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What to do if you come into a financial windfall

Chris from Stockspot outlines nine tips for individuals who receive a financial windfall. He emphasizes pausing to think clearly, defining financial goals, fixing financial foundations like paying off debt, avoiding repeating the same risk level that generated the money, diversifying assets, and not timing the market. He suggests dollar-cost averaging as a strategy to gain confidence in investing gradually.

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Chris from Stockspot outlines nine tips for individuals who receive a financial windfall. He emphasizes pausing to think clearly, defining financial goals, fixing financial foundations like paying off debt, avoiding repeating the same risk level that generated the money, diversifying assets, and not timing the market. He suggests dollar-cost averaging as a strategy to gain confidence in investing gradually.

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