There’s no one place you should invest it. Keep some liquid, in a high-yield savings account, for emergencies. Put the bulk of it in a diversified stock portfolio. Add to the portfolio and the emergency account monthly, as well as investing in any available IRA or 401K up to at least the employer match.
Well, I don’t believe you! Quick, tell me where I should invest my entire life savings. Since I know you’re lying, I’m sure to get rich off this.
There’s no one place you should invest it. Keep some liquid, in a high-yield savings account, for emergencies. Put the bulk of it in a diversified stock portfolio. Add to the portfolio and the emergency account monthly, as well as investing in any available IRA or 401K up to at least the employer match.
Pfft. Nevermind. That’s the most ridiculous thing I’ve heard all day, and I talk to myself. So a pretty low bar already.