<prompt> Human: 21 year old college student here, graduating in may with a BS in Analytics and Finance. Mother just passed away with life insurance and selling of the house my portion will be just over 150k. Im currently working as in intern for 15hr at large company where i hope to get a job after i graduate. I now have no debt right now until after college. Will come out of college with around 23k worth of debt. After i graduate looking to buyrent a house with my friends. Im thinking buy the house and renting it out having my friends pay the mortgage on it monthly. Plan on buying a car after i graduate looking at around 200 payments a month. Everything is going to be happening so fast i dont know what to do with all the money. I know i want to invest most of it but in what? HELP!!!  <response>: Please read the Windfalls wiki.You should probably just put the money in an online savings account for a little while. Use it to pay for school rather than taking on debt. Use it to buy a reasonable, 15-20k car with cash. Thinking about cars in terms of monthly payments is a bad financial habit that theres no reason you need to start.Dont buy a house right out of college. Too much is in flux at that point in your life. If you are sure things are stable a couple years out you can do it then.Beyond that, read I Have X... Between the 23k for college, maybe 20k for a car, and life startup costsemergency fund 10k you could invest maybe 90k of that money in a simple three-fund portfolioIm sorry for your loss. 