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Spending Inheritance Money? #4261326
01/09/25 11:05 AM
01/09/25 11:05 AM
Joined: Mar 2014
Posts: 83
AL
W
wareagul Offline OP
spike
wareagul  Offline OP
spike
W
Joined: Mar 2014
Posts: 83
AL
Question for some of you wise, more "well seasoned" gents. If you received an small amount of inheritance money (around 4K), how would you spend it? Long story short, I was supposed to get my grandfather's coin collection when he passed but it got auctioned off before it got to me. I'm torn between buying something really nice for myself (nice gun, high end guitar) to pass onto one of my kids, or buy them each something really nice for each of them to keep in the family. Some friends have suggested investing the money, but I'd like to buy something tangible that can be used. I have a nice Ruger M77 that was given to me by my uncle that I'd never sell, and an old Stanley tape measure that belonged to my grandfather that did woodworking- both are my prized possessions because I think of them every time I use them. I'd love to hear some suggestions of what y'all may have done in similar situations.

Re: Spending Inheritance Money? [Re: wareagul] #4261341
01/09/25 11:18 AM
01/09/25 11:18 AM
Joined: Mar 2018
Posts: 11,489
Northwest Bama
R
Ridge Life Offline
Booner
Ridge Life  Offline
Booner
R
Joined: Mar 2018
Posts: 11,489
Northwest Bama
My dad didn’t have much of anything but tools, and a few guns, few knives I’d like to have.. long story short my older brother got the tools no dispute, I got a few guitars.. step mother has a lot of things of little value and no purpose for use that I’ll never see again… my grandmother gave me some inheritance that he left her bc he knew we’d never get it from his wife… my favorite thing to do with him was fish, so I bought a trolling motor and a livescope…. The most valuable things he gave me I will never loose… just a preference on your part.

Last edited by Ridge Life; 01/09/25 11:18 AM.
Re: Spending Inheritance Money? [Re: wareagul] #4261342
01/09/25 11:18 AM
01/09/25 11:18 AM
Joined: Aug 2001
Posts: 72,323
Luverne, AL
Skinny Offline
GUVNER
Skinny  Offline
GUVNER
Joined: Aug 2001
Posts: 72,323
Luverne, AL
My advice: Get something you can hold on to forever. Dont let the money get burned up on daily crap cause then you will have nothing to show for the gift from your grandfather.


"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
Re: Spending Inheritance Money? [Re: wareagul] #4261345
01/09/25 11:21 AM
01/09/25 11:21 AM
Joined: Dec 2012
Posts: 16,400
Brierfield
Beadlescomb Offline
Old Mossy Horns
Beadlescomb  Offline
Old Mossy Horns
Joined: Dec 2012
Posts: 16,400
Brierfield
When I was younger I'd have spent it on a gun or something now that I'm older I'd probably just stick it in the safe


We will burn that bridge when we get there
Re: Spending Inheritance Money? [Re: Skinny] #4261356
01/09/25 11:34 AM
01/09/25 11:34 AM
Joined: Mar 2014
Posts: 83
AL
W
wareagul Offline OP
spike
wareagul  Offline OP
spike
W
Joined: Mar 2014
Posts: 83
AL
Originally Posted by Skinny
My advice: Get something you can hold on to forever. Dont let the money get burned up on daily crap cause then you will have nothing to show for the gift from your grandfather.


I agree 100%.

Re: Spending Inheritance Money? [Re: wareagul] #4261361
01/09/25 11:37 AM
01/09/25 11:37 AM
Joined: Jul 2011
Posts: 37,659
Boxes Cove
2Dogs Offline
Freak of Nature
2Dogs  Offline
Freak of Nature
Joined: Jul 2011
Posts: 37,659
Boxes Cove
Buy your kids Berkshire Hathaway B shares with it.



"Why do you ask"?

Always vote the slowest path to socialism.







Re: Spending Inheritance Money? [Re: wareagul] #4261374
01/09/25 11:55 AM
01/09/25 11:55 AM
Joined: Feb 2016
Posts: 9,449
Right behind you
Mbrock Offline
Fancy
Mbrock  Offline
Fancy
Joined: Feb 2016
Posts: 9,449
Right behind you
If it’s only $4k I’d likely get a tangible object to enjoy or the kids to enjoy, or a life experience (short trip, vacation etc). $4k invested is not going to likely help you long term in a major way. I’m sure others will disagree. You die either way. You can leave your kids experiences or leave them money in the bank.

Last edited by Mbrock; 01/09/25 11:56 AM.
Re: Spending Inheritance Money? [Re: wareagul] #4261380
01/09/25 12:03 PM
01/09/25 12:03 PM
Joined: Feb 2009
Posts: 3,962
Huntsville, Al
Bronco 74 Offline
10 point
Bronco 74  Offline
10 point
Joined: Feb 2009
Posts: 3,962
Huntsville, Al
Save it for a rainy day.


"We have an opponent in this state that we work every day, 365 days a year, to dominate."
Re: Spending Inheritance Money? [Re: wareagul] #4261385
01/09/25 12:04 PM
01/09/25 12:04 PM
Joined: Mar 2014
Posts: 2,965
Florida
P
Peach Offline
10 point
Peach  Offline
10 point
P
Joined: Mar 2014
Posts: 2,965
Florida
Go on a whitetail hunt!

Re: Spending Inheritance Money? [Re: wareagul] #4261386
01/09/25 12:07 PM
01/09/25 12:07 PM
Joined: Oct 2022
Posts: 3,079
NOALA
RidgeRanger Offline
10 point
RidgeRanger  Offline
10 point
Joined: Oct 2022
Posts: 3,079
NOALA
$3800... S&W 1854 Limited Edition


[Linked Image]

Re: Spending Inheritance Money? [Re: wareagul] #4261389
01/09/25 12:10 PM
01/09/25 12:10 PM
Joined: Jan 2005
Posts: 2,568
Guadalajoover
J
joe sixpack Offline
10 point
joe sixpack  Offline
10 point
J
Joined: Jan 2005
Posts: 2,568
Guadalajoover
The only real answer for this is hookers and cocaine.

Re: Spending Inheritance Money? [Re: RidgeRanger] #4261390
01/09/25 12:11 PM
01/09/25 12:11 PM
Joined: Dec 2012
Posts: 16,400
Brierfield
Beadlescomb Offline
Old Mossy Horns
Beadlescomb  Offline
Old Mossy Horns
Joined: Dec 2012
Posts: 16,400
Brierfield
Originally Posted by RidgeRanger
$3800... S&W 1854 Limited Edition


[Linked Image]


Shoooo that out some lead in your pencil


We will burn that bridge when we get there
Re: Spending Inheritance Money? [Re: Peach] #4261391
01/09/25 12:11 PM
01/09/25 12:11 PM
Joined: Dec 2012
Posts: 16,400
Brierfield
Beadlescomb Offline
Old Mossy Horns
Beadlescomb  Offline
Old Mossy Horns
Joined: Dec 2012
Posts: 16,400
Brierfield
Originally Posted by Peach
Go on a whitetail hunt!


Honestly that's probably what I'd do the wife has been talking about want to go to texas on a hunt


We will burn that bridge when we get there
Re: Spending Inheritance Money? [Re: RidgeRanger] #4261392
01/09/25 12:11 PM
01/09/25 12:11 PM
Joined: Aug 2001
Posts: 72,323
Luverne, AL
Skinny Offline
GUVNER
Skinny  Offline
GUVNER
Joined: Aug 2001
Posts: 72,323
Luverne, AL
Originally Posted by RidgeRanger
$3800... S&W 1854 Limited Edition


[Linked Image]


hmmmm.


"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
Re: Spending Inheritance Money? [Re: RidgeRanger] #4261399
01/09/25 12:23 PM
01/09/25 12:23 PM
Joined: Aug 2014
Posts: 21,255
Northport, AL
GomerPyle Offline
Impatient Stinky Britches Wearin’ Off-Roadin’ Guru
GomerPyle  Offline
Impatient Stinky Britches Wearin’ Off-Roadin’ Guru
Joined: Aug 2014
Posts: 21,255
Northport, AL
Originally Posted by RidgeRanger
$3800... S&W 1854 Limited Edition


[Linked Image]

welp, I just went from 6 to midnight....


There are 3 certainties in an uncertain world:

1. All Politicians Are Liars
2. All Gun Laws Are an Infringement
3. Taxation Is Theft
Re: Spending Inheritance Money? [Re: RidgeRanger] #4261404
01/09/25 12:31 PM
01/09/25 12:31 PM
Joined: Mar 2014
Posts: 83
AL
W
wareagul Offline OP
spike
wareagul  Offline OP
spike
W
Joined: Mar 2014
Posts: 83
AL
Originally Posted by RidgeRanger
$3800... S&W 1854 Limited Edition


[Linked Image]


Beautiful gun, but not quite my style. I have thought about going the pistol route- 1911's or single actions, but I'm not a "safe queen" guy either.

Re: Spending Inheritance Money? [Re: wareagul] #4261406
01/09/25 12:37 PM
01/09/25 12:37 PM
Joined: Oct 2022
Posts: 3,079
NOALA
RidgeRanger Offline
10 point
RidgeRanger  Offline
10 point
Joined: Oct 2022
Posts: 3,079
NOALA
Dang, you're hard to please.

Maybe on of these?
[Linked Image]

Re: Spending Inheritance Money? [Re: joe sixpack] #4261407
01/09/25 12:38 PM
01/09/25 12:38 PM
Joined: Jan 2011
Posts: 3,768
Lawrence Co. AL
jdhunter2011 Offline
8 Point
jdhunter2011  Offline
8 Point
Joined: Jan 2011
Posts: 3,768
Lawrence Co. AL
Originally Posted by joe sixpack
The only real answer for this is hookers and cocaine.

I knew somebody was gonna say hookers and blow. Only took 10 comments


Its not the will to win but the will to prepare to win!
Re: Spending Inheritance Money? [Re: jdhunter2011] #4261412
01/09/25 12:46 PM
01/09/25 12:46 PM
Joined: Oct 2022
Posts: 3,079
NOALA
RidgeRanger Offline
10 point
RidgeRanger  Offline
10 point
Joined: Oct 2022
Posts: 3,079
NOALA
Originally Posted by jdhunter2011
Originally Posted by joe sixpack
The only real answer for this is hookers and cocaine.

I knew somebody was gonna say hookers and blow. Only took 10 comments


Its pretty shocking to see such a recommendation here at aldeer.

Re: Spending Inheritance Money? [Re: jdhunter2011] #4261415
01/09/25 12:47 PM
01/09/25 12:47 PM
Joined: Aug 2001
Posts: 72,323
Luverne, AL
Skinny Offline
GUVNER
Skinny  Offline
GUVNER
Joined: Aug 2001
Posts: 72,323
Luverne, AL
Originally Posted by jdhunter2011
Originally Posted by joe sixpack
The only real answer for this is hookers and cocaine.

I knew somebody was gonna say hookers and blow. Only took 10 comments


somebody has to, its a tradition. I dont know the price of hookers and blow but I dont think 4k is going to get very far. However, with a nice gun and you can shoot a drug dealer and have all the drugs and hookers you want.


"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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