So when I was born my grandparents invested stock into apple with the intention of giving every penny to me when I turn 18. They got lucky, and now I am going to have over 70k transferred to me soon.
I have no debts, no monthly payments to take care of (yet), and I just wanted some thoughts on what I should be doing to ensure I don't lose it and how or what to invest in. I'm not planning on splurging on anything with it. My first thought that my dad brought up was to maybe invest in property in another state and charge rent for people to live in it. We still don't know if the money is in stocks or if it's been cashed out yet.
Edit: Holy moly guys I went away for a couple of hours and this absolutely blew up. Thank every one of you for the advice, really appreciate it everyone! I've been in college for a year now but everything's paid for and taken care of.
P.S. My grandparents live about 30-40 mins away so we do visit often!
Submitted June 23, 2018 at 05:27PM by dudeforty9 https://ift.tt/2KcL1yt
