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Caution or Paranoia?

Topic closed. 37 replies. Last post 4 years ago by GamBlur-TTF.

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United States
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September 7, 2011
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Posted: December 18, 2012, 2:21 pm - IP Logged

Hire a finançial planner an a attorney.   LP members giving advice is like asking a crackhead to pass your drug test

I don't think name calling is going to go over any BETTER than your "guarantee"..........LOL


    United States
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    March 14, 2012
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    Posted: December 18, 2012, 2:40 pm - IP Logged

    LoverLoverLover

      BobP's avatar - bobp avatar.png
      Dump Water Florida
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      June 5, 2002
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      Posted: December 18, 2012, 3:34 pm - IP Logged


      Stories abound of people who retired with around a million invested who are worth less then a quarter of a million ten years later.  Ouch!

      If I won a million I think I'd just spread it across four banks and then look for some good investments where you can't really lose your shirt entirely if things go south and each small enough I'd never miss it.

      BobP

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        Ga
        United States
        Member #120454
        December 20, 2011
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        Posted: December 18, 2012, 4:01 pm - IP Logged


        Stories abound of people who retired with around a million invested who are worth less then a quarter of a million ten years later.  Ouch!

        If I won a million I think I'd just spread it across four banks and then look for some good investments where you can't really lose your shirt entirely if things go south and each small enough I'd never miss it.

        BobP

        I was thinking the same thing. Blue chip stock for some just get a spendable income, I want to invest in municipal bonds for the tax tree returns but probaly not. If I won in the mid 90's, it would be a lot easier but I couldn't play then.

          Uluska's avatar - strawberry

          United States
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          November 2, 2012
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          Posted: December 18, 2012, 6:08 pm - IP Logged

          Lots of money is yet another headache. All those worries. All that causion towards people.  Is it better not to win?


            United States
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            June 2, 2012
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            Posted: December 18, 2012, 7:23 pm - IP Logged

            Lots of money is yet another headache. All those worries. All that causion towards people.  Is it better not to win?

            I'll take those headaches any day of the week.  Bang Head

              rdgrnr's avatar - walt
              Way back up in them dadgum hills, son!
              United States
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              April 28, 2009
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              Posted: December 18, 2012, 7:41 pm - IP Logged

              If you actually won would you invest it,  put it in bank, or keep as much as you could cash? I was talking with some people at work and some family members about this, some said it's too risky to invest with the economy like it is and the huge deficit we have. A few of them said the government can just take it, so if you put a lot of it in t bills, municipal bonds etc. you could lose it all. Do they have a point or are they overreacting?

              I'd take the cash and turn it into real estate - farmland.

              Quickly.

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                Columbia, SC
                United States
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                November 21, 2012
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                Posted: December 18, 2012, 7:43 pm - IP Logged

                I'd pay off all my bills..do some favors for family members and close friends...pay off my twin daughters' college loans, set money aside for them and my future grandchildren, hire a financial planner and have myself an allowance set to spend.....I'd like to keep a simple life...not very materialistic, but I do like nice things like everyone else....Main thing I'd enjoy doing is seeing the world, which is something I've never done...Heck, Ive never even been to Disney World. No Pity!

                "If you can DREAM it, you can DO it!"- Walt Disney


                  United States
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                  July 25, 2012
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                  Posted: December 18, 2012, 8:44 pm - IP Logged

                  Lots of money is yet another headache. All those worries. All that causion towards people.  Is it better not to win?

                  LOL mo money mo problems....I'll take the abundance of money problems over the lack of money problems any day........

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                    Sunny California
                    United States
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                    May 31, 2006
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                    Posted: December 18, 2012, 9:52 pm - IP Logged

                    No use worrying about all this now...you gotta win it first.

                      jackpotismine's avatar - kanji for_peace.jpg
                      Kunming
                      China
                      Member #57910
                      January 23, 2008
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                      Posted: December 18, 2012, 10:03 pm - IP Logged

                      I think one thing that people overlook is retiring where your money goes further. If you were to win let's say 5 million dollars. Retiring in a retirement friendly country would be worth it.

                      Play to win!

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                        Ga
                        United States
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                        December 20, 2011
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                        Posted: December 18, 2012, 10:36 pm - IP Logged

                        Where would you retire to? Would it depend on the laws there the exchange rate compared to the US dollar or just cause you wanted to go there?

                          helpmewin's avatar - dandy
                          u$a
                          United States
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                          February 22, 2011
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                          Posted: December 19, 2012, 9:19 am - IP Logged

                          No use worrying about all this now...you gotta win it first.

                          Noel

                          Let it Snow Snowman


                            United States
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                            July 25, 2012
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                            Posted: December 19, 2012, 7:30 pm - IP Logged

                            Be cautious about your paranoria........

                              haymaker's avatar - Lottery-012.jpg
                              Egg Harbor twp.south Jersey shore
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                              Posted: December 19, 2012, 7:39 pm - IP Logged

                              Just because you're paranoid, does'nt mean they're not after you.

                              Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.