cliffusngmg1
New member
Okay, a bit of a back story, I'm 28 male earning 4.5k. Recently I got inheritance from the passing of my mom (F cancer). The amount is surprising as my family has always been very normal therefore I never expected this amount as I always thought maximum my mom would have is 100k. Also, I'm the only child and my dad is living off 3k monthly pension transferred to his name from the passing of my mom.
What I got:
1. 10k in emergency funds
2. 275k in FD
3. 380k in Unit trust (Pays about 1.5k a month in dividends which I am not sure whether to let it roll or use it as my daily expense)
4. 180k in ASM/ASB (I'm not bumi so the other version)
5. 300g+ in gold necklaces,rings, bracelets (Yeah I actually weighted it cause my dad insist in keeping it at home and I want to force him to put in a safe instead)
6. House in my name (600k+ Value)
7. There are other investments not in the will so the lawyer is still checking with the department of I'm not sure what.
I recently purchased a house around 400k zero deposit and monthly payment is 1.6k shared with my gf. I have a car which is 300 a month commitment other than that nothing else. Therefore my question is for a guy with access to all these funds, might not be a lot to some, what would be the best way to manage is?
What I got:
1. 10k in emergency funds
2. 275k in FD
3. 380k in Unit trust (Pays about 1.5k a month in dividends which I am not sure whether to let it roll or use it as my daily expense)
4. 180k in ASM/ASB (I'm not bumi so the other version)
5. 300g+ in gold necklaces,rings, bracelets (Yeah I actually weighted it cause my dad insist in keeping it at home and I want to force him to put in a safe instead)
6. House in my name (600k+ Value)
7. There are other investments not in the will so the lawyer is still checking with the department of I'm not sure what.
I recently purchased a house around 400k zero deposit and monthly payment is 1.6k shared with my gf. I have a car which is 300 a month commitment other than that nothing else. Therefore my question is for a guy with access to all these funds, might not be a lot to some, what would be the best way to manage is?