What can I expect and How can I do it?

Question

Ok here it is. I am about to leave for the navy and will be saving up about 100000 after 6 years and in this time will be aquiring a bachelors degree in Nuclear Electrical Engineering. I expect to be paid somewhere around 100k a year. i want to take that first 100000 and invest it in something and plan to take 50k a year after that and investing it so by the time im about 45 i will have a lot of money. How the hell do i do this where do i start and what can i expect, is this smart? I dont want to be stuck in the rat race of life. im 19 and will make my initial investment at 25.

Answer 1

Sorry, your projections for investable capital, doesn't seem realistic to me.
Come back in 6 years when you have some money and a good income and a realistic plan, and we can give you good advice

Answer 2

if you have that much then definately invest in property. then rent it out. you shouldnt be investing 50k each year. forget about social security. you might never see that money. you have to qualify first to get your own SS you've been paying for 40 years.

invest in:
real estate
your own savings
diversified stock portfolio...look for stocks with dividends


p.s. you're 19...dont wait till 25 to make an investment! you can put 1000k down on a stock that pays high dividends and keep up with that. its alright if it drops a bit if you're still getting $5/share dividend..you're still profiting.