[powera]

Get a job.

There's no way for you to reliably make even 20k in the next year off of an investment of 50k unless you are going to be personally involved in it. You will also almost certainly make at least 20k at your job in the next year, and can probably figure out a way to increase your salary by 20k.

[ixacto]

Put 5k in NYSE:BND for your emergency fund, Fidelity/Vanguard/Etc work about the same. Then put 5500 in Roth IRA NYSE:VOO. Then do the same for your work 401k account if you have one. Put the rest in a brokerage account in NYSE:VOO, maybe save 5500 for 2018 IRA.