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Grateful4you · M
Go to a high end area such as Beverly Hills Ca. (or similar) these folks are used to advising the newly rich on money management. Mutual funds is one good investment, I would go for an open spectrum portfolio from very high risk to very low risk.
A broker you can trust is paramount. Tell NO ONE about recently gained wealth other than the pro's.
A broker you can trust is paramount. Tell NO ONE about recently gained wealth other than the pro's.
DavidT8899 · 22-25, M
@Grateful4you Keep in mind that the situation of winning a lottery is only hypothetical,at least for myself.But your last piece of advice is especially good.
Grateful4you · M
@DavidT8899 Ah! Another "David" (I'm David too) Hopefully, someday I'll need to take my own advice. Hope you also have that experience.
Grateful4you · M
I did very well with mutual funds but blew most of it. That was fun.
DavidT8899 · 22-25, M
@Grateful4you The feeling is mutual.(Ha,Ha get it?)
Grateful4you · M
@DavidT8899 DUHHH! I may be slow but not that dang slow. Nice play on words. So, whatcha gonna do with all that money? Imma go live in Puerto Vallarta Mexico. The Zona Romantica and listen to the ocean waves.
DavidT8899 · 22-25, M
@Grateful4you Well,IF I HAD THAT MONEY,Id just park most of it in a Swiss bank.Maybe have T-Bonds,Iras,-stuff that was stable.Of course,Id give to charity and take care of my family.Id have nice stuff,but I WOULDNT live like a king.Maybe a high-end condo in the area I live and a good car(Im thinking the 2023 Hayndi Genesis)Thats all Id need.