Been in Disability for 3 years. Should I get monthly payments or a lump sum?
If you are currently on Disability, and you are given an inheritance of 50.000$, what should you do?
- Posted:
- 3+ months ago by Nagisa90
- Topics:
- year, inheritance, years, payment, disability
Answers (1)
In the 1960s $50,000 was a fortune. Now it's the price of a new car. The money continues to lose value, so you need to invest in something that will retain value. That amount of money will buy about 200 lbs of pure silver ingots, which you can hide at home, NOT in any company's vault. Yes, banks have been known to steal precious metals out of safe deposit boxes, and there is nothing you can do about it. If a bank holiday is declared, there will be a tax man present when you try to open your box, and again there is nothing you can do about it. It has already happened in Greece, and Germany is laying plans to do the same thing. If you invest in anything that can't be stored at home, stocks or whatever, you are giving your money away.