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Anonymous
What should I do with my winnings 2017-08-20 10:48:43 Post No. 3146576
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What should I do with my winnings 2017-08-20 10:48:43 Post No. 3146576
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Come Wednesday when I win the Power Ball what should I do with the winnings?
Supposedly there is going to be a major market crash soon so stocks would probably be insecure I imagine, but would low yield government bonds be a good investment to prep for the crash?
Paying off all my families debt would only be about 200k and everything else I want would only run me at most 20m. So I should have about 390m left over barring no other fucks also win.
So /biz/ /adv/ice
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short it
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BUY dgb REbRANDinG hEREEeeEE!!!!!111!!!1!
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Support radical militant organizations and kek at all the happenings
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>>3146755
Interpol might have a problem with that so probably not
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>>3146576
invest it all in DryShips
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>>3146778
It wont be a problem if it aligns with interests of usa
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>>3146779
fuck you dryship negros
bad enough as it is on /rgt/
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>tfw i buy powerball tickets and never check them
If i have a winner im sure it will be om the news anyways
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real estate my boy
real estate
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>>3146576
If you have that much, fuck stocks. Go straight into government bonds and some real estate. Low risk is orgasmic when you have huge cash volume.
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I'd just put it in a 3% savings account and go live in Wyoming.
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>>3147694
where is a 3% savings account offered
you are lucky if you can get .1%
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>>3147722
You can get 5% through prepaid cards. FDIC insured too
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>>3147722
My bad. Meant .3
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I have thought about this many 'a time. If you win the $600MM Powerball and take the cash payment up front ($400MM), realistically after tax you can expect $270MM:
>immediately set meetings with Estate Attorney, Tax Attorney, CPA, and CFP.
>draw up trusts to provide immediate family $5MM each
>Absolutely splurge on a few super cars and homes in a few cities I love (~$15MM)
>Put $100MM in a high yielding money market. Most brokerage companies will negotiate 1+% at that amount
>Put $50MM in a managed municiple bond strategy.
>Play around with $1MM in stock market for funzies
>remaining amount spread between banks for max FDIC coverage, maybe buy some physical gold and have physical cash in safe.
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