<prompt> Human: This is a throwaway account.Background info: Im 21, a recent college grad double major Business, and info systems, no job, and currently studying to get into Law School for Fall 2014. I currently live in Southern California, but plan on moving back to the bay area my hometown to pursue my graduate degrees.My mother has supported me till now, but I decided to financially cut myself off. I have 250k in my name my father passed away while I was in HS, and this is some of the LI money, and no debt.Heres my plan: Put 190k into various ETFs SPDR, QQQ, etc and not touch it for 10 years. Actively invest 10k in more risky, short term stocks,and put profits into ETFs. Keep 50k in my bank account as liquid reserveEmergency fund. I am going use that money until I find a job, and, live off of my salary once I do find a job.I plan on only attending a law school in the bay area in which I can get a scholarship. I understand that law is a risky industry, so I will diversify my degrees- I am starting a 1 year MS Comp Eng degree program a semester before entering law school. What do you guys think? What are some things that I should consider? Is this a solid plan? Thanks so much for all the help!  <response>: My advice would be to not listen to people on reddit, including myself, who dont have experience managing 250K in one go. I would pay a financial advisor to advise you on what to do. 