I was talking to my cousin whos brother in law received $200k from an auto injury and was able to blow every last bit of it in 1 year. He bought/has nothing to show for it. No house, no land, no car, nothing.
My question is since $200k really isnt alot of money(nothing to smirk at mind you), and you would certainly would want to spend some of it from time to time, what are good options to do with it? Savings bonds? Its to easy to say "dont spend it". How could you make this money work for you?