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How To Invest A “Mini Windfall”
A family friend won the lottery.
Not the $100 million jackpot or anything like that.
But, a decent prize. Which after taxes, lawyers fees, and other expenses, left this friend with around $100,000.
Plenty of financial articles discuss low-income, frugal living. Or target high income, high net worth individuals. But what if you end up in the middle? Enjoying a modest windfall that puts you ahead, without making you fantastically wealthy?
For clarity’s sake, let’s define a “Mini Windfall” as any post-tax, one-time payment between $100,000 and $500,000.
This isn’t life-changing money where you’re balling out in a mansion or buying a mega-yacht.
But it is enough to boost your financial prosperity.
On top of this, there’s a good chance you experience a mini windfall at some point in your life.
Here are some potential windfalls:
- Speculating on an obscure crypto currency
- Making a long-shot parlay bet
- Building a semi-successful website, then selling it
- Good old-fashioned inheritance
- Selling your house in California and moving to Wyoming
- Affiliate marketing campaign…