I don't usually think about it much. I have big dreams for
humanities future but for myself I don't dream big, I just do as
big as I can without overly stressing. Honestly, I don't know.
Probably use some wisely, some foolishly, hopefully make it last
'til I die. == BUT, if I was your financial adviser, I'd suggest
the following: A) Invest using DRiP style on the indexes. (all
of 'em worldwide but primarily DJIA + s&p) B) Percentage of
Stocks to bonds: Bond percentage = 100 - your age. Stocks, the
rest. Simple way to mitigate risk. Bonds seem useless these days
but they lead to greater stability. Maybe you want revolution,
in which case, skip the bonds. You _could_ allocate a SMALL
percentage into Bitcoin style investing but that's just play
money. Still, has possibilities. Same with "fun stocks" -
investing in dreams. Just keep it a small percentage of the
total allocation of paper investment: 5%-10% max. C) Purchase
run down building and convert to affordable housing. Rent is
currently not taxable. But... be an ethical slumlord and
actually fix the stuff that breaks, hire security and what not.
Oh, and have the managers live at greatly reduced cost. You can
do co-op or everyone for themselves - or have themes if you
like, so long as you're not breaking housing laws. D) Start
several businesses. E) Hire 3 lawyers. (that should be first).
Gives you multiple perspectives to guide you in uncertain
waters. Investment percentage? That's up to you. You'll need
liquid funds as well: I'm tying you up in a lot of
investments... and you can always draw from them -- but these
investments SHOULD allow you to live off the profit and not
touch too much of the initial winnings. = I played around with
this stuff long ago and learned a lot. I don't do it now, but
I've checked around, and sound advice now is the same sound
advice 16 years ago, which is the same sound advice 50 years
ago. Seems to work. ==
