>>100

Invest it. If you're smart about where you put it you should be able to get between 8% and 10% returns on it. Really the only way you're going to get what you want out of it is to spend the time to learn how to invest.

I'd recommend real estate as a place to start, and depending on how much effort you want to put into it, either a turn-key type residential housing situation or something a little bigger, like a self storage place.

The nice thing about a self storage place is that they're super easy to get loans for and very profitable.

Also, I'd suggest learning about dividend investing. With that amount of money to start with and the right advice from a broker you could do pretty well.

If you're going to go the stock market route allow me to suggest that you take your time picking a broker, make sure you find one that's willing to educate you about what is happening with your money.

The main piece of advice I can really give you is to start reading! Learn as much as you can before you move your money, investing always carries risk and make sure you understand what the risks of your particular investments are.

>>93

>>106

I appreciate that you bothered to respond but do you have any other reading material to suggest? Personally I find Tim Ferriss to be an intolerably smug prick.

Invest. Avoid real estate. Read up a lot. Traditionally bonds and precious metals are sort of safe havens. Place you're guaranteed to slowly grind out money vs the swing of equities. You could dump it in a CDO for probably minimal profit but no access to it. Alternatively put in an IRA if you're serious about some long term savings. I personal am a fan of precious metals. Silver is trading around the 30$ mark so you could purchase around 30oz depending on what kind of price you get. Most people would definitely encourage a diversification. Talk to your bank and maybe put 5k in a short to mid length CDO. That's half your money tied up in a pretty secure investment. Then you can read up on equities and such and figure what you want to do. Don't invest more than you can stand to lose and set stop loses for your profits. I always rather be the guy who got out pre peak and didn't get a max profit than the one who road it into the big sell off.

>>107

http://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680011/ref=sr_1_1?s=books&ie=UTF8&qid=1335581141&sr=1-1

http://www.amazon.com/The-Intelligent-Investor-Definitive-Investing/dp/0060555661/ref=sr_1_1?ie=UTF8&qid=1335580961&sr=8-1

http://www.amazon.com/The-Tao-Warren-Buffett-Interpretations/dp/B00740GBXY/ref=sr_1_1?s=books&ie=UTF8&qid=1335581001&sr=1-1

http://www.amazon.com/Bulls-Eye-Investing-Targeting-Returns/dp/0471716928/ref=sr_1_1?s=books&ie=UTF8&qid=1335581045&sr=1-1

Also, I don't particularly like >>108 's advice. That said, I think the one common thread you're going to find is that everyone is going to say educate yourself. At the end of the day it's up to you what you want to do with your money, and the only way to really know that is to read like a motherfucker and get financial advice from people in the industry's your looking to invest in. GOOD LUCK!

Open up a Roth IRA and start buying S&P index funds (SPY is the call for the most common one). You can put up to 5k a year into it and if the returns sit there until you are 65 you won't be taxed on taking them out. If you pull them out beforehand there is no penalty, but there is the usual taxes on capital gains.

Stock market !

>>128
If the government doesn't mess with Roths by the time you retire.