Hi Naugust,I can identify with some of your feelings. I am a bit older than you and recently came into a windfall from a "dot-com" situation.So far, I think you are asking the right questions. The first thing to know is that you CAN manage this investment -- it isn't going to be as difficult as it seems at first. The hard part is getting the confidence to trust your own conclusions, even if it goes against the advice of others. I will give you some suggestions based on the learning I have done.* Be clear about your goals (sounds like you already are), and bounce all the advice you hear against those goals.* Look into a total stock market index fund. Since your main goal is to grow the money responsibly over the long haul, I don't think you can expect any other stock investment to perform better, have less risk, or require less oversight from you.* Keep an eye on tax consequences. Since this money is going to be in taxable accounts, I would assert that tax consequences are the biggest threat to the growth of your investment. Most large-cap index funds are very tax efficient, so are ETFs like SPY, and some mutual fund companies offer tax-managed funds of various kinds that try not to disperse any taxable dividends or capital gains to you.* I also think that trying to actively rebalance your holdings are likely to lose you money over the long term in a taxable account. But financial advisors are likely to recommend you invest in actively-managed mutual funds, and annually consider rebalancing your holdings -- I think both will clearly lose you money compared to parking your money in a tax-effecient index fund.Personally, I have spent several thousand dollars on professional financial advice over the last few years, but I ended up not following a lot of that advice.-Zorkmid
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