Money, Lottery and Freedom

Comment #6

music* — Mon, 29 Jul 2019 13:01:39 GMT

Money and time will give you freedom. A winning ticket can be revolutionary. Good Luck to you

Comment #5

eddessaknight — Mon, 29 Jul 2019 02:40:42 GMT

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Comment #4

music* — Tue, 23 Jul 2019 02:02:21 GMT

Ric Edelman suggests being diversified over 18 different type of investments. Stocks, Bonds, Commodities, real estate, bit coin, cash, and more. Plus I am aging to a point where I will not have the time to recover. I will interview the banks that offer CDARS/ICS. I will live on a budget and make my winnings last until I die. I will have created a Revocable Living Trust for my heirs. A pour over will. Plus more legal papers for more future plans.

Comment #3

mikeintexas — Tue, 23 Jul 2019 00:23:18 GMT

Trump blamed high interest rates for pushing us towards a recession and if we are getting close to one, then he was spot on. High rates are great for the saver wanting a relatively safe investment, but bad for business and borrowers. At least that's what I've read. I don't know from personal experience other than finding out that rubbing my two nickels together won't start a fire. I might very well invest in a dime.... [ More ]

Comment #2

music* — Mon, 22 Jul 2019 22:46:51 GMT

I will use CDARS/ICS to safely hold my winnings until I get better advice. A major win will test the plans of any LP Member. It takes a little work and time to research past lottery success stories.

Comment #1

mikeintexas — Mon, 22 Jul 2019 18:36:23 GMT

OTOH, it's yin and yang in this world, the good w/ the bad, the physics of "for every action there is an opposite and equal reaction". I think you could wind up swapping one set of problems for another. For example, I would worry about keeping my money safe, if interests rates fell, if the economy went into the dumpster, then in which case my investments might not keep up with inflation or become worthless. I might worry about the people handling my money. Then there's those... [ More ]

Original Blog Entry: Money, Lottery and Freedom

music* — Mon, 22 Jul 2019 18:07:53 GMT

Do you believe and hope that money won in the lottery will provide more freedom to you?

Will you feel a lot more free? How will you feel after a major win?

I will be able to move and live somewhere else. I will afford a lot of things.