>>85697309>InheritanceFirst off, I'm sorry for your loss chumbie. Was this someone important to you?
I'm no financial advisor myself, so take this advice with a disclaimer and a heap of salt. That said, if it's a large amount, I recommend diversifying. If it were me, first and foremost I'd look into getting some land - not just a house in a suburb, but like, a few dozen acres of arable farmable land that you can erect at least a basic structure on, install a well in, etc. After that, staple essentials like a truck, firearms, gasoline, ammunition, and seeds, fertilizer and livestock like chickens and rabbits. After that, I'd put a few percent into bullion, jewellery and crypto (and by crypto, I mean Monero and maybe some Bitcoin and Litecoin. I wouldn't bother with any other coins or tokens as a retail investor, personally - unless maybe you could invest in the hardware to mine or stake efficiently). Lastly, once those essentials are covered, I'd put most of the rest into a brokerage account. I use Fidelity personally, can't attest to any other firm except Merrill-Lynch and Fidelity is better by leaps and bounds. From there, try to invest in a wide portfolio covering lots of different sectors of the economy. If you're looking to create a passive income stream, look for securities and ETFs which pay a high dividend and bonds with a high return after maturation - it might also be worth setting up algorithmic trading, that's something I've been meaning to do for a while myself.
If it's only a few thousand or tens of thousands of dollars on the other hand, I'd delay getting the land and associated essentials until a bit later and start off with like a grand or two in silver and Monero just to get your foot in the door, and then put the rest into your brokerage account. Choose a handful of securities which you're naturally interested in and which have good fundamentals, and then start playing around with buying and selling. The important thing will be to closely watch the news cycle, keeping an eye open for things like stock splits, lawsuits, regulatory decisions, etc. and buying or selling accordingly. From there, maybe look into futures once you've gotten the hang of it. With time, you should start to slowly build up that wealth until you can get those diversified essentials I mentioned without starving yourself of immediately liquid funds.
Another related thing that might be worth looking into is some legal/corporate Judaism, like setting up a trust to hold your family's assets for you. To give you an idea of how important this is, it's the main reason why wealth and inheritance taxes are a terrible idea, no matter if you're left or right wing; basically, the children of people like farmers who are "wealthy" on paper due to their land, cattle, farm buildings, tractors, etc. will get fucked, but the super-wealthy with an army of lawyers at their disposal can get around those costs by setting up trusts which own their assets, of which they and their children are simply co-owners. Therefore, there's technically, legally, no "inheritance". Thankfully, lizards like you and I can take advantage of these faggy legal mechanisms if we know what we're doing; my own dad actually set up a trust for our family for that very purpose a long time ago
though at the moment it's empty for reasons that I won't get into on a 4chan post.
I hope that answers your question, at least it should be enough to get you started. Good luck!
