September 8th, 2009 | Posted in Personal Finance
Question: I’m 23 years old and have recently come into a considerable sum of money — just under $1 million. While I know that sounds great, I’m afraid I’ll make mistakes handling it. I’ve already noticed that my close friends have suddenly become experts in how to spend a million bucks. My question: How should I manage this money? Do I put it in real estate, CDs, hedge funds? At this point, I think I might have to use some of it to buy anxiety medication. Please help. –Daniel, San Jose, California
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