WSOP Windfall... What is a boy to do?!?!

[Kneel B4 Zod]

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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.

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he was probably referring to your whole post

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So you're telling me that renting, buying a POS car and not paying off debts are better alternatives?

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renting could be better than buying, buying a nice new car can be a bad financial move, and not all debts should be immediately paid off. it all depends.