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Message
1
Posted on 10/17/18 at 4:25 pm to Phat Phil
I keep my earnings in a coffee can under my bed like any prudent adult.
Posted on 10/17/18 at 4:29 pm to Thib-a-doe Tiger
I'll say it again because it didn't sink in the first time. If America goes to shite then you have bigger issues than money. Especially considering that the money that you are so concerned about protecting is itself backed by the federal government. I know these concepts are probably difficult for you to wrap your head around.
I also don't recall saying putting all your eggs in the US government. You came up with that entirely and completely on your own. I said as low risk instruments as possible and gave an example.
I also don't recall saying putting all your eggs in the US government. You came up with that entirely and completely on your own. I said as low risk instruments as possible and gave an example.
Posted on 10/17/18 at 4:31 pm to Peazey
quote:
I'll say it again because it didn't sink in the first time. If America goes to shite then you have bigger issues than money. Especially considering that the money that you are so concerned about protecting is itself backed by the federal government. I know these concepts are probably difficult for you to wrap your head around.
You got me, I am completely ignorant to how money works.
Posted on 10/17/18 at 4:33 pm to Thib-a-doe Tiger
Farmland.
And strippers and blow as mentioned before.
And strippers and blow as mentioned before.
Posted on 10/17/18 at 4:42 pm to Big_Slim
quote:
Farmland.
And strippers and blow as mentioned before.
With the right kind of farmland, you just need strippers.
Posted on 10/17/18 at 4:42 pm to TigerstuckinMS
quote:
With the right kind of farmland, you just need strippers.
We can grow the strippers
Sounds more fun than 30 year t-bills
Posted on 10/17/18 at 4:43 pm to Phat Phil
900 Mill?
I'm setting up a tailgate for you guys and gals at the next football game, we all about to party. frick Joe and his rules
I'm setting up a tailgate for you guys and gals at the next football game, we all about to party. frick Joe and his rules
Posted on 10/17/18 at 4:45 pm to Codythetiger
I’ll pay for rushing the field after beating rice
Then we can hire Owlie to maintenance crew
Then we can hire Owlie to maintenance crew
Posted on 10/17/18 at 4:54 pm to Higgysmalls
quote:
I would probably put it in the bank. what are you even talking about
Depends on the bank. If it’s a local bank, then you are probably going to now be about 75% of their deposits. I could just image the look of the teller handing her that check. I wonder if you can do that at the window.
But putting it in a single account is stupid as your FDIC coverage is only like a few hundred grand so you will need ways to create several accounts.
Posted on 10/17/18 at 5:02 pm to ell_13
quote:
I'd let my wealth management team decide.
frick.... that... People who have no cares about your personal interests with complete oversight of your money, no risk, only benefit to swindle you, and you none the wiser? I can't think of a quicker way to go broke.
Posted on 10/17/18 at 5:04 pm to Thib-a-doe Tiger
quote:
30 year t-bills and America goes to shite, good luck selling those
Wouldn't that also make the money you are worried about just as shite?
Posted on 10/17/18 at 5:05 pm to InCaliForNow
quote:
InCaliForNow
quote:
70:30 equity: fixed In the equity, 50:50 US:x-US U.S. - 70% Large Cap passive, 30% Mid and Small (active) International - 80% Developed (passive) 20% emerging (active) Put the fixed income in munis. Withdraw .25% quarterly Rebalance quarterly
I am hiring this guy and paying him triple what he makes now not to f me over
Posted on 10/17/18 at 5:08 pm to Phat Phil
I'd cash it into quarters and swim around like Scrooge McDuck.
Posted on 10/17/18 at 5:08 pm to TennesseeFan25
30Y T bonds went for like 3.10% last auction might be off a tenth.
100m investment gets you 3.1m a year before Federal taxes.
So you guarantee yourself if you massively frick up that you will have a 1%er salary for at least 30 years...
100m investment gets you 3.1m a year before Federal taxes.
So you guarantee yourself if you massively frick up that you will have a 1%er salary for at least 30 years...
This post was edited on 10/17/18 at 5:10 pm
Posted on 10/17/18 at 5:13 pm to TennesseeFan25
I’m already being paid pretty well to do this type of stuff.
Oh, and here in Cali the after tax lump sum would probably be under $300M.
I reckon I could still make ends meet.
Oh, and here in Cali the after tax lump sum would probably be under $300M.
I reckon I could still make ends meet.
Posted on 10/17/18 at 5:18 pm to Phat Phil
All of it on black roulette
Double or nothing
Double or nothing
This post was edited on 10/17/18 at 5:19 pm
Posted on 10/17/18 at 5:20 pm to Phat Phil
nope, it all goes to coke and hookers, maybe pay off a few bills if there is anything left over at the end of the month 
Posted on 10/17/18 at 5:20 pm to InCaliForNow
quote:
I’m already being paid pretty well to do this type of stuff.
Already trying to upsell me, that's why I hired you!
Posted on 10/17/18 at 5:32 pm to TennesseeFan25
I'd buy lots of land, own businesses like McDonalds, car dealerships, etc... Invest a 100mil and probably spend 50mil on personal stuff and family.
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