The best problem to have - investment advice needed, Australian edition
August 6, 2017 11:57 PM Subscribe
We have received an unexpected inheritance in the ballpark of $300k. We've read all the general advice for handling windfalls, and we have no debts, separate retirement savings, no immediate needs really. We just want to park it somewhere for 6-12mo while we figure out what to do longer term...where though? Should we just stick it in a term deposit attached to our bank account, or pick a managed Vanguard fund (does it matter which one?), or something else? As above, we're in Australia. Thank you in advance!