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That all depends on whether or not you have "emergency" money socked away among other things. any debt? in other words, is there a high possibility that you might have to touch it in the near future? because if not, in this day and age, considering the economic climate, i would give serious consideration to putting it into a long term (10+ yr ) equity indexed FIXED annuity. emphasis on FIXED so that you can protect your principal (assuming you can't bail out and use it early). these products come with really nice bonuses. for instance, you can get a nice 14 year annuity at Equitrust called a Market Power Bonus Index Annuity and it pays you a 10% bonus just for putting your money there. Right off the bat, you will make $30,000 just for parking it there for 14 years while it works for you.

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Q: What is the best investment option for a 30 year old person who had just inheirited 300 000?
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