A listener writes: I have recently been gifted $220,000 and I want to wisely invest it! I obviously want the best of all worlds and would like the money to earn money AND be able to easily and safely without penalty withdraw funds when needed.

This episode walks through immediate action steps plus Roth IRAs and alternative accounts.

Q&A: How Do I Wisely Invest a $220K Gift?

How can I wisely invest $220,000 to earn money while being able to easily and safely withdraw funds without penalty?

Listener's Investment Dilemma

Opportunities and Pitfalls of Windfalls

Immediate Actions for Windfalls

Mental Accounting with High-Yield Accounts

Importance of Inner Work Before Financial Decisions

Investment Strategies: Roth IRA and Beyond

Conclusion and Listener Engagement

The Women’s Investor Community is a place to ask all the money and finance questions - especially the ones that feel hard, embarrassing, or complex. 

It's a place to get well-researched, forward-thinking investment ideas that move the world to a better place. And it's a place to let your guard down - to finally feel like you can live in your authenticity AND be financially successful.

If you have a personal finance question, please feel free to get in touch at www.dianarichey.com.

About the Host: 

Diana Richey is a nationally recognized personal finance expert. She is passionate about helping people take control of their finances and invest in conscious companies. As a financial planner and tax lawyer with over two decades of experience, she has worked with individuals and represented multinational corporations on everything from sustainable investing to international tax planning to charitable giving.

Diana earned a B.A. with honors from The University of Chicago and a J.D., cum laude, from Boston University School of Law. She is a Certified Financial Planner (CFP®), Project Management Professional (PMP®), trained mediator, and FINRA arbitrator. She sits on the Board of Nature and Culture International, a 501(c)(3) dedicated to preserving wild places.

She lives in Jackson Hole, Wyoming with her husband, young son, and dog.

LEGAL, INVESTMENT AND TAX NOTICE: This information is not intended to be and should not be treated as legal advice, investment advice or tax advice. The reader should under no circumstances rely upon this information as a substitute for obtaining specific legal or tax advice from their own legal or tax advisors.