What financial advice would you give to a young boy, probably, at the age of 18 who just received a whole lots of money from the inheritance of his late father who was a trader and multimillionaire in the textile industry?
Necessarily my advice goes to the area of lavishing and bad friends. Often times such persons that got this priveledge of transfer of wealth from parents usually don't have their heads down to earth and they feel the world is on top of them, but if he/she can be very discipline in spending and avoiding bad friends then he can go along way in making good use of it's inheritance.