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Voice of investment reason, "Already-have-lots-of-money...What-do-I-do-with-it?" edition #594

>Set aside:
>2 month short-term emergency fund covering a bit more than all of your monthly expenses expenses, in cash
>4-6 month medium-term emergency fund covering a bit more than all of your monthly expenses, bond index funds

>With your remaining net wealth:

>Contribute the maximum to your 401k every month, especially if your employer matches
>Allocate it to a low-fee target date fund for your appropriate retirement date. People talk shit but these are completely fine and autopilot

>Contribute the yearly maximum of $5,500 to your Roth IRA or normal IRA (figure out which is best for your income range and future plans, you can Google it anon)
>Allocate your_age% in stock index funds (75% US, 25% international)
>Allocate 100-your_age% in total bond market index funds

>401k and IRAs are tax free on gains
>Personal brokerage accounts are not

>Open a personal brokerage account for the rest, this is unfortunately taxed gains
>Invest the rest of your money in here, with the same allocation scheme as your IRA
>If you want, try to be more conservative in your personal brokerage account, and more risky and aggressive in your IRA
>This is because you want your risky big gains in the tax free account, and your safe lower gains in the taxed account, so you give less money to the tax man but have the same exact risk profile. Don't go too overboard with risk in the IRA though, still stay balanced

>Take 10% of your wealth and put it into cryptocurrencies
>Cryptocurrencies are the future and if you're not invested in them you're a cuck. This 10% has to be conservative though, no shitcoins. BTC only at this point

>Take 5% of your remaining funds as "fun money". If you're really comfortable do 10%. But be prepared to lose ALL and I mean -ALL- of this money. Have fun with novel investment methods with this money. Stick it all in shitcoins and JNUG if you want