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Ask HN: What would you do with 6 months?

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11–20 of 31 posts

Re: Ask HN: What would you do with 6 months?

#11
post #10

A couple of months of living costs in savings is not a luxury, if you have a family. I'd stash it in a savings account. Feel free to take a holiday, but then I'd get back to work.

This, except I'd put it in a low-fee index fund. Or some sort of rental property.

Re: Ask HN: What would you do with 6 months?

#16
I'd be very interested in your story. Have you posted something somewhere about your product and how you got approached by the buyer? Is it an app, a desktop tool, etc?

Curious to hear about these kind of stories in detail... if you guys agree just thumbs up that comment and it'll stick at the top.

Re: Ask HN: What would you do with 6 months?

#17
Lets change the question to "how do I want to spend this money?". It sounds like you don't know, since you're unsure how you want to spend this time. If I were in your situation, I'd bank the money until I was certain I knew how I wanted to spend it. By all means take a bit of time off, but be thoughtful about how you spend large quantities of money and time.

Re: Ask HN: What would you do with 6 months?

#20
post #11
post #10

A couple of months of living costs in savings is not a luxury, if you have a family. I'd stash it in a savings account. Feel free to take a holiday, but then I'd get back to work.

This, except I'd put it in a low-fee index fund. Or some sort of rental property.

Index funds have short term risks. bartvk was giving the basic advice of putting it into savings since 6-9 months is a very appropriate cash buffer. Always keep in mind, that reasons for needing cash and down markets tend to be highly correlated (think losing your job because the stock market lost 40% of it's value in less than a month).
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