For those of you who are well off and have plenty of cash or investments, do you use financial advisors to help you figure out where to park your money, or distribute it among different asset classes?
Or do you just do all the homework on your own?
I have some cash sitting in my checking account from my divorce/house sale settlement and a recent bonus payout from my company.
The amount I feel is too much to keep it in a checking account that pays peanuts in interest, but at the same time, too little to put it into real estate.
Or do you just do all the homework on your own?
I have some cash sitting in my checking account from my divorce/house sale settlement and a recent bonus payout from my company.
The amount I feel is too much to keep it in a checking account that pays peanuts in interest, but at the same time, too little to put it into real estate.