Just cashed out for 2M. What now?
inerte: Here's what I would do if I got 2 millions reais (I am brazilian ;)- Pay some debt close family members have (parents, brothers)- Buy an apartment, in the same price range I've been looking for in the last couple months (150k tops). Would not buy something more expensive, "just because I can";- Put everything else in the bank. 80% in the most conservative investment the bank has. 15% on middle stuff;- Travel the world for several months, maybe a year;Then come back, and look at the money again.I think one of the most important things you should do, is simply to not spend much money in the near term. 2m is lot, but it's not enough to live like James Bond. You can't sustain a lifestyle of champagne with hookers while cruising the Mediterranean on yatches. Not for more than 6 months anyway.Going for a 600k house also looks dumb to me. Or anything else too expensive that you wouldn't buy if you didn't had the 2m. Like a Ferrari.You've gotta give time to adapt to your new richness ;) You've gotta understand that you simply aren't used to have a lot of money. Not that I am personally... but I have read stories about lottery winners going to Vegas or blowing all the money on frivolities just because they now can do it. It's the last thing I want to happen to you!And congratulations :)