How do I manage it in a smart way? I am a retard and the first idea was to simply try to minimize spending and use it as salary. Should I divide it and invest a portion in something, other portion in 6 months of salary, and other part in starting a business?
I heard people that win the lottery lose it all because they do not know how to *manage* money. I also heard that if we gather all the money of the world and redistribute in equal parts to every person of the world, in some time it will end again in the hands of the rich.
this. LINK gets your mega rich, buy properties and live off rental income.
Hunter Bennett
Half physical silver if prices are reasonable to spot. Sell half when it hits $50
Other half in cash to buy high yield (6-10%) dividend paying stocks when the US market crashes
This will permanently supplement any future income that u need Ur welcome
David Baker
Dont listen to anyone on this board. Dont buy crypto Dont buy precious metals
Joshua Jackson
This. Rental income is the easiest low risk way to invest money and get good returns, and if the shit hits the fan you can go and live in your investment. Goldfags btfo. Work out how much money you need to rent a nice place somewhere you want to live with plenty of walking around money, then buy property with a rental return of 110% this. Don't invest in stocks, that's the bubble that institutional money is getting into crypto to avoid. Find somewhere safe to park the rest
Thomas Anderson
Wait for the markets to cool a bit, then invest the majority of it in various sources. If you don't want to micromanage, put it in ETFs or mutual funds.
First, though, invest in yourself. Get yourself a trade skill or an education, something you can leverage for the future to better your earnings.
