u/WC0514

I inherited 30k from a death trust I got when i was 16. Long story short I just got the money, but a couple months ago I was asked by my dad to come live on a sailboat with him for who knows how long starting this December/January. He’s well off financially so he already said he’ll pay for all cost as long as I’ll pitch in here and there for grocery’s or something. He did say I will need my own money to fund my own habits/ hobbies (ex. A new surfboard or going to a restaurant instead of eating on the boat). What’s the best way I could invest this $30-$35k plus whatever I can save in the next 6-8 months to give a decent return of a couple hundred bucks a month maybe even $1k. I bring home around $5k a month right now living in an apartment and pay around $1600 a month in living expense and have about $13k in debt right now which is mainly a car and about $1k on credit cards. I know I can pay off that debt with just my income alone by living frugally so where can I dump this $30k to let it grow and reinvest into itself to give off profitable dividends when I’m living on the boat. Any tips, advice, jealous hate comments welcome!

EDIT: I invested $3,000 into a VFIAX fund couple months ago as well so already have that

EDIT 2: Thank you guys for the recommendations! I definitely have some homework to do and will definitely be looking into many of the stocks you guys listed. I hope all goes well for you guys also!

I inherited 30k from a death trust I got when i was 16. Long story short I just got the money, but a couple months ago I was asked by my dad to come live on a sailboat with him for who knows how long starting this December/January. He’s well off financially so he already said he’ll pay for all cost as long as I’ll pitch in here and there for grocery’s or something. He did say I will need my own money to fund my own habits/ hobbies (ex. A new surfboard or going to a restaurant instead of eating on the boat). What’s the best way I could invest this $30-$35k plus whatever I can save in the next 6-8 months to give a decent return of a couple hundred bucks a month maybe even $1k. I bring home around $5k a month right now living in an apartment and pay around $1600 a month in living expense and have about $13k in debt right now which is mainly a car and about $1k on credit cards. I know I can pay off that debt with just my income alone by living frugally so where can I dump this $30k to let it grow and reinvest into itself to give off profitable dividends when I’m living on the boat. Any tips, advice, jealous hate comments welcome!

EDIT: I invested $3,000 into a VFIAX fund couple months ago as well so already have that

EDIT 2: Thank you guys for the recommendations! I definitely have some homework to do and will definitely be looking into many of the stocks you guys listed. I hope all goes well for you guys also!

I inherited 30k from a death trust I got when i was 16. Long story short I just got the money, but a couple months ago I was asked by my dad to come live on a sailboat with him for who knows how long starting this December/January. He’s well off financially so he already said he’ll pay for all cost as long as I’ll pitch in here and there for grocery’s or something. He did say I will need my own money to fund my own habits/ hobbies (ex. A new surfboard or going to a restaurant instead of eating on the boat). What’s the best way I could invest this $30-$35k plus whatever I can save in the next 6-8 months to give a decent return of a couple hundred bucks a month maybe even $1k. I bring home around $5k a month right now living in an apartment and pay around $1600 a month in living expense and have about $13k in debt right now which is mainly a car and about $1k on credit cards. I know I can pay off that debt with just my income alone by living frugally so where can I dump this $30k to let it grow and reinvest into itself to give off profitable dividends when I’m living on the boat. Any tips, advice, jealous hate comments welcome!

EDIT: I invested $3,000 into a VFIAX fund couple months ago as well so already have that

EDIT 2: Thank you guys for the recommendations! I definitely have some homework to do and will definitely be looking into many of the stocks you guys listed. I hope all goes well for you guys also!

I inherited 30k from a death trust I got when i was 16. Long story short I just got the money, but a couple months ago I was asked by my dad to come live on a sailboat with him for who knows how long starting this December/January. He’s well off financially so he already said he’ll pay for all cost as long as I’ll pitch in here and there for grocery’s or something. He did say I will need my own money to fund my own habits/ hobbies (ex. A new surfboard or going to a restaurant instead of eating on the boat). What’s the best way I could invest this $30-$35k plus whatever I can save in the next 6-8 months to give a decent return of a couple hundred bucks a month maybe even $1k. I bring home around $5k a month right now living in an apartment and pay around $1600 a month in living expense and have about $13k in debt right now which is mainly a car and about $1k on credit cards. I know I can pay off that debt with just my income alone by living frugally so where can I dump this $30k to let it grow and reinvest into itself to give off profitable dividends when I’m living on the boat. Any tips, advice, jealous hate comments welcome!

EDIT: I invested $3,000 into a VFIAX fund couple months ago as well so already have that

I inherited 30k from a death trust I got when i was 16. Long story short I just got the money, but a couple months ago I was asked by my dad to come live on a sailboat with him for who knows how long starting this December/January. He’s well off financially so he already said he’ll pay for all cost as long as I’ll pitch in here and there for grocery’s or something. He did say I will need my own money to fund my own habits/ hobbies (ex. A new surfboard or going to a restaurant instead of eating on the boat). What’s the best way I could invest this $30-$35k plus whatever I can save in the next 6-8 months to give a decent return of a couple hundred bucks a month maybe even $1k. I bring home around $5k a month right now living in an apartment and pay around $1600 a month in living expense and have about $13k in debt right now which is mainly a car and about $1k on credit cards. I know I can pay off that debt with just my income alone by living frugally so where can I dump this $30k to let it grow and reinvest into itself to give off profitable dividends when I’m living on the boat. Any tips, advice, jealous hate comments welcome!

EDIT: I invested $3,000 into a VFIAX fund couple months ago as well so already have that