81: Net Worth of 1.2M – What Should I do with $200K of Cash?

Millionaires Unveiled

81: Net Worth of 1.2M - What Should I do with $200K of Cash?

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Steve, an entrepreneur in his young thirties, recently received a payout from his tech company. Besides his $200K in cash holdings, he also has $500K in home equity, $200K in the market, and an additional $200K in business equity. Of the money invested in the market, over 50% is invested in the S&P. He discusses his career path in technology and computer science, how equity in a new business works, and concludes with terrific advice on balancing one’s career and family.