john
11-24-2004, 11:59 PM
Probly invest all of it. It would not change my live much... yet. I would invest in mutual funds, stocks, and some municipal bonds (tax free). Lets say I invested all 500K at a rate of 5% intrest (reasonably attainable), it would yeild my $25K extra per year in intrest alone. I do not have any debts yet with school and all. That should change next year but I will have to make some sacrifices this summer (dsms for sure). It would be fun to spend it all but that is only in the short term. It would be alot nicer to know that when I am 65 years old that I will have enough money to retire and live with less stress. Time to invest in assets that apreciate instead of depreciate. It is the only way to get ahead.