I would invest the money in stocks and shares. I buy the lows and sell the highs. I would identify potential companies with low priced shares as a long term investment and reap the benefits when the company share price goes up. i can also opt for a compounding option of about 40 years at a rate of 8 or 9 % p.a i would have a good source of funds when am already a baby boomer since i am at my early 20's.