Get a good financial advisor to help you invest the money. You are wise to invest the money and you can take the interest if you wish (or reinvest) spend it for whatever you want and you will still have the $20,000.

Stock Market. Its the best way for your money to grow. Apple is great. Facebook and Twitter are good. Talk to a local financial adviser.

Keep it as you will need it for college expenses and then a buffer when you get out so you can move or have an emergency fund etc

hi, i am 18 years old and recently recieved an insurance settlement of 20,000 from a court case i was involved in. Since i am only 18 and live at home (im only a rising senior in high school), I wont need this money in the immediate year. I was wondering what you would recommend in terms of investing this money, where should i put it? cd, money market? etc.