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Updated almost 6 years ago on . Most recent reply

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Ricardo Fainsilber
  • Investor
  • Belvedere Tiburon, CA
12
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41
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What would you do with a million?

Ricardo Fainsilber
  • Investor
  • Belvedere Tiburon, CA
Posted
I’m expecting a liquidity event and I’m considering where and how to invest next. I’m curious about opinions of how you would invest with such cash soon. Thanks in advance!

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Mike Dymski
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
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Mike Dymski
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
Replied

I'd recommend taking about six months to read books, blogs, and posts, listen to podcasts, and speak with investors to gain an understanding of options and see what best fits with your goals and personality.  Figuring out a passive stock/bond market portfolio can be done in days...determining how to invest in businesses (which is what a properties are) takes a lot longer.  Some real estate investors have been in the business for a long time and still regularly vet and change strategy as the market or their experience changes.

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