<prompt> Human: I recently inherited 160K in an investment account. We owe 300k in student loans and mortgage but have solid incomes that allow us to put money in 401Ks and cover all expenses with a bit left over. My husband thinks we should just leave the inheritance alone and let it grow. My father thinks we should put it towards the mortgage to decrease interest. I want to purchase a vacation home that we could theoretically rent out most of the year that would hopefully increase in value. What would be the best strategy to be most profitable or something else?edit, I should mention my mom specifically said not to use her money to pay off my husbands college debt for fear hell trade me in for a younger model and then hed have no debt and Id have none of her money. The mortgage is allowed. Always the romantic she was...  <response>: You have 300k in debt, I would recommend putting most of this towards that rather than going further in debt on a second property. 