If I suddenly come into $100,000, what should I do with it?

Buy a multi family property. Use the after tax remainder of the $100k as a downpayment. Rent half for income. Live in the other half either rent free or at low cost.

I’d probably wait a few months for rates to drop. In the interim, just get a high yield checking account or short term cd.

Invest a third of it. Save a third of it (taxes) and spend a third of it.

Stock exchange traded funds - ETFs have had a pretty good long term yield over the past few decades without too much risk. For example, an S&P 500 ETF is a good choice. Next question: how to get into one where the fees & overhead are minimal. A company called Vanguard has low fee ETFs and you can open an account directly with them.

A word to the wise: many firms offer "commission free trading." However, there's always a fee; it's often hidden in small differences in the buy price and sell price and it's hard to compare because these prices change second by second. So, starting out you have do your own research and go by reputation. In any case, trading around a lot and switching funds WILL cost you.

Some funds go for stocks that pay dividends every quarter; others go for high growth. You'll have to choose your strategy.

Start by investing in some high-yield short term CDs.....

By the time they mature (3-4 months), you should have better knowledge on where to invest.

Find a good financial advisor and figure how to invest it.

i like hot dog carts but i would get high on my own supply.

Don't do it through your bank but invest in a good stock portfolio and grow your money. But don't invest all of it. Start off by investing 25%. Keep another 25% for taxes. Then split the rest as 15% for emergency, 20% for a potential down payment on a home, and the other 15% for yourself.

1. Pay off your credit cards and anything other bills you're paying interest on
2. Invest it in a decent stock and collect around 4%, or, if you can afford it, have the dividends re-invested.

Buy a house

I would immediately pay $50k off my mortgage and use the other $50k to do all the mods to the yard and house that are on the perpetual to-do list.

I put all my spare cash in my 401k. I invest in the S&P 500 and let it ride.

I hope your office has one, with matching funds

Buy everyone vip for life

use it as a down payment for a house or condo

Find a good financial advisor and invest.

In my opinion, and this is just my opinion, you should set aside $10,000 of that to spend on things you've always wanted. Just get it out of your system. Put the rest in a high interest checking account while you shop around for a good investment broker.

Deposit most of it