Not really. This money belongs in the bank as your nest egg. [Most of it in CD's at 1% for a 1 yr term. You might get a cash bonus for signing up.] [1% = $250, before taxes.] You will save money staying on top of your bills. {no monthly bank fees, pay off credit cards in full every month, pre-pay bills when advantageous [example: pay $1100 up front for one year of car insurance instead of $100 x 12 months. You have just made 9% tax free with your money.] , etc.}
Your future may contain car, college, wedding, honeymoon, house, children,,, and you will not have to stress about money with this nest egg.
{When needed, a sensible new car that will be dependable for 10+ years is actually a good purchase. No repairs for a long time, not buying anyone else's troubles, etc.}
For financial security, you need a good job long-term.
Yes, of course. If you want to invest in some safe stocks, look up some blue chip companies (well-known, reputed companies) and buy some shares and just hold it for several months.
I inherited $25,000 from my late grandfather on 5/21/2014. I want to stay financially secure. I dont go out spending unnecessary monies at all, but i would like to have residual income. My question is, are they're any stocks, or business ventures that i could possibly explore to keep myself financially stable? Im 28 years old with some college education, if that helps.