I inherited $400K that’s now worth $900K — everyone says I should buy a home, but am I better off staying a renter?
For years, people have been telling Lucy to buy a home
And she can certainly afford to. Seven years ago, she inherited about $400,000. Instead of spending it, she invested the money and left it alone.
Today, that inheritance has grown to roughly $900,000, thanks to a strong stretch in the markets. But at 28, Lucy isn’t convinced buying property is the obvious next step. Must Read She isn’t someone sitting on a six-figure salary wondering what to do with extra cash.