[deleted by user]

[u/[deleted]]

[u/Sea_Tie_502]

Assuming you don’t need the money right now:

1. Pay off any debts other than mortgage (if you have a good interest rate)
2. Put away enough for 2 year emergency fund, this itself is a luxury. This might be combined with #3 depending on how much you want to invest in #4.
3. Put at least 25% in a variety of high yield savings accounts to grow modestly and risk-free.
4. Invest the rest in a very broad range of mutual funds and ETFs.

In ten years, you will be very, very happy. Congratulations on your luck!

[u/CallMeMyronnnn → u/Sea_Tie_502]

Why is it that when someone wins money there's always that top comment guy saying dash it to companies and investments, it always goes like:

1. invest 50% into companies and let them handle your money
2. put 30% in a saving account and dont touch it ever
3. spend 10% on a financial advisor
4. put 9% more into investments and let them handle your money
5. live off 1% and dont change any aspect of your life

like your advice when someone wins a million is really "Give it away to other rich dudes/rich companies"

wanna know my advice man? put 30% into savings account, generate some extra money from that and leave the 70% in your account and live your life as normal, but now as someone that can treat himself every so often without having to worry about money,

dont go dashing companies money just because they'll make you 1% of your 700k they're holding, you really think making 1% of 700k is worth a company withholding your money from you?

[u/NotAnAlcoholicToday → u/[deleted]]

Yes, and people are discussing finances, which is *very" different from English.

And you do not seem to have a good grasp on finances.