Takeaway: Most people dream of
large financial windfalls that will help that take care of their loans in one day.
Not exact matches
New York State will begin 2015 with the
largest one time
windfall budget surplus since the end of World War II, due to settlements with major banks after the
financial crisis.
New York state will begin 2015 with the
largest one - time
windfall budget surplus since the end of World War II, due to settlements with major banks after the
financial crisis.
The only real scenario when I can see professional
financial advice being practical is a situation when someone receives a
windfall, and hasn't had to invest
large sums of money before.
Short of a
financial windfall — like a
large inheritance or winning the lottery — you'll need to make a conscious effort to spend and save wisely if you want to build wealth.
When anyone asks about investing a
windfall — or any
large sum, such as a 401 (k) or IRA rollover — advisers and the
financial press often recommend dollar - cost averaging, or investing the new money a little at a time.
Let's say you have enough for all of the prudent
financial planning we've talked about, but you've also dreamed of leaving a
large windfall to your alma mater, your favorite charity, or a museum.
Use a
windfall If you've received an annual bonus at work,
large tax refund or other
financial windfall, putting it toward your mortgage can take a few years off a mortgage.