How To Manage A Large Sum Of Money

What would you do if you inherited a large sum of money? Do you know how to manage a large sum of money? In this video, I'll show you 5 things you can do to maximize the gift given to you.

Watch And Enjoy!
Mike Fritz

Key Moments In This Episode
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00:00 Intro & Summary
00:35 The Importance Of Source Determining Strategy
01:22 How To Make Decisions Slowly And Consult Trustworthy People
02:09 What Are The Struggles Of Inheriting A Large Sum Of Money
03:12 What Would The Wealthy Do With A Large Sum Of Money
03:54 How To Think Long-Term With Your Large Sum Of Money
05:50 How To Eliminate High-Interest Debt With The Large Sum Of Money
07:17 The Importance Of Meeting Multiple Financial Advisors
08:36 Where To Invest A Large Sum Of Money

What To Watch Next
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How To Manage Your Expenses And Save Money

Resources
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About Mike Fritz
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Mike Fritz is an entrepreneur, real estate investor, best-selling author, international speaker, coach, CEO & Founding Member of Titanium Capital Investments, and founder of Power Up Real Estate, a platform that helps people start in real estate investing, create financial freedom and enjoy the life they designed for themselves.
Currently, Mike is doing a lot of bigger deals, mainly passive multifamily investing. He developed the 10-Week Multi-Challenge, a coaching program that helps people get a property within 10 weeks.

#RealEstate
#MultiFamilyRealEstate
#WealthBuilding

[rndst]

Mike! My wife's father just got 200k. The house is not paid off and is a money pit. All family members are in debt as well. What would be your off the top recommendation? Thanks

[durgeshshravan]

Hey Mike you are a gold mine for teens 🔥🙌💯💯

[MrRepsMrReps]

I dont feel comfortable giving a financial advisor all my money at once. I would prefer to build wealth slowly using a monthly investment strategy and incorporate dollar cost averaging

[Broker-in-Maine]

Mike …great video! Quite Helpful. Also I’m available for adoption if you need a child to leave a small fortune to! 😂😂

[jeremybly]

I understand why you would give some away but in the same breath I don't understand why you'd give any amount away? Unlock there's a tax purpose there. Great video!

[someoneelse]

What do you call "A large sum of money"?

[waterheaterservices]

If you kids don't listen to me, you are going to end up living in a van, DOWN BY THE RIVER!