Ask Matt: Where should I invest $100K?

April 3, 2015 10:30 AM

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Ask Matt: Where should I invest $100K?

A: Getting a lump sum of cash is a huge help financially. But it can also be a bit of a burden putting all that money to work at the same time.

The first place to start after getting a large sum of money at one time is examining your debt situation. If you’re carrying any high-cost debt, think credit cards, that’s the best place to start. Pay that down. And it’s a good time, too, to make sure you have an emergency fund built. You should hav...

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