I'm 25 and have 65,000 USD in the bank, what should I do with it?

PackManBrainlure
PackManBrainlure

I'm 25 and have 65,000 USD in the bank, what should I do with it?

Skullbone
Skullbone

Buy golden kneepads and bacon taste lip balm.

Burnblaze
Burnblaze

Want to be my financial adviser?

CodeBuns
CodeBuns

You can't do anything with it. It's a gift and a curse. You could spend it on something luxurious but outside of the brief dopamine release, all that will do is remind you truly just how little you have.

You could be like every other idiot and "invest in the stock market". Go open up a vanguard, join /r/investing, and find some good xD funds to track

Just keep your wealth as cash and become a miserable fuck instead as it loses 2%-3% in value year over year.

Nojokur
Nojokur

buy ethereum

Spazyfool
Spazyfool

retirment, mutual funds, buy real state

takes2long
takes2long

Finance an artist on patreon... more like hire one yourself and start producing trash indie video games for lucky cash.
Get the attention of youtubers to give you advertising for free.

Place about 3000 in cryptos. 1 of them is sure to fire up at least 100x times like Nautilus.

Buy a truffle farm, those are cheap. In 5 years you'll have truffles worth 5-250k each depending on the truffle's size, smell, quality.

Give it to a poor sap with a high level of morality and a lot of intelligence and imagination to put it to good use. His morality will eventually force him to give back half of all his earnings to you.

TreeEater
TreeEater

Dam how to get rich for dummies

Dreamworx
Dreamworx

Convert it to Australian dollars, then it will be $84760 and it will look like you have more money

Harmless_Venom
Harmless_Venom

wait what if you kept doing this? could you get unlimited money from this? or is there a limit on how much you can convert?

Soft_member
Soft_member

I don't believe there's a limit

Just keep converting it and you can continuously impress your friends with how much money they think you have

happy_sad
happy_sad

Get robinhood
invest all your money into $TGD

lostmypassword
lostmypassword

$MGT

Methshot
Methshot

Put all $65,000 in Trumpcoin.

Spazyfool
Spazyfool

Wait until the crash, then divide it and put like 5K in each share. Also reserve 10% in physical gold coins. Go for security in case you accidentaly invest in a company like DB and bust a nut.

If one breaks, the other ones can still save your losses.

Literally divide et impera, user.

Crazy_Nice
Crazy_Nice

We're basically in the same shoes OP. I have about $45k invested in AAP (advance auto parts) $5.5k in corporate and government bonds, and the rest is cash. I'm going to look into buying a $300k house in the next couple years.

Sir_Gallonhead
Sir_Gallonhead

convert it to gook pesos.
3,136,347.50 is a lot user

Lunatick
Lunatick

Put 50k into a seed company that you believe in in exchange for a 20-30% equity.

Soft_member
Soft_member

It will still be worth as much as it is in american dollars you retard

RumChicken
RumChicken

this

/thread

w8t4u
w8t4u

Cover it in cheese chicken onion black bean and nuke it for about 80 seconds.

Tell us how money nachos taste.

takes2long
takes2long

MONEYNACHOS! MONEYNACHOS! MONEYNACHOS! MONEYNACHOS! MONEYNACHOS! MONEYNACHOS! MONEYNACHOS! MONEYNACHOS! MONEYNACHOS! MONEYNACHOS! MONEYNACHOS! MONEYNACHOS! MONEYNACHOS! MONEYNACHOS!

Do it pussy!
It takes money to make money

CouchChiller
CouchChiller

Real estate. Gold. Only two real assets.

Sharpcharm
Sharpcharm

It's more than enough to have in a bank in terms of living expenses. You are likely losing money even with interest because inflation is about 2% every year. Banks rarely pay above that. What you ought to do is keep enough to live (minimum, no luxury) if you are unemployed for 6 months. 20k maybe. Then build up a portfolio out of physical metals, crypto and forex, commodities, stocks, and bonds. Then leverage according to the covariance in order to reduce risk and increase the gain. Wait for a good investment opportunity to start spending your built up cash. If you don't find one, re-invest. The S&P 500 isn't as secure as some of the dipshits will tell you, and it's not always 8%. Try and keep a good amount of your stocks in small stocks but always diversify. Small stocks are the most profitable. You're welcome. I just set you for the future instead of telling you to buy kneepads or invest in a section 8 housing nightmare like others on this thread.

BTC : 1CrWnjNCS7ohKuEhFmnzTeFpE5jjRr8h6i

Snarelure
Snarelure

PS. This btc address is good for 24 hours only.

Skullbone
Skullbone

100% VOO, anything less is a meme answer.

whereismyname
whereismyname

VTSAX or a competing fund from other brokerages

etf's are annoying

Gigastrength
Gigastrength

SWHC - INTC - SLV - AA - AMDA

Gigastrength
Gigastrength

Buy all the CHK you can, then sell covered calls on it. Congrats, you now make 100k a year.