[USER]

“I recently sold my secondary home and now have $1 million in cash. I’m trying to decide what to do next with this money. Should I invest in real estate again, put it into stocks or bonds, or keep it in savings for now?

I’d appreciate any advice on how to make the most out of this amount, considering the current economic climate and long-term financial stability.

What are the best options to grow and protect my wealth while balancing risk and return?

[Jorge]

Depends on your age, gender, martial status and life choices, networth and income. Is your main residence paid off?

[Bethany]

Something that gets a 15 percent return annually. Then you’ll double your money in five years.

[Watson]

I’m curious, why not have a plan before the sale?

what to do with that money just put it into an account and don’t tell anyone.

Figure it out then do something with it. Be careful there are scammers who will capitalize on your lack of a plan.

[Roberto]

Keep the money in the bank the market are going to fall soon.

[Mark]

I do a third long term a third day trading and a third value/momentum

[Kate]

Whatever you do I.e. putting aside for taxes and what not, please remember to buy yourself something.

[Bradley]

1031 exchange, buy something else that generates income. Defer capital gains taxes!

[Jo]

Put your tax money aside in a high yield savings account. Pay off all debt.

And put the rest in a different high yield savings account or two keeping in mind what FDI FDIC will cover and earn interest on it until you know what your plan is for this money.

[Paul]

Open the Fidelity account. Move it into Fidelity. Put 1/3 on VOO. Put 1/3 into FTEC. And put 1/3 into BRKB. And then never look at it again.

[Author]

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