<p>First time poster/long time lurker, couldnt help putting in my two cents b/c I love telling people what to do with their money. Savings account is a good idea, so is stock (one of my associates said her Safeway stock has done well in the last couple months). And if you have anything left over, you can get a Roomba vacuum, which will always give your friends something entertaining to chat about when they come over to visit. Or if you want to go in a completely different direction, why not scrap the notion of college expenses altogether and go to South America or Southeast Asia or someplace far away with your handsome gift and get something you cant quantify as a good value other than a damn good time? </p>
<p>Or how about sending me a fraction so I can have a good time in Struggling Thespian Land?</p>