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This week’s Money Guy Episode is inspired by an article written by Nick Maggiulli Of Dollars and Data on February 19, 2019 titled “How to Invest a Lump Sum” that talks about what you should do if you suddenly experience a windfall of money.
Maybe you sold a big-ticket item, received an inheritance, sold a business, sold some real estate, or the scratch-off finally paid off. What do you do? And how do you invest your newfound earnings?
As it turns out, we also did a show on this very topic less than a year ago where we discussed whether or not you should take a lump sum or a dollar cost average approach to your investing. So, this week’s episode is a reboot that allows us to apply the same principles to the scenarios laid out by Nick Maggiulli.
Join us for this week’s episode of The Money Guy Show as we build a bridge between the analytics cited in Maggiulli’s article and the financial behaviors that impact your bottom line.
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Check for blindspots and shift into the financial fast-lane. Join a community of like minded Financial Mutants as we accelerate our wealth building process and have fun while doing it.
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If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.
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