<prompt> Human: Finances of reddit, Im looking for your thoughts on my future prospects, please. To start; Im a 21yo male in the UK who has just graduate BSc with no debt apart from student loans which I pay small monthly fees. Next year I will inherit 200k and Im a little stuck on where to put the money, in terms of investing etc. My plan is to move to Australia Australia citizen too, with family there in the next 2-4 years after completing my masters next year. Im quite a mature 21yo if Im honest and at the moment Im planning on setting aside the money in a high interest savings account for 3-4 years, then once I move back to Australia Queensland investing in a family size home I would have roughly half the asking price- and get the rest through a small mortgage - on a 15 year loan. Im a graduate in quite a good field of study and should be able to get a reasonably well paid job quite quickly once there monthly payments for the mortgage would be around 1100. I would aim to pay off the mortgage in 15 years and without the worry of a mortgage hanging over me and owning my own family size 4 bedroom at 40 yo, I could use the spare income to look at starting a small property portfolio buy-to-rent. Do you think this sort of financing is a reasonable way of doing things? Or should I be looking at investing my money for a higher return and waiting to buy a property? Any help would be helpful, thanks.Edit: Also - bit of a ramble so Im sorry if its nonsense, but - what would be the best way to get onto the property ladder in Australia say in the next year or two? I would be moving in 3-4 years but it looks like property particularly in my preferred area are projected to rise in the next two years. Would be it worthwhile buying a small apartmentflat and renting it out for say 3-4 years and then selling once Im there. As Im not working yet and wont be until I get to Australia - I wont have an income and wont be able to get a mortgage for a bigger property - Id like to buy a family home now, rent for 3-4 years and then move into myself once Im there.  <response>: My philosophy is different, and probably not the best for maximizing returns...at least in the short run: put the money away and forget about it.By put it away, I mean of course invest it. But invest it in something that doesnt require frequent maintenance. Diversify a bit and take some risk. I say that because, at your young age, the money seems like a lot but in the long run its not huge.By forget about it, I mean dont think about it. Dont play with it. Dont spend much time worrying about it. Most of all, dont let it set priorities for you. Basically, pretend you dont have it. Go to work. Focus on getting your career up and running, and live completely off your salary. Then, 5 or 10 years down the road, youll have a good income and that 200,000 will be maybe 350,000. Youll be older and wiser and have a better idea what you really want to do with it. In the meantime, that money will be liquid.Id never advise any fresh graduate to buy a house. Contrary to conventional wisdom, its not a very good investment on the spread. More importantly, it can anchor you down. I moved overseas in my late 20s for a graduate degree, then stayed a while longer to work. Then I moved back to the US to a different city. If I had owned a house before that, I never would have left. 