What would you do with $50k
You just graduated college, your education was free due to scholarships, and you have zero student debt.
Your parents originally created an account for you to pay for college, and would give the rest back to you when you graduated. Since college was free, you now have $50k.
How would you invest $50k with the risk profile of a recent college graduate with a steady paying job. 100% QQQ? 80/20 stocks and bonds? 100% 3x QQQ? How would you go about this if you were in this situation…
GME Calls - I did it too (a bit past "right out of college") and it worked. H8rs will say it's fake.
I should've listened lol
There's still time brother. Buy while you can.
Damn bro congrats
following
OK, there's 2 main approaches to this. The aggressive strategy (what I would probably do) is to toss it all into TQQQ for as long as you are willing to let it ride. The passive strategy (the smart strategy) is to put it into a 401K over 2 years, with whatever is left over after year 1 going into bonds for a year until you can claim the 401k again. This will still yield between 1-2 million tax free by the time you retire at 67.
401k's can only be funded with earned income.
I thought it was implied that you can use the 50k to live off of while working and then use the 50k saved over the 2 years to fund the 401k
Real estate
Bet on black
$50k right out of college? I’m going on a baller trip or two and putting whatever I don’t blow into upgrading my wardrobe/apartment/life.
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