No. of Recommendations: 10
I have recently inherited in excess of $1 million. How do I invest these funds?

Very carefully. You don't provide any information about your circumstances, so I won't offer any details, other than to suggest that you not seek the help of a financial advisor, who almost certainly will screw you. I would open an account with Vanguard and put the money in the MM fund. I then would get a couple of books on investing, and I'm sure others will recommend a few. Anything about the philosophy of John Bogle (Vanguard) would be good reading. After reading, I would decide on an allocation between equity funds and fixed assets, which will depend on your age and circumstances. Once this is done, I then would decide on specific Vanguard fund. I would put at least $100K into the selected funds, as this will further reduce your expense ratio via Admiral status. I would suggest you get comfortable with a buy and hold philosphy, which will save you fees and aggravation, plus it will make you much greater returns over time. Good luck.
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