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Depends on your risk appetite, age, and responsibilities. It's going to be a different answer for all of us. I will put all of it into investing in myself. May

Depends on your risk appetite, age, and responsibilities. It's going to be a different answer for all of us. I will put all of it into investing in myself. Maybe I could take some time off to focus on learning something that I always wanted and can earn huge income from or perhaps start a more risky endeavor such as a business. To maximize the utility of 50K, I would move to a well connected but cheaper cost of living country. In the end, what do you want to do? Do you want to use this opportunity to increase your potential to earn more or do you need a break to get back on track? Are you enjoying life currently?

2-718-281-828 5y ago
> Depends on your risk appetite, age, and responsibilities. It's going to be a different answer for all of us. Totally. I'd say my risk affinity is higher than average but far from risk seeking. I consider myself risk accepting as long as I get something back for it (even in case of failure - for example fun, experiences) and as long as I can somewhat gauge the risk level and control it to some extent. I like rock climbing, scuba diving, drugs but I'm not the base jumper type of guy. Also no responsibilities (esp. no kids) > I will put all of it into investing in myself. Maybe I could take some time off to focus on learning something that I always wanted and can earn huge income from or perhaps start a more risky endeavor such as a business. Learning something new is definitely a good idea. If I'd just knew what. But I'll keep thinking about it. I don't think I'd go back to university. But something where learning and earning goes hand in hand would be something I'd consider. If I'd be ten years younger I might consider studying medicine and aim for becoming a surgeon - but I hate to say it - I feel that would be too high of a time investment at that point in my life. > To maximize the utility of 50K, I would move to a well connected but cheaper cost of living country. Where would you move?

2-718-281-828 5y ago

> Depends on your risk appetite, age, and responsibilities. It's going to be a different answer for all of us. Totally. I'd say my risk affinity is higher than average but far from risk seeking. I consider myself risk accepting as long as I get something back for it (even in case of failure - for example fun, experiences) and as long as I can somewhat gauge the risk level and control it to some extent. I like rock climbing, scuba diving, drugs but I'm not the base jumper type of guy. Also no responsibilities (esp. no kids) > I will put all of it into investing in myself. Maybe I could take some time off to focus on learning something that I always wanted and can earn huge income from or perhaps start a more risky endeavor such as a business. Learning something new is definitely a good idea. If I'd just knew what. But I'll keep thinking about it. I don't think I'd go back to university. But something where learning and earning goes hand in hand would be something I'd consider. If I'd be ten years younger I might consider studying medicine and aim for becoming a surgeon - but I hate to say it - I feel that would be too high of a time investment at that point in my life. > To maximize the utility of 50K, I would move to a well connected but cheaper cost of living country. Where would you move?