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How Should You Plan Your Next Investment? You have your budget in place, a cash cushion built and a retirement fund set up -- now what?

By Brittney Castro Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

You have your budget in place, a cash cushion built and a retirement fund set up -- now what?

In this episode of Financially Wise Women, Entrepreneur Network partner Brittney Castro discusses what should be your next steps. It starts with figuring out what you're most interested in, she says.

Take a portion of your money -- no more than 5 percent of your portfolio, she advises -- and invest in something you're interested in, such as startups, real estate or perhaps a couple of individual stocks. These investments can be risky though, so always talk to a financial planner, Castro warns.

Watch the video to find out where you should invest your money next.

Watch more videos from Financially Wise Women's Brittney Castro on her YouTube channel here.

Related: How to Build a Cash Cushion on a Limited Budget

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Brittney Castro

Founder and CEO of Financially Wise Women

Brittney Castro is the founder and CEO of Financially Wise Women, a Los Angeles-based financial planning firm whose mission is to teach women and couples in their 30s and 40s the art of managing their money the fun and simple way.

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