[Benal]

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Take 50K, learn to daytrade. Take it slow, learn as much as you can. There are lots of great resources/boards on the web.

I'd buy real estate with the rest, buy a nice car and pay off debts.

Congrats btw.

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This would be an example of bad advice.

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I'm guessing you're refering to the daytrading? You can make great money if you know what you're doing.