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re: Mega Millions Financial Advisors

Posted on 10/23/18 at 5:59 pm to
Posted by slackster
Houston
Member since Mar 2009
84886 posts
Posted on 10/23/18 at 5:59 pm to
quote:

And the land would provide income and appreciate




I know, but I'm not putting 95% of my wealth into any one thing, much less timberland.
Posted by Powerman
Member since Jan 2004
162225 posts
Posted on 10/23/18 at 6:01 pm to
Honestly I'd probably just contact the CEO of my company and ask him who he uses

He's probably in the 9 figure net worth range by now

Posted by shel311
McKinney, Texas
Member since Aug 2004
110866 posts
Posted on 10/23/18 at 6:37 pm to
quote:

If you win the lottery and chose to hire a financial advisor which one are you calling? The majority of people are saying take the lump and hire an advisor but there are a lot of dumb asses working at insurance firms who are so called "financial advisors"

My best friend and his brother started a financial advising firm 10 years ago in NYC, and it blew up, someone bought hte company and relocated them to work in Miami. I'd go with him, he only handles super wealthy clients.
Posted by Lookin4Par
Mandeville, LA
Member since Jun 2012
1232 posts
Posted on 10/23/18 at 6:38 pm to
You’re not considering time value of money. 20 million now is worth much more than 20 million 10 years from now.

Take the lump sum.
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