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what should I do with a $150K present after taxes? (programming.dev)
submitted 4 weeks ago by to c/asklemmy@lemmy.world
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I don't know if this is what some people would call life changing money.

safe bet: long term investment for retirement or to buy a house.

dreamer me: study the piano bachelor you always said you wanted to do, even if it's just the bachelor, and not a master, even if you're doing it not for the money or fame, but just because you want to play and maybe teach part time, but mostly because is something I enjoy doing, even if teaching the piano is mostly a side job to my main job.

I don't know what to do. Feel free to read my previous post, because it's related to this one.

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[–] 1 point 4 weeks ago

That just means no extra money during these times.
You don't need to try timing the market.
You operate with thresholds instead: the $150k have become $150k + x -> move x to stable assets and wait until the next time there's x extra.
What's not working is trying to have a reliable, stable source of extra incoming.
Skimming gains is possible though.

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