🔺 r/personalfinanceuOuiBaguette007·76 days ago
Advice on lump some of money received
Long story short I was gifted 2.7M USD by my father. He told me not to invest it and instead put it in a time deposit at the bank. The rates are current between 4.4-4.8% net depending on the tenure. I’ve been doing this for the past 9 months. Since I am young I always have the thought in the back of my mind that what if I am missing out on the stock market? Is the return I am getting good enough to warrant not having anything in the stock market? Or should I take 100-200k and pur it in broad ETFs? Any advice is helpful. I didn’t expect to have such a lump sum given to me at once and I am scared of investing it submitted by /u/OuiBaguette007 to r/personalfinance [link] [comments]