What to do with 150,000 dollars?

My husband and I just got 150000 from his aunt's passing.We want to spend it wisely .We had got 10000 last year (car accident) and it went in like one month .We look back and think why on earth did we do that.So with this we want to be smarter with it.What are smart investments to make our money grow.serious answers please

Got kids? Put some away for each of them in a tax-deductible college fund, and contribute small future amounts. Or, open bank accounts for each child and don't tell until some future event (after they finish college, at their wedding, birth of first child, etc.).
Invest for yourselves. Put some in a high-interest bank account, so it can be accessed at any point without penalty. Just $50,000 in an account earning 5% interest (you can find some that high online) returns $2500 a year, enough for a decent family trip. Remember, you'll pay taxes on the interest you earn. CD's typically have higher interest, but you lock your money up for a time between 3 months and 5 years, depending on which you pick. Put some more in a retirement fund or IRA. Many are interest free, but there are penalties for accessing it before a certain age. Other investments include buying property.
Play a little. Enjoy a little splurge now so you don't feel the need to splurge bigger later. Play the stock market, take trip, throw a party, buy a car/house/boat, donate to a cause; something fun for yourselves.
These are just suggestions from someone who considers himself smart with money. You may still want to talk to an investment manager on some smart decisions. Don't forget you'll be paying taxes on the $150,000 next April, most likely, unless it's been taken care of. A little high risk, a little no risk, and a little waste should make the inheritance meaningful.

Get an investor for it.

If you have children, put it toward a college fund.

Your probably going to want to keep some of it liquid and invest the rest. Id say keep 40% in a ing direct savings account, they have an amazing return, and no hidden fees. The rest toss them into mutual funds or stocks. bloomberg is a good site to get information on stocks.

i would definintly INVEST it. do not spend it. pretend you dont even have it and in 5 years you could be rich. just go to the bank and put it in an account where you get intreste for letting the bank use it! just dont blow it all in one place. live your life normal like you dont have it then on day you will be so rich you can blow your nose with the money!!

I suggest you to spend some money in life insurance for the rest of your uncles, aunts, grandparents or parents and when one of them eventually dies you get more money.

I also suggest you to open a brokerage account at E*Trade and invest in the stock market with the help of a Portfolio Manager like myself.

I will help you for FREE.

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