Young guy, looking for advice on where to go next.

[Jeff28]

My two cents:

First, I'm assuming you are keeping a seperate bankroll for poker and taking buy-ins above that recommended level for your NL game will go to an investment plan.

To start:

1. Max out your Roth IRAs for 2007 and 2008 ($9,000)
- Investment - Target Retirement 2040 or something from Vanguard.

2. Save 6 months of expenses in a money market/bank CD that is emergency money only. You're on a full ride, but think about what the real world would cost with rent and food and get this amount.

3. Make periodic passive index investments in tax advantaged index mutual funds or ETFs and forget about it and focus on poker and getting a good degree. Create an asset allocation and stick to it and rebalance as new money comes in. Don't time the market. Read Four Pillars of Investing by Bernstein and All About Assest Allocation by Ferri and create an asset mix you're happy with.

4. Make sure to plan for taxes and plan to get a good accountant in April.

--Jeff