch as response, but if its over 100k, take to a FA. They'll probably stick most of it in an index fund if you don't plan on playing with it.

Although, if you have debt, clearing it out is always the best move if you aren't prepared to start investing
 
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This nikka went on a spending spree, now he trying to recoup :russ:
:dahell:

I bought a guitar for nothing, a bass from the pawn shop, a 42” tv for $159 through amazing prime day, a flight to see my grandmother to celebrate her 95th birthday, lowkey trips to Portland and LA where I barely spent money, a watch from the outlet store back home that was marked down.

Only money I really spent was on a new MacBook since mine died after 10 years, a cruise that actually wasn’t too pricey after everything for my mother, and a few months rent at $2500 :snoop: :whoa:

And after that I’m really done, haven’t bought a gift for myself in YEARS and finally decided to do so responsibly :ld:
 
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Open up FanDuels and bet on all the worst players from every baseball team to not hit a home run. Rinse and repeat lol
 

NotAnFBIagent

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Don’t partner on a label whatever you do lol. I got got a label with my partner and it’s not really a label, we really just investors for real. Do you know how much money nikkas done spent and we just have one artist lol? And it’s very low odds any of this shyt will ever be recouped
The mega stars are what keeps the lights on at record labels
 

Ridge Forrester

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