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Updated over 4 years ago,

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Phil Richards
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Single Coloradan with 100k. Invest? Buy? Move?

Phil Richards
Posted

All my expenses are about $900 per month (includes renting a room). No debts. Single, no dependents. I am in the Denver area, CO. What should I do? I have a little over 100k on my bank account and currently live off my savings. My income is not regular; 1–2 year contracts in IT ($$40-45 per hr), but can be sitting without work for up to eight months easily.

Thinking about getting a place of my own or investing for stable and passive income (being a realist, I am not expecting fancy cash flows)… Pretty open to moving to another (cheaper?) state. Any other ideas? Thank you.

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