What to do with all that moola?

Reply #24

Blackie — Mon, 08 Jan 2007 05:18:09 GMT

Gold would probably be a good investment since it is always going up in the long run. I have a few Gold Eagles graded MS 70 in my banks SDB. I see them going up alot in the future. Not an expert at it just my thoughts.

Reply #23

ryanm — Thu, 04 Jan 2007 13:00:33 GMT

Multi-country currencies may become more of a trend if the euro can hold as a world currency reserve.

Reply #22

Coin Toss — Thu, 04 Jan 2007 05:55:49 GMT

There is more and more talk about the Amero , a planned joint currency for Canada, thje US, and Mexico. Tin hat I know, but sure would play heck with things I think.

Reply #21

ryanm — Thu, 04 Jan 2007 04:36:23 GMT

I'd invest most of it in gold and foreign currencies (especially the euro) in anticipation of the inevitable collapse of the US dollar! Just one more reason why no winner should EVER choose annuity (dollars may be no more by the end of 26 years)!!

http://www.richardheinberg.com/museletter/149

Of course, if I'm wrong and the US experiences deflation instead (which, under Bernacke, is less likely to happen than me winning Powerball or Mega Millions)...

Reply #20

justxploring — Mon, 04 Dec 2006 05:52:01 GMT

After the past couple of weeks I think I'd just be happy to pay off my bills, relax and then volunteer to help children. There's a city about an hour from my home that has many migrant farmers who live 3 families to a trailer and have barely enough to survive. So many people I've met lately are kind and loving yet have so little. Imagine what joy on Christmas someone with so much money could give to a needy family. It's warm here, but I remember when Johnny Carson would tearfully read the lette... [ More ]

Reply #19

tntea — Mon, 04 Dec 2006 02:38:53 GMT

that is what I definitely call

putting the cart in front of the

horse

Reply #18

Surge — Fri, 01 Dec 2006 01:21:55 GMT

Interesting you brought up that mutual fund murdoog. I have Vanguard Total Stock Market Index Fund in my portfolio for my 403b, and it has done awesome this past year.

You could put a decent chunk of money in that mutual fund and completely forget about it, and be amazed at the results a year or more down the road.

Imagine living off of interest for the rest of your life... now that's security. There are people that make 150k-200k a month in INTEREST.

Reply #17

murdoog — Wed, 29 Nov 2006 20:39:14 GMT

You are smart to want to put it away, but if you ever win it would be a good idea to put some of it into the stock market. You wouldn't need to buy individual stocks, just put it in a good mutual fund like the Vanguard Total Stock Market Index Fund.

Reply #16

stavros — Wed, 29 Nov 2006 20:31:26 GMT

No. You put it in the bank and disperse as needed from there.

Reply #15

bambini — Wed, 29 Nov 2006 20:30:52 GMT

Buy a malibu beach house, and watch the surf.

Reply #14

Coin Toss — Wed, 29 Nov 2006 20:27:46 GMT

Doesn't just put it all in the bank kind of knock out all of the above

Reply #13

murdoog — Wed, 29 Nov 2006 19:47:49 GMT

I would definitely upgrade my membership here.

Reply #12

stavros — Wed, 29 Nov 2006 19:26:23 GMT

Me too! I'd give some to charities, friends in need, travel......damn, just about everything I've ever wanted to do in my life! Material possessions such as cars, clothes, gadgets have never interested me. I would do a lot for other people, while being content that I wouldn't have financial worries for a long time.

Reply #11

tiggs95 — Wed, 29 Nov 2006 19:02:39 GMT

Some of the post on the first page you need a translater..

Reply #10

Just6ntlc — Wed, 29 Nov 2006 16:46:52 GMT

My vote is all of the above.

Reply #9

kandi44 — Wed, 29 Nov 2006 15:50:47 GMT

first pay all my bills. give some to family and friends the real ones. some to the poor and needy travel a few places i've never seen and always wanted visit and invest the rest for grand kids future so they don't have to have it as hard as i did and my parents did and don't for get 10% to church

Reply #8

Surge — Wed, 29 Nov 2006 14:42:17 GMT

I'm the same way LL. I'd put it in the bank and act like nothing happened. I don't have enough to keep me occupied at this point in my life.

Reply #7

lottolaughs — Wed, 29 Nov 2006 14:37:13 GMT

Maybe I'm old fashioned but I'd put it in the bank

Reply #6

justxploring — Wed, 29 Nov 2006 08:54:25 GMT

Yup, that's what my Uncle Vinny used to say back in Sicily

Reply #5

psykomo — Wed, 29 Nov 2006 06:26:43 GMT

with a name like..........................GIDDYUP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

ODK.............................................SEY$$$$$$$$$$$$$$$$$$$$$$$

YOU GOT to be GOOD ....play QP....odk.com!!!!!!!!

lol

PSYKOMO

Reply #4

GIDDYUP — Wed, 29 Nov 2006 05:02:24 GMT

Go to the mattresses ... For me too ... They've been calling me to see if I've won

Reply #3

psykomo — Wed, 29 Nov 2006 04:42:34 GMT

$OME$TIME$ ......ODK......

Reply #2

psykomo — Wed, 29 Nov 2006 04:35:24 GMT

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Reply #1

Coin Toss — Wed, 29 Nov 2006 03:45:23 GMT

Go to the mattresses for awhile, you almost have to.

As for traveling the world in style, anything in style , I'd probably go somewhere like Fargo at first (Jah?) than any toursity place - Can Cun, Aculpoco, Florida Keys, etc....

Who is going to think you hit a jackpot and went to Fargo? Yah

What to do with all that moola?

JackpotWanna — Wed, 29 Nov 2006 02:04:02 GMT

I would travel the world in style.