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Windfall advice
#12

Windfall advice

Experience people have a hard time not losing money when investing at all, let alone in higher risk investments with a "higher upside". Truthfully, you should do 1 of 3 things.

1. Give the money to charity. This will be better than losing it in your higher risk investments, which you certainly will do. At least you will be helping people that need it, rather than making a rich man richer.

2. Invest in something lower risk.

3. The best answer. Start a business. If chosen carefully and managed conservatively, you should be able to eventually realize a greater cash return than in any passive investment. Also, you will gain invaluable experience and insight that will allow you to make even better investments in businesses as you get older.

Your current perspective is a prescription to lose all of your money, almost 100% guaranteed.
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