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The main thing you have now is security. Do what everybody is saying with the index funds, but you're young and might want to consider a gap year. 20 grand would be way more than enough for a year of backpacking and you're sure as gently caress not going to do it when you're older.
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Sep 5, 2015 18:21
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Quickly enough, they're not certificates of deposit. Stocks are illiquid in the sense that you don't want to cash them out if the market is slumping. Also  with backpacking. I'd suggest south america, check the travel forum.
i say swears online fucked around with this message at 03:47 on Sep 6, 2015 |
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Sep 6, 2015 03:34
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etalian posted:If you are young and want to build long term wealth, putting 850k in savings account is not a good strategy. Dwight Eisenhower was using it as an easy-to-understand example of risk vs. reward, not as a plan foward. edit - probably a quote said before Operation Market Garden
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Sep 8, 2015 05:25
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