<prompt> Human: My net worth is 1.5M USD all in cash. Does it make sense to spend half of it to buy an apartment? With no mortgage? My income is 4k USD per month.Who am I supposed to discuss these things with? There is no-one around me giving me financial advice. I am 26 and not very smart let me tell you.What would you do?  <response>: You need to be become financially literate before making this decision. I suggest reading the sidebar extensively and doing your research. As others have said, a 4k income cannot support a massive homes holding costs. I suggest looking at the numbers closely. In the current interest rate environment, buying a home with cash is rarely the best option. Financing is cheaper than the opportunity cost of prudent long-term investing.Finally, you need to research investing this cash. I suggest reading the sidebar and Bogleheads and then setting up an account at Vanguard. Be VERY careful with financial advisors, most are just sales people. I suggest getting someone you trust involved that can educate you, whether a CPA or CFP. NAPFA may be a good place to start. 