What Should I Do with $500,000 of Cash? | Ask Clay Anything

Show Notes

A Thriver who has experienced massive growth this year asks, “What should I do with $500,000 of cash?”

Bags of cash

FUN FACT: Why 96 Percent of Businesses Fail Within 10 Years – While there may be many contributing factors, there is only one reason businesses fail. Here’s what you can do to prevent your business from closing its doors.

  1. Real Estate
  2. Stocks and Bonds
  3. Other Businesses
  4. Gold
  5. Cash 

FUN FACT: $1.7-billion payment to Iran was all in cash due to effectiveness of sanctions, White House says – https://www.latimes.com/nation/nationnow/la-na-iran-payment-cash-20160907-snap-story.html

FUN FACT: “The Nixon shock was a series of economic measures undertaken by United States President Richard Nixon in 1971, in response to increasing inflation, the most significant of which were wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold.” – https://en.wikipedia.org/wiki/Nixon_shock

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