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Reply to "What should do with a $400k influx of money?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Agree depends on your debts/needs/other financial goals. Me, I’d use it as a downpayment for a house first, 529s second. But I have a friend who would pay off her student loans with a huge sigh of relief.[/quote] Yes, it really is impossible for us to give you advice with so little information. Bogleheads has a nice blog post on what to do with a windfall.[/quote] Here is the article the PP mentioned: https://www.bogleheads.org/wiki/Managing_a_windfall I’d stick it in 3 HYSA while you debate. 3 because of the FDIC coverage, high interest rates, ease of moving it into other vehicles when you’re ready.[/quote]
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