re: Best way to invest $60,000?

quote:

---

but mid-twenties don't deserve a $10k vacation imo.

---

Why not? If it's an inheritance, I'm assuming a family member died. Perhaps his last living parent.

Assume these numbers for the guy:

26 years old
$50k investment
4% return


If he doesn't add another dime to the investment, Bankrate calculator estimates his inheritance will be worth almost $175k in 30 years. That's a good chunk of free money from someone else if he invests it. A $10k vacation at his age - especially if he brings a lady friend - could be a major moment in how his life is defined.