OT - You Just Won $447 Million Lotto, What do you do with the $?
Mates,
It is OT season, we are in a desert wandering without content except for the couch fire in EL, and that is a bad ju-ju. I noted that the Powerball Lotto hit for $447 Million and the winner hadn't come forward yet - I assume it is one of you. So the question today is a simple one:
You've won the $447 Million Powerball Lotto, what are you going to do with the money?
XM
Goldman Sachs.
2 chicks at the same time
446 times.
Need the 1 million for the Protein shakes, Zinc, Viagra, etc. (got to make each time last)
I would invest half of it in low risk mutual funds and then take the other half over to my friend Asadulah who works in securities...
mutual funds; way better to do ETFs if you want instant hands off diversification
I've heard arguments on both sides. I tend to agree with you, but I'm curious what your reasoning is.
1 - fees; I know you can do lower fee mutual funds but the ETF fees are generall lower and more transparent
2 - tax efficiency; ETFs are 100% tax efficient vs. if a mutual fund buys or sells a lot in its fund and they distribute to you; you could be hit with capital gains tax rather than dividend
3 - liquidity value; if you want out of an ETF you can sell now for the price its listed; rather if you want to sell a mutual fund you have to wait until end of day price and not know what your going to get until after the fact
4 - transparency; you can go online and look up an ETF and see it's exact composition vs. a mutual fund
Only correct answer.
Pros and cocaine is the only logical conclusion.
that 2 of the first 3 answers were "2 chicks at the same time"
You mean other than hiring someone to kill YOU? Hmmm, I'm not sure...
porquoi?
You know, oh you know. Cleveland, Ohio, 1994. I still want my money back...
Ahhh... never mind
That happened to me once, but it wasn't a Dorado and I was on a kayak.
This happened to me but it was a sandwich and a stray dog, on a beach in the Bahamas.
So your answer is also 2 chicks at the same time
That is my answer to anyone who asks me, "if money was no object what would you do?"
And then, I dunno, pay off some debt? Invest? Live out my dream of owning a Blimpie's franchise?
subs store please open your first one in the Byron Center area. I will single handedly keep it afloat for you.
with a quality mobile app
5) Check to see if you are entitled to financial compensation if you or a loved one have had mesothelioma.
if it's been longer than 4 hours
The first thing I would do is visit a lawyer and get a legal plan in place and create a killer NDA document.
I would then pick up my money, and not tell a soul. Everyone knowing that you have that kind of money causes problems. Previous lotto winners have had their families and friend networks destroyed over fallouts caused by having that money. THat or you've gone broke giving it all away to friends of friends that emerge out of the wood work.
As far as what I would do with the money, maybe Invest it, donate a ton of it to nice causes, give myself a nice trip, pay for MgoBlogs new servers, and of course two chicks at the same time.
I think in some states you have to be identified publicly, unfortunately.
two rounds of golf each at Pebble Beach, St. Andrews, and Kapalua.
After that, whatever really. It wouldn't matter at that point.
because if you won once, that obviously means you're lucky and would win again
Put all of it on black in the nearest casino.
Travel the world.
Fuck that. I'm traveling the galaxy.
Contact SpaceX, they are already plannng on flying two high paying tourusts around the Moon.
http://money.cnn.com/2017/02/27/technology/spacex-moon-tourism/index.ht…