@ TylerDurdenThe2nd - not advice, but thoughts...
It is unclear from your post if you received €10M post tax in a lump sum already or you will be receiving €1M/y post tax every year for the next 10Y plus interest...in addition to your job. Will you keep working? If you did receive a lump sum and you choose to invest it in VWCE, then it's likely that the dividend will be equivalent to pretty nice mid-size manager position salary in Europe.
The money for the house should be in safe short term gov bonds / money market fund (read posts from @daviddem here about EU mm funds) in about the same duration as you are planning to use it. (ie. money in 1Y in 1Y bonds, money in 2Y in 2Y duration bonds etc).
You are probably best suited to discuss this with an advisor that charges an hourly or one-time fee for planning specific to your country of residence.
In Europe generally advisors are tightly wound up with the banks and generally tend to sell very expensive investment products. Be careful.
It is unclear from your post if you received €10M post tax in a lump sum already or you will be receiving €1M/y post tax every year for the next 10Y plus interest...in addition to your job. Will you keep working? If you did receive a lump sum and you choose to invest it in VWCE, then it's likely that the dividend will be equivalent to pretty nice mid-size manager position salary in Europe.
The money for the house should be in safe short term gov bonds / money market fund (read posts from @daviddem here about EU mm funds) in about the same duration as you are planning to use it. (ie. money in 1Y in 1Y bonds, money in 2Y in 2Y duration bonds etc).
You are probably best suited to discuss this with an advisor that charges an hourly or one-time fee for planning specific to your country of residence.
In Europe generally advisors are tightly wound up with the banks and generally tend to sell very expensive investment products. Be careful.
Statistics: Posted by DoctorE — Thu Jul 04, 2024 3:26 am — Replies 5 — Views 821