A member asked:

If 20somethings get massively wealthy overnight, what should they do with their money and jobs?

4 doctors weighed in across 2 answers

Look at the ones...: ...That did get massively wealthy: some self-destructed, some did not, some spent the money on themselves, some on families or charity.

Answered 11/27/2014

5.8k views

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10 things to do w/$: 1) Make good decisions about their fortune; 2) Live within their means; 3) Stay out of bad debt; 4) Develop a financial plan & stick with it; 5) Realize what they don't know & get answers from those who should know; 6) Diversify their portfolio; 7) Set aside sufficient emergency reserves; 8) Save--for retirement, goals, etc.; 9) Hire a specialist to do things they can't; 10) Set some life goals.

Answered 8/27/2015

2.4k views

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