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What should i do with large lump sum of money after sale of house?

Put it in a savings account · Pay off debts · Increase your stock portfolio · Invest in real estate · Supplement your retirement with annuities · Purchase permanent housing. In addition to finding the right savings option, you can also consider using the proceeds from the sale of your home to pay off outstanding debts, such as credit card balances. With a money market, you can still use cash in case you find a home and need to make a deposit quickly. If you're actively looking for housing and need access to cash quickly, Gold and Silver IRA Companies offer a gold-backed Roth IRA as an ideal option for investing in your future. Another option to consider is investing in a gold backed Roth IRA, which can provide stability and diversification to your retirement portfolio. Investing in a gold-backed Roth IRA can provide you with the security of a long-term investment while also giving you access to the funds when needed. With a gold-backed Roth IRA, you can benefit from the security of gold while still enjoying the tax advantages of a traditional IRA. Investing in a gold-backed Roth IRA can provide you with the security of a long-term investment while also giving you access to funds when needed.

If you want to invest money after selling a home, it's wise to talk to a wealth management professional and describe your short- and long-term goals. If you're not ready to buy again, you'll need a strategy to help you manage your money after selling a home.