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Inheritance money
Hi, I needed some advice on what to do. I am 35 years old and I have moved to Korea to be with my wife (yes, she is Korean). I have a job here and haven't lived in the U.S. for almost 8 years now. Last year, my father passed away and left me some money. I had a ton of student loans that I've paid off as well as all of my credit card debt. So, basically I am now sitting pretty with 30k in my bank account, not doing thing. As I said, I live in Korea now, and I have no clue what to do.
I just started looking at IRAs and looking for ways to invest, but don't have a clue what do invest in. I don't have a 401k or or any type of retirement fund because I've been living in Korea. I've saved money here in Korea, but my question is what do i with the 30k? I was reading some threads in various sites, and so many people were saying that to have 30k in a bank account is pointless. I think I'll come back to America in a couple of years because my wife wants to do a masters, so until then, that 30k is going to just sit and do nothing unless I do something about it. Please help~
I just started looking at IRAs and looking for ways to invest, but don't have a clue what do invest in. I don't have a 401k or or any type of retirement fund because I've been living in Korea. I've saved money here in Korea, but my question is what do i with the 30k? I was reading some threads in various sites, and so many people were saying that to have 30k in a bank account is pointless. I think I'll come back to America in a couple of years because my wife wants to do a masters, so until then, that 30k is going to just sit and do nothing unless I do something about it. Please help~
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