How to Invest a Large Amount of Money

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How to Invest a Large Amount of Money – This is a place for the community to provide tips and advice on How to Invest a Large Amount of Money. This topic was created by Jos Veestraeten and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - Investing for Life: What to do when you receive a windfall

Published: 9 years, 3 month(s) ago | Submitted by Blanca blaney | permalink

Getting an inheritance, severance check or other big pay out? Here are pointers on how to handle lump sums of cash

For further reading: http://www.cbsnews.com/news/what-to-do-when-you-receive-a-windfall/ ^[1]

Tip 2 - I've come into a large amount of money. Should I invest it or pay off my mortgage?

Published: 9 years, 3 month(s) ago | Submitted by Michael Hinds | permalink

There is no simple answer to this question as it depends on a number of key factors, namely the aspects or criteria of your mortgage and investments. By illustrating these factors you'll be better armed to make this choice. The question boils down to: Which of these - the investment or the mortgage repayment - takes greater advantage of the money you received?A mortgage payment contains two aspects - the repayment of principal and the interest expense - that is charged by the financial institution holding your mortgage.
Tags: mortgage,debt,investment,mortgage repayment,interest expense,risk tolerance,expected return,wm-investments,wm-personal real estate

For further reading: http://www.investopedia.com/ask/answers/05/052205.asp ^[2]

Tip 3 - 5 Smart Steps to Manage a Financial Windfall

Published: 9 years, 3 month(s) ago | Submitted by John Greaber | permalink

Figuring out how to manage a windfall sounds like the kind of problem we'd all like to have. Sadly, though, an unexpected payout—whether from an inheritance, a lawsuit settlement or a lucky lottery ticket—can create a world of problems. Shady financial advisers may shower you with dubious investment schemes. Long-lost relatives could reappear with hard-luck stories. You might be tempted to quit your job, buy a more expensive house or make other costly decisions that could make your jackpot quickly disappear.
Tags: inheritance, windfall, Sandra Block, William Hammer, MassMutual Financial Group, Room to Breathe, tax-deferred retirement plan, General Motors retirees

For further reading: http://www.kiplinger.com/article/saving/T023-C000-S002-5-smart-steps-to-manage-a-financial-windfall.html ^[3]

Tip 4 - The Best Way to Invest a Big Chunk of Cash

Published: 9 years, 3 month(s) ago | Submitted by Mark Beaubouef | permalink

Whether you want to invest a 401(k) or IRA rollover, a tax refund, an inheritance, or you win the lottery, there are a few smart ways to best manage a large amount of cash, no matter what the stock market or economy is doing at the time.

For further reading: http://mutualfunds.about.com/od/wheretoinvest/a/How-To-Invest-A-Lump-Sum.htm ^[4]

Tip 5 - Tips for investing a large lump sum of money

Published: 9 years, 3 month(s) ago | Submitted by hans radek | permalink

What's the best way to invest a large lump sum of money? John Edwards has some suggestions.
Tags: Money,John Edwards

For further reading: http://www.theguardian.com/money/2007/may/25/finance ^[5]

Tip 6 - Best Ways to Invest a Large Sum of Money

Published: 9 years, 3 month(s) ago | Submitted by Mike Heimos | permalink

Line up 50 humans and each one might have a different definition of "a large sum of money." For some, it's a modest lottery winning or IRS tax refund. For others, it's Grandma ...

For further reading: http://budgeting.thenest.com/ways-invest-large-sum-money-4394.html ^[6]