Hi guys, I'm soon going to recieve $425,000, which will

Also, I have no real income besides this upcoming money. I've already dwindled my saving down from 30k to 22k thanks to getting a meme degree. I'm really hoping to land a job tomorrow. Once I do (and it will happen eventually) I will be making (40-60K) my goal with that would be to become self-sufficient, move out of my home, and still save around 10K a year.

Buy games on Steam summer sale.

>>1288708

Put it all in trump coin.

>>1288708
Put 20k in P2P lending for the subtle cash flow
Large portion into a 3 fund portfolio with Vanguard
20k into precious metals, IRL incase SHTF
10K of guns and ammo, then like 50/50 whats left into VYM and VTI. Consider Maxing your (roth) IRA out with REIT's wich would be 5.5k a year. and max out your 401k
open up an annuity, aka life insurance, with a growing cash benefit. god forbid you fuck up and get sued, that money cant be touched. neither can your gold or guns if you're smart about it.

>>1288708
use that 60k income per year to purchase a 250$ house in a neighborhood that is unlikely to have minorities move in, as well as a used Japanese shitbox that you will learn to maintain and repair.
keep playing with that 22k, snowball it if you can

>>1290098
250,000$*************************

I recommend to put at least part of it in some midstream oil companies, most of them are selling at crazy low valuations despite having stable profits (they charge on the amount, not the value, of the oil they ship). You can get VERY high yields at current prices without much risk.

Case in point: GEL (Genesis Energy LP), one of my largest holdings. 6.7% yield at a 60% payout ratio, been raising distributions quarterly for over a decade now. One of the largest (if not the largest) pipeline companies in the Gulf of Mexico, and slated to grow in the coming years due to increasing production in the region. All at a PE of 9.

Or if you're not comfortable stock picking go with AMLP, it's an ETF that tracks midstream MLPs. Yields 8.8% and didn't cut its distributions at all during the oil crash (in fact, they're still growing). P/E of 6.

Just my 2 cents.

>>1288708
invest most of it in a diversified portfolio of stocks and don't dump all of the money in all at once. maybe pick a few ETFs that broadly cover the US and international markets and maybe a few sector-specific funds or individual stocks that you feel strongly about. invest the same amount each month to spread the investment amount over a year or two so you spread out your risk and don't end up going all in right before a crash. keep some money in cash as well. if there is another recession/market crash, having cash is a very good thing. while everyone else is panicking, you will be able to scoop up some assets for cheap since you're the guy holding the cash.

>I'm a useless neet chud with a basket weaving degree
>oh no worries, I've got a quarter million coming to me for doing fuck all

There is no justice in this world. Put all your money into knee pad futures and then kill yourself

>>1290614
how about being happy for someone instead of being an asshole?