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.

"The obedient always think of themselves as virtuous rather than cowardly" - Robert A. Wilson | "If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

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.

 

$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. 

Commercial Real Estate Developer
 

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