Hi All!
My grandmother recently passed away last year and I inherited a small but decent amount of money. I have been contacted by Chase and Merryl Lynch to invest in the S & P. Projections said that the amount of money I could yield in the market after 40 years could compound 3.75 million in todays value not counting for inflation. Thats not exactly a lot of money for that amount of time. I was wondering if I was better off investing in businesses and having control, reasonable cash flow with scalability. For the record im 24 years old, and this would be a passive source of income that I wouldn't rely on to live off of. All recommendation s and financial advice are welcome! Please help me out
Cheers!
My grandmother recently passed away last year and I inherited a small but decent amount of money. I have been contacted by Chase and Merryl Lynch to invest in the S & P. Projections said that the amount of money I could yield in the market after 40 years could compound 3.75 million in todays value not counting for inflation. Thats not exactly a lot of money for that amount of time. I was wondering if I was better off investing in businesses and having control, reasonable cash flow with scalability. For the record im 24 years old, and this would be a passive source of income that I wouldn't rely on to live off of. All recommendation s and financial advice are welcome! Please help me out
Cheers!
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