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What to Do With 50k Dollars in Cash Savings (Best Ways to Flip or Invest $50,000)

Wondering what to do with 50k? What’s the best way to invest 50k in the short-term? Or maybe you’re wondering how to invest 50k for cash flow? Or, perhaps you already have hundreds of thousands of dollars put away and you just want to have fun with it! How should you spend 50k then?

There are so many things you can do with 50k. In this post, we’ll explore all the different ways you can spend or invest 50k, and then the decision is up to you!

Raining Money

What is 50k in Money?

50k is $50,000. That’s fifty thousand dollars. 

Is 50k a Lot of Money?

If you asked the person next to you, I can almost guarantee that they would say “YES!”. Unlike smaller sums of money, $50,000 can actually get you quite a bit. It could be a down payment for a house, help you start a business, pay off debt, and so much more.

Don’t take this decision lightly! $50k is quite a lot of money. It could very well change your future life!

What to Do With a 50k Windfall?

What if a huge amount of money just landed in your lap? If this happened to you, you’re no-doubt wondering what to do with a 50k windfall!

First of all, you’re wise for asking the question! Too many people would just piddle the money away and wonder where it went.

If you’re not used to this kind of money and you’re wondering what to do with 50k, I’d recommend just one thing…

…Do nothing.


Related: What to Do With 100k Right Now

What to Do With a 50k Windfall? Nothing…for a while

For about 6 months, I’d recommend that you put the money into a simple savings account and do nothing with it. 

During that time, think about the different things you’d like to do with the money (but don’t act on anything right away!). Write down all your ideas on a piece of paper.

If you got a 50k inheritance from a loved one passing, perhaps you should consider honoring them with your purchase. In other words, what would they have had you do with the money? Pay off debt? Give some away? Invest it in the kids’ education?

Keep reading the post below about all the different things you could do with 50k. Then, at the end of 6 months, start to spend it wisely and carefully. And most importantly, spend the money intentionally!

Related: Inheritance Money: What Should You Do With It?

What to do with 50k cashWhat to Do With 50k in Savings?

Have you worked hard for a long time and now you have a beefy bank account? Wondering what to do with 50k in savings?

It’s a valid question, especially since your savings account is earning basically nothing. What should you do with the money instead?

As you’ll discover later in this post, if you’re wondering what to do with 50,000 dollars in the short term…there aren’t too many options. Just be content with a small return and keep the money safe. 

If, however, you don’t have the money earmarked for anything, you can get a bit more creative and probably earn quite a lot more with 50k.

What to do with 50k in savings for the long-term

Wondering what to do with $50,000 in savings for the long-term? If you’re looking at a span of 5 years or more, then you can start to think about sticking your money into an investment – particularly, the stock market. 

For me, one of my favorite long-term investments is a simple index fund investment. My particular favorite is VTSAX. You can invest pretty much any amount of money you want to here, and over a long stretch of time, this investment almost always goes up. AND, it averages 8% or more! Not too shabby for a simple investment!

Want some other ideas on what to do with 50k in savings for the long-term? Check out the investment section below!

Related: How to Invest in VOO (…And What Is It Really??)

What Is The Best Way to Invest 50k?

Here are the top 10 ways to invest $50k:

High-Yield Savings Account

Earn 2% or more per year (check with BankRate for the best rates right now)

Short-Term Government Bonds

Earn between 4% and 5% (here’s a solid list of government bonds by US News Money)


Short-Term Corporate Bonds

Earn 2%-3% (check out this top list by Investopedia)


Earn between 4% and 5% with a certificate of deposit.

Dividend Stocks

What are dividend stocks exactly?

You can buy shares of a company stock that agrees to pay a dividend each quarter. Some are as high as 5% or more of the share price, which can equate to quite the hefty sum! 

Here’s just a sampling of some companies and their annual dividend percent:

  • Exxon Mobil: 6.1%
  • Chevron: 5.4%
  • Verizon: 4.7%
  • Kraft Heinz: 4.4%

If you’re trying to figure out how to invest 50k for cash flow, dividends are a great way to do it.

Want to learn more about the top dividend stocks? Check out the link below!

More About Dividend Stocks: 15 Best Dividend Stocks and ETFs in 2022

Invest 50k into Real EstateReal Estate

Real Estate is an amazing way to invest 50k for cash flow. Sure, $50k won’t buy you an entire rental, but it can serve as a fantastic down-payment!

Invest $50k into a rental property that’s worth $250k. It likely earns $2,000 in rents per month. After the mortgage, maintenance, property tax, and insurance, you could probably still net $600 a month.

Each year, you’ll earn roughly $7,000 in cash flows with your real estate investment. That’s a 14% return on your investment each year. BOOM!!

And, that’s not even factoring in the appreciation of the property value!

Related: Investing in Real Estate vs. Stocks (From My Personal Experience)


Do you get a match on your retirement investments? If so, this can be a no-brainer! Invest in solid funds that will grow in value, AND get a bunch of free shares from your company! Don’t forget to invest here if this is the case.  

Individuals Stocks

If your retirement is ahead of where it needs to be, sometimes it makes sense to invest in individual stocks in your own brokerage account (especially if you’re thinking about retiring early). 

What stocks should you invest in? That’s up to you. Whatever you do though, be sure to spread your money around. Don’t just put the entire 50k into a single stock. That’s much too risky!

Business Ventures

This one is huge. If you’re wondering how to invest 50k for cash flow, this could be an absolute gold-mine for your skill set. 

Do you enjoy business? Do you have a great idea for making money? Is 50k enough to start a business?

First off, absolutely 50k is enough to start a business! In fact, I started my first business with just $100. Of course, this will depend on what you want to start. But $50,000 should be able to go far in whatever it is you want to do.

Heck, it might seem like a crazy idea, but you could even buy a blog and run it for the cash flows!

Did you know that Derek started his blog 12 years ago and started making $1,000 a month after just 6 months? And, he still makes over $1,000 a month to this day? He has earned hundreds of thousands of dollars with this simple blog medium. Crazy, but possible!

What’s your idea? Is it a low-risk venture that could produce some great cash flows?

Related: How to Start a Blog For Just $24 (Which covers the entire first year!!)

Invest In Yourself

This is one that people always tend to forget. Sometimes the best investment is in YOU! 

For instance. Let’s say you can pay $5,000 to get a certificate that would increase your salary by $10,000 a year. After 20 years, that $5,000 investment would earn you $200,000. Now THAT’S a good investment!

Cease these opportunities wherever you can.

Are Bitcoins a Good Investment?

What about crypto? Are bitcoins a good investment?

Meh. They *can* be, but I wouldn’t recommend it unless you know what you’re doing. There are many (proven!) ways to invest your money and make sure you get it back with interest.

Related: What to Know Before Investing in Cryptocurrency

What to Do With 50k to Make Money

If you’re still wondering what to do with 50k to make money, we still have some other great ideas! Check out the below thoughts for what to do with your 50k – and these are specifically for 2022!

Re-read the list of investments above and check out the advice below. You should have all the ideas you need AND MORE!

What To Do With 50k in 2022

Now, let’s talk about what you can really accomplish with $50,000.

Here’s what I would do personally…

Use money to get out of debtPay Off High-Interest Debts

Do you have a credit card with high interest? Or maybe you have private student loans that grow faster than you can pay them off. Whether you want to or not, the best thing to do is use part (or maybe all) of your 50k to pay off all of that debt.

I get it, I get it. It seems like a waste to just pay off debt. But think of the freedom you could feel by NOT having those debts hanging over your head anymore.

And, before you say “Well, I should invest some too so it has time to grow!”, keep in mind that the average return on investments is 8-10% a year. If you have debts that are above that, you’re actually losing money when you invest. So, pay off your debt first, then focus on investing!

Related: Why Is It Important to Pay Off Debt?

Save 6-12 Months Of Expenses

As you may know, a $1,000 emergency fund won’t get you very far these days (although anything helps). So, your next step should be to make sure you have enough money in savings so you could live off of it for 6 months to a year if you needed to. With 50k, that should be plenty of money to put a proper emergency fund in place.

It’s also important to keep your emergency fund separate from your regular savings.

This money should be slightly easy to access should you need it, but not so easy that you use it for non-emergencies. Remember, out of sight, out of mind. This is especially important if you’re a natural spender since keeping it separate will reduce you wanting to spend it.

Also, be sure to pick a high-interest savings account that earns a decent interest rate. Just because you’re not investing, doesn’t mean you can’t earn some money back!

Related: Expect the Unexpected: 3 Reasons to Start an Emergency Fund

Investing your moneyInvest It

Okay, now you’ve paid off your debt and have a healthy savings account. Now what? Start investing! There are so many different ways to invest $50,0000.

What Should I Put 50k In?

So what is the best way to invest the money? What should you put 50k into?

Here are a few of my favorites:

  • Bonds
  • Growth Stocks
  • Dividend Stocks
  • Target-Date Funds
  • Index Funds
  • Mutual Date Funds
  • REITs (real estate stocks)
  • IRA CD

Each of these options has its benefits and drawbacks. And, they aren’t even the only things you can invest in! There are so many other investments that you could make. These are just the easiest to start with and can usually be managed by yourself.

Whatever you do, make sure you research which method or investment works best for you. You could also talk to a financial advisor or start a robo-advisor account just to get used to investing on your own.

RelatedBest Way to Invest $1,000 Dollars (8 Methods to Consider!)

50k Invested For 10 Years – How Much Does It Grow Into?

Want to know what happens to 50k if it is invested for 10 years? 

Let’s say you can earn 10% with your 50k. That’s a decent return.

How much would $50k turn into in 10 years?

In 10 years, your $50k would become $135,000. 

Not too shabby. 

What if you could do better? What if you could earn 15% in cash flow on your rental and your property appreciated by 5% as well?

In other words, what if you earned 20% each year for 10 years with your 50k investment?

After 10 years, your 50k would become $363,000.

Now we’re talking! 

If you can work it a little harder and earn a little extra on your investments, the payoff will be well worth it in the long-run.

tips for real estate investment successBuy A Rental Property/Multi-Family Property

Speaking of rentals, let’s dwell on this investment for a while. There are many ways to earn a rental income these days!

$50,000 can go a long way, especially if you’re buying a home or property that can make you money while you live there.

Also known as house hacking, you could live rent-free and  (technically) mortgage-free if you invest in the right place.

There are a couple ways that you could do this.

  • The first way is to buy a home with more rooms, and then rent out those rooms. Usually, this would mean that you have roommates, which may or may not work for you. But, it does significantly cut costs.
  • If you’re more introverted or don’t like sharing space, try buying a multi-family property. Duplexes, triplexes, or even homes with finished basements to renovate can be used as multi-family properties. Basically, you’d move into one side, and then you could rent out the other. If you’re able to put a hefty down payment on the home and keep your mortgage low, you could even end up making a profit.

Related: Top 8 Real Estate Investments for 2021 – Post-Pandemic Opportunities in Real Estate

successful startupsStart A New Business

It’s easier than ever to start your own side hustle or business that brings in extra income. And with $50,000, you could start just about any business you want. From online to brick and mortar, as well as across multiple niches and fields, there is a business idea for everyone.

The key is to know what you’re doing and not be afraid to invest.

  • For example, do you have any degrees or certifications that you can use to start the business?
  • Do you have a trade or hobby that you’re really good at?
  • Will you be doing this full-time, or in addition to your full-time job?

These are important questions to ask yourself.

Also, if you’re not ready (or don’t want to) to start a whole business, you could start with a side hustle! Maybe it’s baking and selling treats in your free time. Or maybe you like to renovate and decorate and want to make a bit of money on the side. Whatever it is that you want to do, there is an audience and market for it. Trust me.

Related: 12 Unique Side Hustles to Boost Your Income

Give Some Away

Have you ever wanted to donate your time or money, but feel like you don’t have enough of either? Well, now’s your chance!

I’m not saying you can’t spend your money on yourself. But, if you want to do something for others, giving is a great way to do that.

There are so many charities and non-profits that you could choose from. Or maybe you even want to start your own! Whatever the case may be, give with intention and do it because you truly want to, not because you think you have to.

You are not a bad person for wanting to keep your money. But, if you want to feel like you’ve made a difference or helped someone, using your money or taking time off to give back is certainly an option.

Related: How to Give a Million Dollars (Not Save, Give!)

can a poor person become a millionaireTake A Mini Retirement

Last but not least, why not take some time off? You don’t have to be “retired” forever.

But maybe you want to take some time off to figure out your new career path. Or maybe you want to take some time off to travel the world. Or, perhaps you just want to sleep in for a few months and do what you want to do for once!

Whatever the case may be, a mini-retirement (usually 2 years or less) can be just the thing you need. And with $50,000, it is much easier to do!

Now, I don’t recommend spending the whole $50,000 over your mini-retirement — especially if you have other goals you want to reach too. But, taking a chunk of it to spend time just enjoying life can be just what you need!

Related: Early Retirement – Is It Really Possible?

How to Double 50k

Still searching for more? Don’t want to do simple saving or investing? Maybe you’re looking to do something bigger…

Want to know what to do with 50k to make money? And I mean serious money?? How can you double this investment?

I’ve got a few ideas… 🙂 But first, let’s talk about the ideas you SHOULDN’T pursue!

How NOT to Double 50k

Basically…don’t do something stupid. Sure, doubling 50k sounds great, but do it over time wisely. Don’t take an extreme risk with this money. You may never see it again!

Here’s all the ways you shouldn’t try to double your money!

  • Gambling at the casino (and for SURE do not just put it all on black!…or red…or double zero… is this clear?)
  • Investing it in a single stock or crypto. It could all shatter tomorrow. You just don’t know.
  • Sports betting. It’s all set up so the “house” will win. You may win some, but in the long-term, you’ll lose. It’s just like the casino.
  • Investing it all on one particular idea. If it costs a full $50k for you to start a business that may or may not take off…that’s pretty risky. Think twice before doing this.

Don’t take a super risk with this money. $50k is a lot. It should really be invested wisely if you’re truly looking to invest for your future.

Investing with 50k dollars

How to Double 50k (for real)

1. Real Estate

Between cash flows and appreciation, you could double your money every 4-5 years here.

2. Starting Your Own Business

I’d recommend starting a business with $10,000 or less. If it fails, you still have $40,000. If it’s a success, now you have an income and your $40k that you can still invest in something else.

3. Index Funds

If the market continues to go up by 10% a year, you’ll double your $50k in just 7 years. Still not too shabby!

4. Flipping

There’s some risk here, but if you know the market and how to estimate repairs, there’s some great money in flipping.

You could flip real estate, cars, motorcycles, websites, and businesses. The key is to flip what you know. 

5. Angel Investing

If you know five people that are all looking for $10k to get a business going, and they all have great ideas, you could become a partner in each of their businesses. You never know. One of them could really take off and become the next Facebook or Amazon!

Have other ideas of how to double 50k? Tell us in the comments below! 

Not Sure What To Do With 50k? These Options Are Just The Start!

If you’re wondering what to do with 50k, these areas are a great place to start! And, keep in mind that no matter what you choose to spend it on, it’s YOUR money to spend, save, invest, etc.

If you’re not sure what to do or how to spend it wisely, stick it into savings until you’re ready to make your choices. There’s no harm in taking your time to spend it!

What would you do with 50k? Leave us a comment below!

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AUTHOR Kimberly Studdard

Kim Studdard is a project manager for online entrepreneurs and small businesses. When she isn't spending time with her daughter and husband, or reading her growing pile of horror books, you'll find her working on her HR degree and working towards FIRE.

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