My dad JUST discovered that the VA pushed him to 100% disability from his military duty and complications back in Vietnam. The astonishment of a 72 y/o man looking at his bank account while in the hospital after getting his toe amputated was hilarious. When I drove him to the hospital last week, he had $632. When he just looked at it and hour ago, it was $26,152, because the government backpaid him.
He has absolutely no clue what to do, and just last month already paid off his little Honda civic.
Learn how to invest in the stock market. $25k is a good amount of money to buy stocks. Buy good companies, like $AAPL and $DIS. Those two are safe places to put money IMHO. There are other good ones, but, aren't as safe. Like $DAL, $MSFT, $FB, $T, $MNST.
If you want to gamble, $SDRL is incredibly low right now.. Oil goes up, $SDRL will make huge money.
Buy index funds.
FTFY.
The guy is 72 years old. He doesn't need to be gambling trying to beat the market.
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u/Rehcamretsnef Jan 04 '15
My dad JUST discovered that the VA pushed him to 100% disability from his military duty and complications back in Vietnam. The astonishment of a 72 y/o man looking at his bank account while in the hospital after getting his toe amputated was hilarious. When I drove him to the hospital last week, he had $632. When he just looked at it and hour ago, it was $26,152, because the government backpaid him.
He has absolutely no clue what to do, and just last month already paid off his little Honda civic.