What would be the best way to use a 3.5 million inheritance to generate passive income...

Do I need to google this dude and take lessons?

Invest in toilet paper.

>multifamily housing
AKA nigger housing with headaches

You can get a decent home in SF bay area for about 1.5 million that will get you 4 - 5k a month.
Then set aside 150k for expenses
Then put the rest into dividend earning value stocks like JNJ, PG and utilities. You'll earn 3% per year off that.

Decent coin for a comfortable life.
You can give a property manager 10% and not worry about dealing with anybody.
But in SF bay area, you rent to good people who don't cause hassles.

This. So much this, but look into mutual companies instead of stock owned companies. Watch out for taxes OP

now take into consideration you can even insure other people and other people's property where you are the beneficiary.
and you have financial control over the policy without even the other person knowing about the agreement.
people die.
and when you can leverage the benefits who knows how far along the future, and take a loan out against it now.
it's brainy work. but you can be set for life and then some.

take advantage of the rules while we still can because they will end up being changed after it causes another recession and idk about you but think of how pretty you would be sitting if you had the assets available to invest when the economy was tits out and on it's knees.
land was cheap as fuck for several years after the housing collapse. the difference between those numbers and the ' recovery ' was dimes to dollars.

fuck renting. buy it to sell it or fuck people over with rent to own and just write out a really solid contract to your benefit. like they left their trashcan out front after several warning, HOA decided they had to leave. keep the down payment and sue them for damages then resell the bitch.

put your kids in a Montessori, feed them organic granola and turn the little cunts into trustafarians

Go all in on LINK

Hey OP.
You want safe, boring, low risk investments. this is the right track to start you off.

Ignore fuckers like this, . There is no end of people who've always wanted to open their waffle on a stick shack that's sure to make bajillions of dollars and all they need is just some start up money that they surely wont immediately drop on some blow and jack daniels.

Also, never, EVER, tell any friends, family, acquaintances, strangers, etc. about this money. If some already know, then they already know, but don't add to that pool.

There's a post floating around about what to do if you were "unlucky" enough to win the lottery. You want to look that up.

Prior to the current fuckery going on I'd have said low risk bonds. Now though? invest in a really diverse stock portfolio focusing on stocks that are likely to survive the collapse, so another 1/4th on bonds, do 1/4th in precious metal futures, and keep the rest liquid in a series of savings accounts.

Buy a humongous amount of Chain Link
Dyor you won't regret it OP