The worst time to inherit a stock portfolio, oh well 🤷♀️
Discussion
This is the time where opportunities are
Yeah, I just can’t move anything around without talking to my broker who is out of town 😂
You ask permission!? lol there are apps that allow you to trade for yourself haha
My dad was a boomer so when I was born, he opened a college fund for me and recently passed. It’s in a trust-type account so there’s extra hoops
oh I seeeeeee. Well I'm sorry for your loss, I'm happy that you're dad blessed with with funds despite the extra hoops
Hahahaahh yoooo that's the richest thing anyone ever said hahahahaahah it's always a good time to inherit anything
Yo my YN's crack babys out here inheriting debt hahahahaahhaah
If you inherit it, then that’s a win
Yeah it’s a win, it was just way higher last week
Gives you time to figure out how to rebalance it, can look to markets that are down substantially to invest but everyone is racing to find stability so it's really just a good time to chill if you're invested in a portfolio you believe can weather this storm
Yeah that’s what puzzles said that I should just wait a few weeks and see from there. It’s crazy how much that amount has changed
I think of an inheritance like a tattoo- you can think about what to do for a year and make 1 rational decision that is worth more than the 365 irrational decisions you could make in 1 year.
I honestly didn’t even wanna deal with it. It’s super weird getting money through death…like I didn’t earn this
I'm sure it was intended for you to make the most of. Once upon a time I was talking in moon boys and suggested that one of the biggest mistakes people make in crypto is rushing to the market the moment they acquire some new capital. There's no rush to make any decisions, especially when the market is freaking out. Red is a buying opportunity so consider what is worth moving money into and what may be the least impactful to reduce exposure within your portfolio, if you start moving anything out of it.
And it never hurts to consult with a financial advisor, but you can probably get by without paying one.
Yup. I’m gonna have to wait a while. I had things I was gonna pay off, but might as well wait for this weird time to pass. I’m gonna have puzzles join the call with the advisor next week because this is all new territory for me
I heard raft?
lol maybe in a bit. I got Hivetalk yoga, then I really need a nice bath. There’s a chance I may not be gaming much today, but I’ve said that before 😂
