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re: WWYD if you were handed 50k
Posted on 2/14/24 at 5:10 pm to El Segundo Guy
Posted on 2/14/24 at 5:10 pm to El Segundo Guy
quote:
I'd keep it in cash. I keep 50-60k in cash in one of my gun safes because you just never know.
That’s probably one of the worst possible things he could do with it. It’s very risky because you could lose it all in a house fire or if someone breaks into your safe. It also earns no return at all and loses value each year because of inflation.
I would compare that to the biblical parable when the servant entrusted with one talon buries it out of fear and earns no return for the master.
This post was edited on 2/14/24 at 5:11 pm
Posted on 2/15/24 at 9:41 am to cbree88
quote:
I'd keep it in cash. I keep 50-60k in cash in one of my gun safes because you just never know.
quote:
That’s probably one of the worst possible things he could do with it
If that's the worst thing he can do with it then the second worse thing is announcing it on the internet
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