On one of those "I won the lotto and it ruined my life" shows.... One guy said he spent his last $20 on lotto pics and said a little prayer, something like "Come on Lord, I really need this"... LOL. My favorite lotto story happened here in the Denver area.... some 25 year old chick baked a cake for her boy friend. He said he wouldn't eat it unless it had frosting. So, she hustled off to the Quick-E Mart to buy some frosting.. happened to pick up a lotto pick and hit for something like $26 Million... then, she dumped his ass. LOL! Karma.
Diversify in inflation linked government bonds of different countries. Yes you take FX risk but thats the cost of safety. All you eggs in the USD basket is too risky As far as return figures, it depends on inflation, but it should more or less keep the wealth constant or declining a bit every year One can put some 10-20% on commodities for further protection as well but there are risks involved
Probably 3 or 4 airplanes, a few motorccycles, cars, and I suppose I'd cave in to the wife and get her a remodeled kitchen, and master bath. Bank a few million, and set up a foundation with a bunch and give money away. I still dream of making enough trading to retire and set up a foundation to give money away and make that my new job.
Uhh that's what your hypothetical accounting firm and wealth managers are for, and I am not talking about the retail guy you golf with a couple times a year. A few more doors open with that kind of money, not nearly all though.
Who makes a cake without frosting? You're saying she was just going to give him a plain cake with no frosting?
hypothetically I'd have a billion and supermodels draped all over me, gee can someone help me with my dilemma of how to manage that?
We understood the hypothetical part, we just didn't get why exactly 115 million? 100 wouldn't be a problem?
Don't remember what kind of cake it was... perhaps one which traditionally doesn't have frosting... ??