<prompt> Human: I know this will first start off by telling me to go to a financial advisor, and Ive already been to one but plan on going to more. Chase upgraded me to something called Chase Private Client and then gave me a 40 minute presentation as to why I should invest in their hedgefund.Personally I specialize in building tech companies, so I cant fathom making money off of the money I have. My main goal is to just conserve as much as possible and focus on getting a new income off a new business as soon as possible.I had a friend who recommended something called the permanent portfolio where I invest 25 in stock, 25 in long term US treasury bonds, 25 in cash, and 25 in precious metals. So far the only thing Ive done is bought 5 ounces of gold. I also signed up for kapitall.com - apparently a trading platform for beginners and was thinking of just experimenting around with that and put 5-10k in various companies and see what I can do with it.So Im up for anybody who can tell me what they would do if they were in my position? Oh yeah and Im 22, so still quite young and in the investment portfolio Chase gave me I chose very conservative in all answer questions. Another friend of mine recommended I go to his guy at Charles Schwab and get a copy of their financial plan in regards to investments. I was thinking of putting 150-200k in some kind of fund, what do you guys think?Update: The response Ive received has far exceeded my expectations. Thanks again everybody for chipping in. Reason why I posted this is because I think the amount of information I could gain from a collective crowd of people here on this reddit would far exceed anything I could learn from a handful of financial advisors. Ive learned quite a bit and I will surely be using this post as reference material going into the future.So far out of all the responses the biggest piece of advice I got was to find a fee-only Fiduciary advisor from napfa.org. I take it one of the most prominent places to consider investing the money is in Vanguard. Furthermore Ill be reading up on bogleheads.org to get a better background on how financeinvesting works.Assistant: What are your goals? What will you want this money for and when do you anticipate needing it? Human: Im not really too sure. Ive followed the economy for a while so Im concerned of it plummeting so at the same time Im weary of investing in the stock market at all. Im really not a money guy at all, I just know how to build companies really well. Id expect to spend less than 40k to start my next venture so it wont require very much capital. Until then though my monthly living expenses will be coming off this fund which is why I want to get off it and start getting recurring revenue in the door from the next thing I do. I inherited a little bit of money when I turned 18 which went into an inherited IRA and I remember it lost like 20k in a few days back in 08 so Ive been a little afraid of that happening again.Id say my goal with the money, as well as probably recommended advice for somebody such as myself being so young with this money is to be labeled as a very conservative low risk investment type. Really the hardest part is figuring out exactly what institutions I should go with, what I should put, where and how much. There are so many options and Im afraid of making a mistake as my experience with money is very little.  <response>: Many losses in 08 would have been recovered by now if the money was left in the market. Markets are cyclical and volatile in the short term, but growing and consistent in the long term. Dont let 08 scare you unless you cant play the long game of decades rather than quarters. 