A few years ago - before 2008 - I'd just have told you to shuttle it somewhere it gets you a decent amount of interest every year without risk and then forget about it until you need it for a reason and continue your normal life. But nowadays safe places where to put money are kind of... not existing any more? A friend of mine has inherited quite an important heap of money lately and she was thinking similar stuff like you. Then her - leftist - tax consultant told her to buy up a few blocks of social housing the local government wanted to get rid off (which would have meant that most of the very low income people living in them would get thrown out in favour of refurbishment and higher income renters, more or less). She bought the condos, did some minor, unavoidable work on them and left the renters there with the same rent and still gets a decent monthly income from it all, which allows her to do only the work she wants (she is a fashion designer). Good choice, I think. There is always something meaningful one can do with money without throwing it away or thinking too much about it!
A friend of mine has inherited quite an important heap of money lately and she was thinking similar stuff like you. Then her - leftist - tax consultant told her to buy up a few blocks of social housing the local government wanted to get rid off (which would have meant that most of the very low income people living in them would get thrown out in favour of refurbishment and higher income renters, more or less). She bought the condos, did some minor, unavoidable work on them and left the renters there with the same rent and still gets a decent monthly income from it all, which allows her to do only the work she wants (she is a fashion designer). Good choice, I think. There is always something meaningful one can do with money without throwing it away or thinking too much about it!
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