[USER]

my wife and I are about to inherit a large sum of money and we are trying to figure out how to invest it.

We live fairly modestly and our house is already paid off.

Which is currently worth about $325k. We have a little over 500k currently invested.

And another 200k in cash reserve funds, about 100k in a hysa.

We are 45 and 47(w).

and the kids are pretty much grown and out of the house.

The lump sum we are about to get is roughly 2m.

What’s do you think the best way to invest this?

Should we invest all at once or DAC it or a mixture

[Ezekiel]

Use licensed brokerages . Buy REITS. REITS paid me good money

[Diane]

If you DCA, it gives you time to educate yourselves more and look at your options more carefully.

That’s what I would do.

I don’t know how many great investment decisions I can make in a single day anyway.

Good luck!

[Philip]

Consider redeployment of some of your cash reserves if they’re not for a planned purpose.

I’m getting 5+% in short term treasuries.

The inheritance, I’d want to discuss.

Investments should be goal oriented for the most part.

Position a portion for future income, put a chunk in the market, and then diversify your income with it through RE holdings or consider REIT.

Too many unknowns to give a direct recommendation.

[Laura]

Sounds like it could be a nice opportunity to pay some of it forward for charity or setup a scholarship.

[Tamara]

Invest in getting financial advice from a trained, experienced, fee-only, professional who doesn’t sell insurance or proprietary products.

[Sneha]

I think you should hire a paid by the hour financial professional. They will tailor the investments per your long term needs.

[Author]

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