Originally Posted by mineistaken

Everywhere is risks, however real estate would still be valuable and even if you do not do smart investment you would have solid/stable income stream for living expenses. That is why I advocate investing at least 10% into something that won't go away. And then you are welcome to blow the rest 90%. Just have SOMETHING left, that would make you living money
Or another simple idea in real estate - you build some condo building, take penthouse for yourself (that you would own after your money stops) and rent rest of the apartments. And you have it. It is very simple to create some stable income for the worst case scenario (if you blow or miss-invest the rest).
If I was accountant/lawyer of some athlete I would MAKE them do that.