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Open a bank account and deposit the dam thing....FDIC guarantees each account to 100K...if it is more than that go to however many banks as it takes to keep 100K in each account.

No CDs' or anything.. The sit back and take a deep breath and say thx GrandMA...

Your not going to be making any interest worth speaking about but hey you need time to figure the lay of the land...in other words to get yourself educated on finances...

Remember the Grifters Rule..The higher the rate of return on an investment the greater the RISK...The US govt is paying 3.6% or so for the 30 year T Bill....that is the SAFEST INVESTMENT in the world as if the US govt goes...you don't need to worry about anyother investmest...as they won't be left standing..

However your a GDed fool if you invest in those fking things...a Bond Bubble is being created every day that the deficit and national debt climbs...

SO THERE ARE NO SAFE INVEESTMENTS EVERYTHING IS AT RISK..


If you are carrying a lot of debt, you might want to think real hard about paying that off especially if the interest rate is usurious. If the interest rate is below say 4% you may want to carry that debt...

Where would I put money today....I can tell you Exxon stock is under priced and is paying a 3% to 4% dividend....Exxon has not missed a Dividend payment EVER...and at $60 a share it canmove to $65 or $70 a share REAL EASY..This is about as little risk as you can get...

The BP oil debacle has creamed the oil stocks...you would be buying at a low point in their trading ranges....remember buy low and sell high....your idea here is to be getting a DIVIDEND as in income. with the Capital Gain potential when you sell..This is a place to park a PORTION of the money...remember do not place all your eggs into one basket....and that also means not into anyone sector of the market like just oil comapnies.....or economy...as in RE...

Also don't buy anything expensive....sit tight for awhile...no rush...you got plenty of time...