Everybody talking about "investing" the money will be broke in 2 years. Don't y'all know thats how most cats go broke.
wrong. financial planners are the main cats milking folks. between the fees and the constant trades which rack up more fees, they aren't worth it. buy a low fee index fund and keep it moving. Trusting another cat with your money or "investing" it will leave you
I wouldn't trust my money in the hands of anyone. But there's nothing wrong with investing. As long as you know what you're doing. You start off small with a couple grand until you get a feel of things and progress from there. Let's be real here, none of these athletes, rappers, entertainers and lottery winners are reading 100 books a year on money management (or finance, investing, econ, trading, etc.) and learning everything they can....they're investing in their cousin junebug's idea......coffee and strippers....get your morning coffee and a bad bytch to serve it to you
or having some fast talking jew managing their entire portfolio because they're too stupid and lazy to do anything themselves. Literally the easiest thing you could do would be to go into real estate, buy houses close to urban areas, transit, college campuses and job centers, and rent them out. Multi-unit complexes too. shyt is not that hard. That's just one idea. You could franchise a bunch of mcdonalds and kfcs and hire a mba to run them for you. shyt like that. And still keep a few million in the mattress just in case.