Suppose you win 100 million. What do you actually do with it? Banks only guarantee 250,000. Do you have to invest it? Is there anywhere you can just let it sit and draw interest?
I don’t know, I’d probably just give 50 millions to charity and hire a professional to counsel me on what to do with the rest
A fiduciary (not an accountant) will know what to do. Contact a fiduciary
Get bigger tits. The rest I would use to save others because 25000 people dying of malnutrition every single day is just beyond fucked up.
Buy a house. There isn’t any more land being made. (Except in Hawaii, what with the volcanos out there)
Lend some to Uncle Sam by buying Treasury bills. He’s been good for the interest payments. They tend to earn a bit more than bank CDs anyway.
If you’re really risk-averse, go for those bank CDs. Brokerage houses like Schwab can buy those on your behalf, and track which banks hold them, so you don’t exceed the deposit threshold at any one institution. Good luck finding 400 banks through a brokerage’s finder, though.
Buy stock in publicly traded companies. Or buy mutual funds. It’s good to get some growth in the portfolio, which fixed income alone can’t do.
Donate some to a nonprofit when you need a tax write-off.
Start your own company. Go back to school. Invest in yourself.
you invest it in (foreign) right wing radical organizations bent on overthrowing their democratically elected government. that way, when these groups eventually succeed due to your generous contributions they will allow you to swoop in and buy up their country’s previously nationalized natural monopolies at bargain bin prices through local intermediaries at which point you can cut costs and inflate prices for the citizens of the entire country and receive many orders of magnitude ROI
it’s win-win so long as you propagandize enough people about how this specific thing that you’re doing is actually defined as democracy, they’ll be totally ok with it and won’t suspect a thing
