So I recently sold a business and ended up with roughly $1,000,000 after tax at the age of 35. I have no debts and I am currently renting.
A Long Term Deposit is a safe option but only returns 5% in Australia and I am reluctant to invest the money in the share market or housing market with the current financial climate.
Should I put it all into a mortgage or an Index Fund and not try and predict the market?? Or should I go with a Managed Fund?? Or abit of both??
What would you do in my position??
Submitted January 15, 2019 at 02:57AM by snowbird10 http://bit.ly/2TKl4L8