Forumsee logo
Forumsee » Finance and investment » Stocks and Funds » Read message
RSS: Subscribe to RSS

19 y/o Windfall Questions

Bogleheads • View forum - Investing - Help with Personal Investments - www.bogleheads.org
Daughter just received a life insurance policy from ex great-grandmothers passing for $45,000. Wondering what the best course of action should be. The money is sitting in Vanguard settlement fund. She doesn't have immediate use for the funds, but would like to remain liquid, so looking for the most tax efficient.

19 years old - Michigan

Single

15% marginal tax rate (approx $15k/year GI)

My initial thought was to have her put in VTSAX or a similar stock fund, but figured I'd ask for any input here.

Thanks in advance!
Date: Jun 19, 2017   


Last videos:

Chinese real estate investment
Chinese real estate investment
Chinese real estate investment
Chinese real estate investment
How To Get Followers On Facebook Instagram Yoytube Twitter Free For Busines
How To Get Followers On Facebook Instagram Yoytube Twitter Free For Busines
The art of adjustment
The art of adjustment
Ameriprise Mistake-Need Advice on Vanguard Allocations and Planning
Ameriprise Mistake-Need Advice on Vanguard Allocations and Planning
2017 Economic Prediction/Discussion
2017 Economic Prediction/Discussion
10 Things You Didn't Know About Everyday Objects
10 Things You Didn't Know About Everyday Objects
One stop shop for FREE fundamental analysis links
One stop shop for FREE fundamental analysis links

Cars ·
Travel ·
Pets ·
production-frontend