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500k to invest with retirement needs already met

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500k to invest with retirement needs already met

   

I am 41, my wife is 36, and we have two little kids. We are both from very modest backgrounds and have no real knowledge about money. Her business has done really well- don’t ask me how!- and over the last few 2 or 3 years we have been able to save a lot of money since we live pretty simply, and we now have $1.8 million in Fidelity. I don’t use any advisor services, but we have about two-thirds of it in a mutual fund that tracks the S&P 500. I see a lot of financial advice for books telling you how to make money, but I don’t see many telling you what to do if you have made some and what to do with it.

Question: If I have about 500k to invest, without having to worry about my future needs, what should I do?
Date: Aug 13, 2016   


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