Updated over 10 years ago on . Most recent reply
$50,000 in cash...What to do?
I was planning on beginning my career with FNF using my 401K savings by using a ROBS with Benetrend.
However, I found out my plan won't allow that....so I have $50,000 in cash and need some guidance how I can start?
I don't know who to contact, but I live in Phoenix area and am thinking to start with a condo but will need some financing.
Just sold my primary residence so no debt, good credit and will be living in my condo which I own free and clear.
Looking for advice......
Most Popular Reply
my first suggestion would be stop advertising you have X amount of $$$ publicly.
Determine what you want to do, then research based on your wants and needs without the $$$ being a publicly made fact.
Snakes will come out of the woodwork if they smell someone with $$$ and not sure what to do with it.
Consider re-asking the question: where is your investing dollars getting the best bang here in Phoenix etc.... No mention of $$$
In the meantime, connect with a lender, interview realtors and look to get referrals to financial planners, tax/estate planners. Leave the fact that you have X$$$ out of the equation either initially or all together. We're all humans, the responses you get will vary if people know this about you. It will go from serving you to serving themselves.