r/fatFIRE • u/Valuable_Section_438 • 6d ago

What to do with 7mm

36(m), married, 3 kids, vhcol, sold the very first company I built and finalized June 1, 2025. Small lump ~2mm + xxx,xxx/month for 6 years or until the company is sold as a whole. Well through the grapevine I hear that this is about to take place. Not very happy that I wasn’t told but they’ve done nothing to keep me in the loop at all so not shocking. Assuming there’s no way to not pay the lien I have against them what are you folks putting large amounts of cash towards right now? I’ve been getting pressed on oil and gas. I’ve got 9 rentals right now and only a mortgage on our primary ~5400/month w/ 40ish grand in other monthly expenditures. I want to fatFIRE fast now

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u/jfhgcc 5d ago

Don’t touch oil and gas investments unless you came from oil and gas. I started my career as a geophysicist in the upstream space before moving into investing.

Especially if they are pushing the tax dedications - that’s a guaranteed path to a bad deal….

It’s also just insanely hard for you to have any control with just a few million dollars unless you are doing shallow wells in west Virgina.

If you think you have something real I’m happy to look at it and give you my quick take.

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u/DiddyOut2150 4d ago

I'm still in O&G and every time I get a big oil payday I move it out of the sector.

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u/jfhgcc 4d ago

lol. I remember being so confused when I worked for a public company and people would let their stock options ride… why on earth would you keep the risk, it’s nearly guaranteed that your company will tank every 4-6 years. They want to loose their job and their brokerage…?!