Re: help me decide what to do with my money
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... I would really like to open some type of busisness, but considering I know nothing about that, that probably wouldnt be best.
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Everyone seemed to ignore this portion. Yes, index funds are great but your upside is limited and it doesnt really adress your desire to run a business. Now, being on the poker tour it's not possible for you to put in the 80 hr work weeks required to get a business off the ground.
However, could you possibly invest in say one of your friends businesses, i.e. Brian Townsend with cardrunners? It doesnt even have to be poker related and you can determine what level of participation you want. Want to share in the overall direction of the business then get yourself a seat on the board.
You could even get one of your non-poker buddies to run something for you. There's more out there than the stock market.
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