I got $50K to invest...need ideas

[UncleTomFord15]

Flip land

 

[voiture]

As an aside, @Serious @dora_da_destroyer let's say hypothetically you in 2024 were a quarter million liquid ($250k), i'm talking in your checking account and not including what you'll receive the rest of the year in salary nor what you have currently in your 401k, stocks, investments, etc.

Is there an optimal path to dividing/allocating/flipping that type of money to make more money? What steps would you take?

How much risk are you willing to take?
You can go the semi safe route in real estate in decent neighborhood and rent out or look into bonds,stocks or ETFs. I see the stock market as legalize casino so invest at your own risk.
With real estate you can sell and break even or worst case take a small loss but you won't be wiped out like stocks if things go bad

 

[OfTheCross]

What did you do the last time?

Real estate. I'm looking into it again but the math ain't mathing so far. I like making profits

 

[OfTheCross]

Flip land

My neighbor lucked up and hit a homerun on some land he bought for $20K

 

[Astroslik]

As an aside, @Serious @dora_da_destroyer let's say hypothetically you in 2024 were a quarter million liquid ($250k), i'm talking in your checking account and not including what you'll receive the rest of the year in salary nor what you have currently in your 401k, stocks, investments, etc.

Is there an optimal path to dividing/allocating/flipping that type of money to make more money? What steps would you take?

Get a financial advisor