What is the best thing to do with 360k USD? I am 18

What is the best thing to do with 360k USD? I am 18.
No context, I just want advice.

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get a decent education, invest the rest in a targeted retirement fund, 2040 or so. aggressively save and continue contributing to said fund, retire in 15 years once you have $2m

Research XRP, all in.

All in Ethereum

Pretty much this. You could also buy a house after college and invest all the money youd otherwise pay on rent.

Unironically wish i had started doing this 10 years ago

I'm a similar position with close to 400k at age 20 now OP. What I'm trying to do is find relatively safe investments to throw it in and then just work some shitty part time job for extra money and travel with that. I don't have rent to pay or anything and live alone so I'm ok there.

The point is we never have to actually work again. Just wait for the money to go 3x or so in conservative investments over a few years time and that's it.

All in Link. $1000 EOY

Obviously put at least 350k into bitcoin right now in this dip

Buy Opus

>3x or so in conservative investments over a few years time

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I'd put like 20k into Skycoin. Huge rewards, moderate risk.

lol

>3x or so over a few years

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>3x or so in conservative investments over a few years time

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stop mocking this guys estimate of 3x-ing his conservative shitcoin scattershot portfolio! not everyone is an investing genius!!

Go all in with WEED.TO, April 20th or "420" is next week. Buy and hold until the end of third Quarter.

all in on LINK

Out of all replies, this makes the most sense.. I don't want to take any gambles with the market. Especially BTC at this point which is proving to be unreliable. The problem is, I have no HSD or GED atm, so I don't know if a college education would be worth it after acquiring money that I don't want to blow.

Put all into LTC wait 1 year, sell everything at 20% tax rate and be a multi millionaire.

ok so keep selling drugs until you hit $2m, then retire

put all of it but like 50k in a CD

go get hooked on drugs and get some life lessons

once you blow through the 50k, get your act together and make it your mission to get your 50k back

you don't get the rest until you get the 50k back

IOTA

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I don't sell drugs. Call me a fortunate son and go and fuck urselves

Give it to me

fortunate how? your parents didn't love you enough to ensure you graduated HS, now you're going to be all fucked up for the rest of your life. that few hundred thousand isn't going to last forever.

Listen to this and invest in everything you can: youtube.com/watch?v=PUgD1RWw-8w

Third in Crypto
Third in Stock
Third in Cash

Get your GED, then go to a technical school; this is actually fairly cheap. Get a decent job and work for 5-10 years while contributing to your investments and living frugally. Move to low cost of living area and semi-retire once you hit $2MM.

I made about 100x my money in 2017 in crypto. By "conservative investments" I mean more like index funds, stocks, etc. And let it grow over time.

of course it won't. kinda like your flesh and blood. but i see your point, so i guess you're fine..talk is cheap right?

anyways, i meant in my earlier post that i didn't want to invest in crypto because i don't know much about it.. so there's that. i'm almost clueless. i havent spent a dime yet, because i'm still unsure.

Buy at least 10k LINK

gub grog 3x rocks in few year or else !

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.........so my 100x in crypto in one year really was a once-in-a-lifetime opportunity, huh.

Shit.

Ignore everybody on this website

like you?

All in on Omise Go right now and you’ll be a billionaire in 4 years, living off passive income. Despite what the morons on this board will tell you, anyone who has worked in finance or payment processing understands that as long as they don’t fuck this up, they are about to become a world powerhouse that no one is going to be able to compete with.

All in on ETHORSE

All in on OMG.

donate it all to starving africans

You're young so investing your $ is a good idea but look for higher gains and expect to work for a while to at least get out of the house.

He asked for the best thing to do with that cash, not the worst.

60% S&P 500
20% Major Hedge Fund
10% Government Bonds
5% Top Cryptos
3% Crypto Moonshots
2% Education doing some trade of some sort

Depends on where you want to take your life. Like the first reply said, invest in your education. Only you know if a trade or a bachelors degree or some other certification is right for you. What will determine whether you are rich in the end is what you do with the money you earn later on. Will you save and invest, build or buy a business? Or will you lease cars and purchase consumer goods? You're in a similar spot that I was in a few years ago. The first thing to do is purchase a personal finance software like Quicken and get accustomed to accounting and budgeting. If you can learn to stick with a plan and control yourself, you will be ahead of probably 75% of people. Good luck to you.

suck 640k dicks and get a mil

Buy a house near a campus, rent out some of the rooms and live there while you go to school for finance, engineering, or economics.

I unironically wanted to do this in Milan

It seems a great idea

>retire at age 33 with $2m

Hahahaha that's nowhere near enough to retire.

You poorfags have no perspective from down there.