Deathlok, you've squandered away half of your inheiratance, and the way you're going I bet you won't have a dime of it in a year. So you're not in a position to ridicule another's spending habits. Do your handmade $650 glasses from France make your vision that much better? Better to see your HDTV with? I see better than 20/20 with my $200 Lens Masters and I am entertained just as well as you with my $500 non-HDTV.
My advice to you is to invest whatever you have left. Not in a savings, but in a vehicle that will get you at least 12 to 18% intest. At 12% interst your money is going to double every 6 years -- rule of 72 or compound interest, take 72 and divide it by the interest rate to find out how quickly it will compound. For example, 72/18=4. So at 18% interest your money will double every 4 years. That means in 2010, or by the time we see the next Batman movie, you'll have your $20,000 back. By the time Spider-Man 6 comes out in 2014, you'll have $40,000. 2018 you'll have $80,000. If you would have invested the entire 80,000 though, you'd have 160,000.
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What should you invest in? Rule One is to invest in only what you know. You shoul dhave invested in Alan Milki instead of paying for their overpriced glasses. If you read comics and like the way they are doing things at Marvel, invest in Marvel. If you wear Pacific Sunwear stuff and they are showing growth as a company, buy PacSun. If you listen to an iPod, buy Apple. If you drink Cherry Coke every day, buy Coke. By the way, all of these companies have been showing returns of over 18%.
