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Just travel, with a small laptop (for support). You'll be able to live for over a year on that money in places like New Zealand, China, India, etc etc. Or rent/buy a small RV and see rural America!
I don't know what to do with the money, how to use this very large monthly income to actually make myself rich What would you do if you had already made yourself rich? What would you spend your time on? Why not start doing that right now? Why do you need to "make yourself rich" before you can do it?
The biggest asset that you have and the one that can create the most money for you is yourself. Yeah, that sounds really cheesy, but you've already showed that it's true. Invest the money in yourself. Bank it and use it so that you can ensure that you aren't going to need to spend your time making somebody else money in the future. Some people have said to invest it in companies...the thing is that you are a company…
Cash is very useful. Do not downplay that.
Also, read this, http://blogmaverick.com/2006/01/02/my-investment-advice-for-... & this http://blogmaverick.com/2008/10/04/how-to-get-rich/
2. Then, I'd personally either invest in gold or silver 1 oz bullion. Apmex.com is a great site to buy from. Chances are extremely slim that you'd lose the cash your making, if you convert to gold.
3. Keep some in a money market account, like EmigrantDirect.
First: I echo the previous posters urging you to reconsider the stock market. It's low maintenance and is a nice way to diversify away from your business if you feel it's not sustainable.
I just reread your post and noticed the implication of "I do not want to invest...long term like bonds or property". If you plan to need/use the money within, say, 5 years (preferably longer) the stock market isn't for you--so you're doing something right there by not wanting to go with stocks. I just think that people are urging you to think long term
That said, you want to make money fast short term. I will add to those pointing out that this is generally difficult. However, you do have at least one good idea proven to work at the moment: your success in the app store. Your best bet to make more money quickly in the short term is to attempt to scale what you're already doing. Note: this may not be possible. I still think it's your best bet given the constraints you give. You're worried about time investment, but that's nothing that hiring someone can't alleviate (but not remove).
Finally, care to answer a few questions about your success? I imagine you're hesitant to share more identifying info, but how about things like what you do for marketing? Or how much time it took to get to this level, how many apps, and how much time it takes?
Earlier quoted context omitted.
Someone smart enough to create a black box (which a million dollar business never turns out to be) that takes input of 24,000 and returns as output 2.4 million is not going to give it away at a marginal cost. He's asking, in essence, how to get rich quick. If i have a grq idea, i'm either already doing it and getting rich, or planning on doing it (raising capital, finding co-founders, et al).
A lot of excellent ideas are viewed as "crazy" when first proposed. That is probably a bigger reason you aren't going to get a qrq scheme from an online discussion: Either they are burned out on trying to convince people casually or you won't recognize it as brilliant. And that comes back to my earlier remark: An idea isn't worth that much. Execution is what brings in the money. That still won't prevent some folks fr…
Build a site where the only goal is to serve ads and get visitors. Give away N of your ad revenue to a random visitor. Write viral hooks into it to propagate it faster. Of course it won't work for long - someone will eventually try to increase their chances by registering thousands of accounts - but while it works you could probably make a ton of cash.
Edit: perhaps with his appstore experience he could do this on the iphone - figure out a way to make it cost prohibitive to register thousands of accounts by tying accounts to a phone number?