Investing, next steps...

[Jessica4585]

Hi everyone, I am looking for some inspiring advice...

I am retiring in a few weeks, woohoo! I have only one child left in last year of high school.

I am about to settle on the sale my last property. I have had property (IP's and PPOR both overseas and in Australia) for the last 20 or so years.

So I am 49yo (how did THAT happen?! ), will have no property assets (just some shares and self-managed super), no debt and approx $6 million cash to invest.

Previous investment experience has all been residential property. Very little success with shares.

I have somewhere to live, so no pressing need to buy another PPOR yet. I will do that after I have set up investments.

Looking at commercial property and shares - despite previous track record! I am keen to generate an income to continue re-investing. I have been to property seminars, read investment books, watched Youtube vids, I listen to financial and property podcasts, seen financial advisor etc.

I am after other real world suggestions, advice and ideas from other peoples experiences and perspectives. I would appreciate anyone's input, what would you do?

Thank you!

[Amberayz]

I think it would be a good option to start with an independent study of the market, then you can attract a specialist for the first investments and trading on the stock exchange

[AlexYasko]

Have you considered alternative investments such as private equity, real estate crowdfunding, or cryptocurrency? These options may be worth exploring to see if they align with your investment goals.
In terms of shares, have you considered index funds or exchange-traded funds (ETFs)? These options offer diversification and lower fees than actively managed funds.
I also came across an interesting article that may be helpful in your decision-making process. It compares the benefits and drawbacks of MetaTrader 4 macd MetaTrader 5, which could be relevant to your training needs. The link is https://fbs.com/blog/metatrader-4-vs-metatrader-5-which-is-better-in-2022-304.
Best of luck with your investments, and congratulations again on reaching this exciting milestone!