ANSWERS: 8
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Well my fiance and I have recently had a huge inheritance so we have just instructed the purchase of an amazing house and bought a snazzy new car so I dont feel like we are wasting much if any! Its all good for the future, for the kids and pets that have yet to come..!
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Probably both, I wouldn't want to blow it all at once because you never know what may happen next month(like losing a job or get sick, unable to work) but I would make sure my family has nice things first then probably invest some for later on.
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Both, pay off my new car and invest more towards my retirement.
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It would depend on how much was available. I'd like to pay off my house. That would save me so much in interest payments that it would be a very good investment.
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Since I am young, I would save it that way it can grow into a larger amount.
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I would do both invest some of the money and use some of the money to go visit my grandsons and buy gifts for them.
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Invest.
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I'd invest it diversely and do the nice things for family and myself with the capital gains.
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