so i got millions, now what?

Discussion in 'Professional Trading' started by thelolo, Sep 2, 2008.

  1. Whee after you make your millions and don't want to spend it all before you're 50, see your local banks and load up on 7% CDs when the market is high. Then take a little and waste it on fun. Take what's left and keep trading. Wheeeeeee...
     
    #81     Sep 3, 2008
  2. Sorry, I'm an ass man with small frame preference, breasts are a secondary consideration.
     
    #82     Sep 3, 2008
  3. get a girlfriend. that will occupy your time.
     
    #83     Sep 3, 2008
  4. I understand the purpose of getting such an investment.

    I have the million and I'm past 50: WHERE can you get a 7% secure, locked-in investment?
     
    #84     Sep 3, 2008
  5. you call that an ass?
     
    #85     Sep 3, 2008
  6. If I wanted a girl with a 90-pound ass, I would head to Africa.
     
    #86     Sep 3, 2008
  7. See my edited post at 09-03-08 09:09 AM. Add: no bonds, nothing not convertible to cash in an instant, and no real estate.
     
    #87     Sep 3, 2008
  8. bbqbbq

    bbqbbq

    if you have a million, you can live of the interest for the rest of your life...

    40k a year with 4%, ofcourse you have inflation, but if you have 2 million, you would use the 40k from the other mill to fight off the inflation.

    2 million means you never have to work again (if you can live of 40k a year)

    so you should really try new things and stuff like that
     
    #88     Sep 3, 2008
  9. I retired twice. Once from my job, once from trading. I am obviously trading again. A million bucks is not enough to live a lifetime anymore, even getting 7% interest, unless one moves to a third-world country or the zona along the Mexican border...
     
    #89     Sep 3, 2008
  10. how many yachts can you ski behind :p
     
    #90     Sep 3, 2008