They receive an inheritance
Its odd how when you don't have money, you cant stop dreaming about it and when you do, you keep worrying about losing it. It doesn't have to be that way. We think having extra cash on hand and thinking about different places to invest is a nice problem to have. This is a different scenario from your typical investors. Most people invest a small percentage of their pre-tax salaries in a retirement account on a monthly basis. This is where you take advantage of dollar-cost averaging and compound interest over the long run to become wealthy. On the flip side of the coin, a few fortunate souls get an unexpected windfall. They receive an inheritance, win the lottery, get an insurance settlement or a nice bonus. Rather than let your imagination run wild with different scenarios, lets imagine that you are looking to invest $10,000 to start with. This five-figure some is serious enough to make you start thinking about investing it seriously to generate a return on your money rather t...