This week we cover a listener question about how to handle an inheritance of $850,000. Jason recently dropped the question in our mailbag after receiving the inheritance unexpectedly. He and his wife are in a stable financial situation and aren’t sure what to do next. Grant shares his thoughts on what the couple should do.
We also review an article in The Atlantic covering whether monetary policy actually works in practice, and the presidential debate after a relatively quiet week in the markets.
Show Notes
[01:50] Markets in a Minute – Stock Market review
[03:50] Article of the week – The Atlantic’s article on ‘how the interest rates work.’
[07:00] A robust planning process – Grant recommendations for investing when you inherit unexpected money.
[12:06] Financial objectives – Grant explains how to consider your financial objectives before investing in inheritance money.
Resources
The Federal Reserve’s Little Secret
theatlantic.com/ideas/archive/2024/06/interest-rates-inflation/678802/