Spending Inheritance Money?

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Re: Spending Inheritance Money? [Re: RidgeRanger] #4261422 01/09/25 12:55 PM 01/09/25 12:55 PM
Joined: Mar 2014 Posts: 83 AL W wareagul OP spike
wareagul OP spike W Joined: Mar 2014 Posts: 83 AL	Originally Posted by RidgeRanger Dang, you're hard to please. Maybe on of these? Now we're talking.

Re: Spending Inheritance Money? [Re: Skinny] #4261427 01/09/25 01:05 PM 01/09/25 01:05 PM
Joined: Mar 2014 Posts: 83 AL W wareagul OP spike
wareagul OP spike W Joined: Mar 2014 Posts: 83 AL	Originally Posted by Skinny 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. It's my understanding that grandaddy was a ladies man, but not aware he ever dabbled in the the hard stuff. Hard pass on that suggestion though- might be fun in the moment, but sounds like a recipe to contract the sort of "lifetime gift" I'd rather not hang on to. LoL.

Re: Spending Inheritance Money? [Re: wareagul] #4261443 01/09/25 01:48 PM 01/09/25 01:48 PM
Joined: Jul 2005 Posts: 3,796 Jackson County C CD 10 point
CD 10 point C Joined: Jul 2005 Posts: 3,796 Jackson County	How many kids you got? If you don’t need it, a couple grand each in a Roth would be an honorable use of Grandaddy’s money. You can open a custodial account and manage it on their behalf until they reach the age of majority. You could add to the accounts along the way as well. In 50 years, especially if you’ll teach them to add to it, Grandaddy’s seed money will have grown into something nice for them.

Re: Spending Inheritance Money? [Re: wareagul] #4261445 01/09/25 01:50 PM 01/09/25 01:50 PM
Joined: Jan 2005 Posts: 2,568 Guadalajoover J joe sixpack 10 point
joe sixpack 10 point J Joined: Jan 2005 Posts: 2,568 Guadalajoover	Beaver hunting trip to Las Vegas

Re: Spending Inheritance Money? [Re: wareagul] #4261485 01/09/25 02:42 PM 01/09/25 02:42 PM
Joined: Apr 2000 Posts: 18,134 Elmore County Frankie Old Mossy Horns
Frankie Old Mossy Horns Joined: Apr 2000 Posts: 18,134 Elmore County	Id act like I never got it and put it straight in my savings and act like I didn't have it . Last edited by Frankie; 01/09/25 02:44 PM. Frankie's Page

Re: Spending Inheritance Money? [Re: wareagul] #4261494 01/09/25 02:50 PM 01/09/25 02:50 PM
Joined: Nov 2015 Posts: 14,515 Chilton County M MarksOutdoors Booner
MarksOutdoors Booner M Joined: Nov 2015 Posts: 14,515 Chilton County	"The true soldier fights not because he hates what is in front of him, but because he loves what is behind him." -G. K. Chesterton

Re: Spending Inheritance Money? [Re: CD] #4261495 01/09/25 02:50 PM 01/09/25 02:50 PM
Joined: Jul 2011 Posts: 37,659 Boxes Cove 2Dogs Freak of Nature
2Dogs Freak of Nature Joined: Jul 2011 Posts: 37,659 Boxes Cove	Originally Posted by CD How many kids you got? If you don’t need it, a couple grand each in a Roth would be an honorable use of Grandaddy’s money. You can open a custodial account and manage it on their behalf until they reach the age of majority. You could add to the accounts along the way as well. In 50 years, especially if you’ll teach them to add to it, Grandaddy’s seed money will have grown into something nice for them. Yep, start out with some "Baby Berk" stock. "Why do you ask"? Always vote the slowest path to socialism.

Re: Spending Inheritance Money? [Re: RidgeRanger] #4261518 01/09/25 03:38 PM 01/09/25 03:38 PM
Joined: Jun 2011 Posts: 2,156 Elmore County, Al G gwstang 8 point
gwstang 8 point G Joined: Jun 2011 Posts: 2,156 Elmore County, Al	Originally Posted by RidgeRanger 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 LATE recommendation here at aldeer. FIFY

Re: Spending Inheritance Money? [Re: wareagul] #4261569 01/09/25 04:47 PM 01/09/25 04:47 PM
Joined: Apr 2000 Posts: 18,134 Elmore County Frankie Old Mossy Horns
Frankie Old Mossy Horns Joined: Apr 2000 Posts: 18,134 Elmore County	Hey ,, , nothing wrong with hookers and blow . Lol Frankie's Page

Re: Spending Inheritance Money? [Re: wareagul] #4261571 01/09/25 04:51 PM 01/09/25 04:51 PM
Joined: Sep 2012 Posts: 15,735 ArmPit of the south D DeerNutz0U812_ Old Mossy Horns
DeerNutz0U812_ Old Mossy Horns D Joined: Sep 2012 Posts: 15,735 ArmPit of the south	When my Mom passed I took some of the money she left me and bought a beautiful browning safe....I know she always wanted for me to have a really nice one but I wouldnt spend the money....So, now, I catch myself looking at it sometimes, and I often think of her.... She could always make me smile I sure do miss her...Just a suggestion... Did you know that Beer Nutz are over a Dollar...and Deer Nutz are under a Buck...

Re: Spending Inheritance Money? [Re: wareagul] #4261573 01/09/25 04:52 PM 01/09/25 04:52 PM
Joined: Feb 2005 Posts: 4,010 Cullman, AL R Ryano 10 point
Ryano 10 point R Joined: Feb 2005 Posts: 4,010 Cullman, AL	If I didn't have something that I thought my kid/s would want when I am gone, I would invest in something to hand down to each kid.

Re: Spending Inheritance Money? [Re: wareagul] #4261681 01/09/25 07:43 PM 01/09/25 07:43 PM
Joined: Feb 2016 Posts: 117 Cullman al. C Chipnalong 3 point
Chipnalong 3 point C Joined: Feb 2016 Posts: 117 Cullman al.	When my parents passed I took the money they left me and paid off of my house . I felt like I needed to do something they would approve of . My brother spent all his money on weed? Do what you think is best for you .

Re: Spending Inheritance Money? [Re: wareagul] #4261713 01/09/25 08:13 PM 01/09/25 08:13 PM
Joined: Dec 2004 Posts: 19,299 . ford150man Old Mossy Horns
ford150man Old Mossy Horns Joined: Dec 2004 Posts: 19,299 .	I always wanted to go on a paid deer hunt. A fancy place. Mom has always told me when she dies she wants me to take some of what she leaves me and to do it. I say okay, just to appease her. The older I get though, as much as I’d still like to go, I can’t stand the thought of doing something without my wife and kids. If voting made any difference, they wouldn’t let us do it.-Mark Twain

Re: Spending Inheritance Money? [Re: 2Dogs] #4261743 01/09/25 08:40 PM 01/09/25 08:40 PM
Joined: Nov 2009 Posts: 2,733 Birmingham, Al A akbejeepin 10 point
akbejeepin 10 point A Joined: Nov 2009 Posts: 2,733 Birmingham, Al	Originally Posted by 2Dogs Originally Posted by CD How many kids you got? If you don’t need it, a couple grand each in a Roth would be an honorable use of Grandaddy’s money. You can open a custodial account and manage it on their behalf until they reach the age of majority. You could add to the accounts along the way as well. In 50 years, especially if you’ll teach them to add to it, Grandaddy’s seed money will have grown into something nice for them. Yep, start out with some "Baby Berk" stock. I would definitely do something along these lines. $4,000 earning 10% from age 10 to 59 would be around $512,000. If you buy a gun something like that, just understand the long term cost. I can’t think of a better option.

Re: Spending Inheritance Money? [Re: akbejeepin] #4261751 01/09/25 08:46 PM 01/09/25 08:46 PM
Joined: Jul 2011 Posts: 37,659 Boxes Cove 2Dogs Freak of Nature
2Dogs Freak of Nature Joined: Jul 2011 Posts: 37,659 Boxes Cove	Originally Posted by akbejeepin Originally Posted by 2Dogs Originally Posted by CD How many kids you got? If you don’t need it, a couple grand each in a Roth would be an honorable use of Grandaddy’s money. You can open a custodial account and manage it on their behalf until they reach the age of majority. You could add to the accounts along the way as well. In 50 years, especially if you’ll teach them to add to it, Grandaddy’s seed money will have grown into something nice for them. Yep, start out with some "Baby Berk" stock. I would definitely do something along these lines. $4,000 earning 10% from age 10 to 59 would be around $512,000. If you buy a gun something like that, just understand the long term cost. I can’t think of a better option. Berkshire Hathaway has averaged 19.8% since inception in '65. https://money.usnews.com/investing/...he-complete-berkshire-hathaway-portfolio "Why do you ask"? Always vote the slowest path to socialism.

Re: Spending Inheritance Money? [Re: wareagul] #4261754 01/09/25 08:47 PM 01/09/25 08:47 PM
Joined: Jun 2013 Posts: 55,219 Gee's Bend/At The Hog Pen James Freak of Nature
James Freak of Nature Joined: Jun 2013 Posts: 55,219 Gee's Bend/At The Hog Pen	Help Me Hold On Do not regret growing older, it's a privilege denied to many!

Re: Spending Inheritance Money? [Re: wareagul] #4261766 01/09/25 08:53 PM 01/09/25 08:53 PM
Joined: Jun 2013 Posts: 55,219 Gee's Bend/At The Hog Pen James Freak of Nature
James Freak of Nature Joined: Jun 2013 Posts: 55,219 Gee's Bend/At The Hog Pen	Buy Some pre-lock Smiths 🙂 Ifn ya need more advice shoot me a try for some serious conversation Do not regret growing older, it's a privilege denied to many!

Re: Spending Inheritance Money? [Re: 2Dogs] #4261790 01/09/25 09:16 PM 01/09/25 09:16 PM
Joined: Nov 2009 Posts: 2,733 Birmingham, Al A akbejeepin 10 point
akbejeepin 10 point A Joined: Nov 2009 Posts: 2,733 Birmingham, Al	Originally Posted by 2Dogs Originally Posted by akbejeepin Originally Posted by 2Dogs Originally Posted by CD How many kids you got? If you don’t need it, a couple grand each in a Roth would be an honorable use of Grandaddy’s money. You can open a custodial account and manage it on their behalf until they reach the age of majority. You could add to the accounts along the way as well. In 50 years, especially if you’ll teach them to add to it, Grandaddy’s seed money will have grown into something nice for them. Yep, start out with some "Baby Berk" stock. I would definitely do something along these lines. $4,000 earning 10% from age 10 to 59 would be around $512,000. If you buy a gun something like that, just understand the long term cost. I can’t think of a better option. Berkshire Hathaway has averaged 19.8% since inception in '65. https://money.usnews.com/investing/...he-complete-berkshire-hathaway-portfolio Crazy…. So that’s around 27 million.

Re: Spending Inheritance Money? [Re: James] #4261797 01/09/25 09:18 PM 01/09/25 09:18 PM
Joined: Oct 2022 Posts: 3,079 NOALA RidgeRanger 10 point
RidgeRanger 10 point Joined: Oct 2022 Posts: 3,079 NOALA	Originally Posted by James Buy Some pre-lock Smiths THIS, could really work!

Re: Spending Inheritance Money? [Re: wareagul] #4261957 01/09/25 11:27 PM 01/09/25 11:27 PM
Joined: Dec 2006 Posts: 17,302 Madison BowtechDan Old Mossy Horns
BowtechDan Old Mossy Horns Joined: Dec 2006 Posts: 17,302 Madison	The old saying "you can't take it with you" is true. Buy something nice for you. Or buy/invest for someone else. Nathan Carl Goff 19 Sept 2016 - 14 Jan 2017.

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