Figure out what is it that you wanna use the money for. If you don’t have a home, might be handy to use that as a downpayment. You’ll get some returns from pro

Figure out what is it that you wanna use the money for. If you don’t have a home, might be handy to use that as a downpayment. You’ll get some returns from property appreciation over time (though there’s always a chance property prices will go down). If you don’t have emergency savings that give you enough runway in case you lose your main source of income, consider a low-interest savings account and put enough in there to make you comfortable you can survive (enough to cover 3/6/12 months of living expenses- up to you to figure that out). you’ll have to accept inflation will eat it away, but such is the life in europe. There’s no real financial instrument with good yield and low risk around here. If you got all that covered, no debts, no short term plans to buy property, I would dollar cost average into some form of investment (e.g. etfs). IMO DCA is a good strategy right now because the markets are fluctuating a lot and it looks very likely there will be a global recession. You get to take advantage of falling prices to push your avg price down. Something like buying 1-2k per week should work well, but mind broker fees