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Reply to "I'm a poor who is about to receive an inheritance: please tell me what to do with it"
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[quote=Anonymous]Well first of all you cannot legally put 700k into a 529, nor should you want to. How old is DC? I'd put $100k into the 529 and consider it funded if the kid is under 12. Put the rest into a brokerage in your name and invest in something very diversified - a total market or S&P 500 mutual fund or ETFs. Don't look at it, and leave it alone until DC gets to college or your retirement, whichever comes first.[/quote]
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