Where to park $50k for a 30 year old homeowner

[Attitudeofawinner]

Fair enough. It is your business after all. You just really had me curious.

Something I learned early on in life is that nobody is irreplaceable. I was friends with the owner of a business and thought I had nothing to worry about. He was misinformed of his tax obligations, and suddenly found himself broke. He had to let go of almost everybody and hire on family to work for free until he could build up. It might not be anywhere near where you are, but the lesson for me is the same. Assuming makes a fool out of us all eventually. If I were you, I would first work on building up your financial house by avoiding many extras. You may think you are not replaceable, but you can only control so many factors of your life. One wrong move and you could ruin your reputation, or be in an accident and become disabled. I am not wishing anything on you, but it is wiser to always remember things could change. Prepare for that.

Either way, I think you are still way better off than your average Joe and you're coming to places like this to get advice (or gloat....I guess we'll see how long you are here to know which it is :P ) so Cheers!

If you think have I have the right to "gloat" by my situation then I guess I'm not doing as bad off as I thought and I'm flattered! I was more so embarrassed and thought if I was going to share with anyone my personal situation it may be strangers. That is the furthest thing from gloating in my book.

[corn18]

You aren't the president of Turkey are you?

[Attitudeofawinner]

You aren't the president of Turkey are you?

No family money. I come from middle class where everyone around me never saved a dime. I live in New England.

[corn18]

No family money. I come from middle class where everyone around me never saved a dime. I live in New England.

I was being silly. The current President of Turkey probably wouldn't post what he does on this forum either.