I'm a 20 year old Computer Science Major. I just found out today that I am going to be inheriting my deceased grandparent's estate of about 700k in just a few months. I'm looking to make this grow enough that I don't have to worry about money, I have a goal of 2 million USD, but not really a set date.
I currently attend university and I don't have a job, but have been making between $900-$1000 through online e-commerce hustles. I still live at home and I have no pressure to leave, so my expenses are 0.
My finances right now: ~$2,100 Savings ~$10,500 in Robinhood invested in Facebook
I have a good basic understanding of the stock market and have read "The Intelligent Investor" and "Value: The Four Cornerstones of Corporate Finance". That said, while I have grown my money significantly so far by individually picking my own stocks, I don't want to risk the 700k I just found out I would be receiving. This is crazy to me. I don't know what to do.
Edit: Forgot to mention my university is paid off because I have received scholarships for it, so I actually get paid to attend.
Submitted August 06, 2018 at 03:28AM by SwimmingLionCub https://ift.tt/2KwMPBM